Uranium Energy Corp. (NYSE-A: UEC) reported its first quarter fiscal 2026 results, achieving a total cost per pound of $34.35 based on production of 68,612 pounds of precipitated uranium and dried and drummed U₃O₈ for the quarter. The company completed major construction milestones at the Burke Hollow project, preparing for initial operations at South Texas’s newest in-situ recovery production facility. Additionally, Uranium Energy advanced six header houses at Christensen Ranch in Wyoming’s Powder River Basin and completed refurbishment of the yellowcake thickener and calciner at the Irigaray Central Processing Plant. The company maintains a balance sheet with $698 million in cash, uranium inventory, and equities at market prices, with no debt, and holds 1,356,000 pounds of U₃O₈ in inventory. The workforce now includes 84 personnel in Wyoming and 86 in South Texas. Uranium Energy also launched United States Uranium Refining & Conversion Corp, adding uranium and UF₆ production capabilities to its business lines.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Uranium Energy Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9628974) on January 20, 2026, and is solely responsible for the information contained therein.