Movement Alert|Uranium Energy Corp Falls 6.58% in Regular Trading, Q3 Loss Significantly Misses Expectations

Market Focus
06/09

On June 9, Uranium Energy Corp fell 6.58% in regular trading, trading at $11.61/share, with trading volume of $33.85 million. The decline was triggered by the company's fiscal third-quarter earnings release before market open.

The company reported a net loss of $0.11 per share for fiscal Q3, widening sharply from a loss of $0.07 per share in the year-ago period, and far worse than the analyst consensus estimate of a $0.03 loss. Operationally, the company produced 32,195 pounds of uranium concentrate during the quarter at a total cost of $54.61 per pound. The company previously held $818 million in liquid assets and approximately 1.456 million pounds of uranium inventory with zero debt.

Within the Coal & Consumable Fuels sector, peers also traded lower. Peabody Energy fell 3.97%, Centrus declined 1.52%, Denison Mines dropped 0.81%, Energy Fuels fell 0.72%, and Cameco slipped 0.44%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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