Uranium Energy Corp (UEC) filed its Annual Report for fiscal year 2024, highlighting significant operational and financial achievements. UEC successfully restarted uranium production at Christensen Ranch in Wyoming's Powder River Basin and advanced projects in Texas and Canada. The company's attributable resources increased to 230 million pounds U3O8 in Measured and Indicated categories and 102.7 million pounds in Inferred category.UEC reported over 1.46 million pounds of U3O8 inventory valued at $125.3 million and is taking delivery of an additional 700,000 pounds through December 2025. As of July 31, 2024, the company had approximately $331.5 million in cash, equity holdings, and inventory at market prices, with no debt. UEC also announced a landmark agreement to acquire Rio Tinto's Sweetwater Plant and uranium projects in Wyoming, establishing a third U...Show More

Uranium Energy Corp (UEC) filed its Annual Report for fiscal year 2024, highlighting significant operational and financial achievements. UEC successfully restarted uranium production at Christensen Ranch in Wyoming's Powder River Basin and advanced projects in Texas and Canada. The company's attributable resources increased to 230 million pounds U3O8 in Measured and Indicated categories and 102.7 million pounds in Inferred category.UEC reported over 1.46 million pounds of U3O8 inventory valued at $125.3 million and is taking delivery of an additional 700,000 pounds through December 2025. As of July 31, 2024, the company had approximately $331.5 million in cash, equity holdings, and inventory at market prices, with no debt. UEC also announced a landmark agreement to acquire Rio Tinto's Sweetwater Plant and uranium projects in Wyoming, establishing a third U.S. production platform.CEO Amir Adnani emphasized the company's strong position amid growing global demand for nuclear energy and uranium, citing the proposed Three Mile Island Unit 1 restart and potential supply chain disruptions due to Russian uranium bans. UEC remains 100% unhedged, leveraging its strong financial position to expand U.S. ISR production and develop Canadian assets.