Uranium Energy Corp (UEC) has announced that it will release its operational and financial results for the third quarter of fiscal year 2026 before the market opens on June 9. The company's management will host a conference call at 11:00 AM Eastern Time that same day to discuss the results. A live webcast and replay of the call will be accessible through the investor relations section of the company's website.
This earnings release comes during a pivotal period as the company advances several strategic initiatives. In the second quarter, Uranium Energy sold 200,000 pounds of uranium at a price of $101 per pound, representing a premium of over 25% to the average spot price for the quarter. This generated revenue of $20.2 million and gross profit of approximately $10.0 million. As of the end of the quarter, the company held $818 million in liquid assets, had an inventory of roughly 1.456 million pounds of uranium, and maintained a debt-free balance sheet.
On the operational front, the company has completed construction of the Burke Hollow project in Texas, which is now the newest in-situ recovery uranium mine in the United States, awaiting regulatory approval to commence production. At the Christensen Ranch facility in Wyoming, four new header houses have been added, and the site has produced a cumulative 244,321 pounds of uranium since resuming operations. The calcining system at the Irigaray Central Processing Plant has also been refurbished and is now operating continuously.
A notable development is the recent supportive policy shift for the U.S. uranium industry. Uranium was added to the U.S. Geological Survey's critical minerals list in November 2025, and a presidential proclamation has initiated Section 232 negotiations on critical minerals, including uranium. A related report is expected by July 13. This policy movement could further accelerate the development of a domestic uranium supply chain in the United States.
Market consensus estimates for the company's third quarter anticipate a loss per share of approximately $0.03 and revenue around $8.5 million. During the conference call, management is expected to provide further guidance on topics including the production timeline for Burke Hollow, progress on the feasibility study for a domestic uranium conversion facility, and the potential impact of Section 232 policy actions.
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