Uranium Energy Corporation's stock price increased by 4% due to strong uranium sales.

LootboxPhobia · 2026-03-10T12:59:07+00:00

Uranium Energy Corp announced its Q2 FY2026 results, with an adjusted EPS of -$0.03, revenue of $20 million, and a stock price increase of 3.98%. The company sold 200,000 pounds of uranium concentrate at a strategy price above the market average. The Burke Hollow construction was completed, with current assets of $818 million and a uranium inventory of 1.46 million pounds.

LootboxPhobia

2026-03-10 12:59:07

Abstract generation in progress

Texas City, Corpus Christi - Uranium Energy Corp (NYSE: UEC) announced its second-quarter results for fiscal year 2026 on Tuesday, with an adjusted loss of $0.03 per share, in line with analyst expectations. Quarterly revenue reached $20.2 million as of January 31, 2026.

Following the earnings release, the company’s stock rose 3.98% in pre-market trading.

Uranium Energy’s unhedged uranium sales strategy achieved a price of $101 per pound, significantly higher than the quarterly average spot price of $80.76 per pound. UEC sold 200,000 pounds of uranium concentrate this quarter, generating a gross profit of $10 million.

The company produced 45,743 pounds this quarter, with a total cost of $44.14 per pound.

President and CEO Amir Adnani stated, “This quarter, we sold uranium at prices more than 25% above the quarterly average, demonstrating the advantages of our unhedged inventory management approach during a strengthening uranium market.”

UEC completed the construction of Burke Hollow, the latest in-situ recovery uranium production facility in South Texas, and finished four new collection pond cells at Christensen Ranch in Wyoming. Both projects are awaiting final regulatory approval to commence production.

The company also completed a comprehensive renovation of its Irigaray central processing plant’s calciner, enabling 24/7 operation.

As of the end of the quarter, the company maintained an $818 million balance sheet with no debt. As of January 31, 2026, UEC held 1.46 million pounds of uranium inventory, valued at $144 million at market prices.

Since commissioning, Christensen Ranch has produced 244,321 pounds, with a total cost of $37.28 per pound, demonstrating ongoing operational efficiency in the Wyoming operations.

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