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Uranium Energy to Report Q2 Earnings: Here's What's in Store
ZACKS· 2025-03-04 18:05
Core Viewpoint - Uranium Energy (UEC) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the second quarter of fiscal 2025 [1] Revenue and Earnings Estimates - The Zacks Consensus Estimate for UEC's revenues is $41.4 million, a significant increase from $0.12 million in the same quarter last year [2] - The consensus estimate for earnings indicates break-even earnings, unchanged over the past 30 days [2] - UEC reported earnings of one cent per share in the second quarter of fiscal 2024 [2] Earnings Surprise History - UEC's earnings missed the consensus estimate in three of the last four quarters, with an average surprise of negative 266.7% [3][4] Company Operations and Inventory - UEC is engaged in uranium mining and related activities, with projects in the United States, Canada, and Paraguay [6] - The company has not yet established proven or probable reserves and remains in the "Exploration Stage" [7] - As of the end of the first quarter of fiscal 2025, UEC held 1,256,000 pounds of purchased uranium concentrate inventory and committed to sell 600,000 pounds for $49.75 million [9] - In the second quarter of fiscal 2025, UEC entered contracts to purchase 300,000 pounds of uranium for $23.43 million and sold 500,000 pounds for $41.40 million [10] Financial Performance and Market Position - UEC's shares have increased by 7.2% over the past six months, contrasting with a 1% decline in the industry [13]
Uranium Energy (UEC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-02-25 00:00
Core Insights - Uranium Energy (UEC) stock closed at $5.60, down 1.41% from the previous day, underperforming the S&P 500's daily loss of 0.5% [1] - The stock has decreased by 29.09% over the past month, contrasting with the Basic Materials sector's gain of 0.72% and the S&P 500's loss of 0.47% [1] Earnings Performance - The upcoming earnings release for Uranium Energy is anticipated to show an EPS of $0, reflecting a 100% decline compared to the same quarter last year [2] - Revenue is expected to be $41.4 million, indicating a significant increase of 34,400% compared to the year-ago quarter [2] Annual Forecast - For the entire year, Zacks Consensus Estimates predict earnings of $0.01 per share and revenue of $119.9 million, representing increases of 111.11% and 53,426.79% respectively compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Uranium Energy are crucial as they often indicate shifts in near-term business trends, with positive revisions suggesting a favorable business outlook [4] Stock Price Correlation - Research indicates that changes in analyst estimates are directly correlated with near-term stock prices, and the Zacks Rank system is designed to leverage this relationship [5] Zacks Rank - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically yielding an average annual return of +25% since 1988 [6] - Over the last 30 days, the Zacks Consensus EPS estimate for Uranium Energy has decreased by 50%, and the company currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Uranium Energy has a Forward P/E ratio of 568, significantly higher than the industry average Forward P/E of 12.03 [7] - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 181, placing it in the bottom 28% of over 250 industries [7] Industry Performance - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]
Uranium Energy Corp Achieves Key Production Milestone with Drummed Uranium Concentrates at Irigaray Plant
Prnewswire· 2025-02-19 11:45
Core Viewpoint - Uranium Energy Corp. has achieved a significant operational milestone with the successful processing, drying, and drumming of uranium concentrates at its Irigaray Central Processing Plant in Wyoming, following initial production from its Christensen Ranch In-Situ Recovery operations [1][3]. Company Operations - The uranium concentrates produced at the Irigaray CPP will be transported to the ConverDyn Conversion Facility in Metropolis, Illinois [2]. - The company has commenced a phased ramp-up of operations, reaching this milestone on schedule, which reflects years of planning and hard work from the team [3]. - UEC operates as a debt-free and unhedged uranium producer, allowing for financial strength and flexibility to advance production in line with market conditions [4]. Market Position - UEC's fully permitted In-Situ Recovery assets provide a cost-efficient foundation for sustainable growth, positioning the company as a key player in the expanding nuclear energy sector [3]. - The company anticipates that the constrained availability of U.S. origin uranium will drive premium pricing, creating a competitive advantage as the largest and fastest-growing uranium company in the country [4]. Production Capacity - Uranium Energy Corp. is America's largest and fastest-growing supplier of uranium, with a combined licensed production capacity of 12.1 million pounds U3O8 per year across its operations in South Texas and Wyoming [5]. - The company has diversified uranium holdings, including high-grade Canadian projects and a significant equity stake in Uranium Royalty Corp., the only royalty company in the sector [5].
Uranium Energy (UEC) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-01-29 00:21
Group 1 - Uranium Energy (UEC) closed at $6.95, reflecting a -1.7% change from the previous session, underperforming the S&P 500's daily gain of 0.92% [1] - Over the past month, shares of Uranium Energy gained 2.91%, surpassing the Basic Materials sector's gain of 1.86% and the S&P 500's gain of 0.81% [1] Group 2 - Analysts expect Uranium Energy to report earnings of $0 per share, indicating a year-over-year decline of 100%, while revenue is projected at $41.4 million, a 34400% increase compared to the previous year [2] - For the full year, earnings are projected at $0.02 per share and revenue at $129.85 million, reflecting changes of +122.22% and +57868.75% respectively from the prior year [3] Group 3 - Recent modifications to analyst estimates for Uranium Energy indicate changing near-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [4] - Estimate alterations are linked to stock price performance, and investors can utilize the Zacks Rank model to capitalize on these changes [5] Group 4 - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988; Uranium Energy currently holds a Zacks Rank of 4 (Sell) [6] Group 5 - Uranium Energy is trading with a Forward P/E ratio of 353.5, indicating a premium compared to its industry's Forward P/E of 11.59; the Mining - Miscellaneous industry ranks in the bottom 48% of all industries [7]
Uranium Energy Corp Increases Holdings in Anfield Energy
Prnewswire· 2025-01-15 22:53
Core Viewpoint - Uranium Energy Corp has completed the acquisition of 107,142,857 common shares of Anfield Energy Inc for a total consideration of $10.46 million, increasing its ownership stake in Anfield to approximately 17.8% on a non-diluted basis and 24.2% on a partially diluted basis [2][3][4]. Acquisition Details - The acquisition was finalized on January 15, 2025, at a price of $0.14 per share (Canadian dollars) [3]. - Prior to the acquisition, the company owned 96,272,918 Anfield Shares and an equal number of share purchase warrants, representing approximately 9.3% of Anfield's outstanding shares on a non-diluted basis [4]. Ownership and Control - Following the acquisition, the company holds a total of 203,415,775 Anfield Shares, which gives it beneficial ownership and control over approximately 17.8% of Anfield's outstanding shares on a non-diluted basis [3]. - The company has committed not to exercise its warrants to avoid becoming a "Control Person" of Anfield without the necessary approvals [5]. Future Intentions - The shares were acquired for investment purposes, and the company will continue to monitor Anfield's business and financial condition, with the potential to adjust its ownership stake in the future [5]. Regulatory Compliance - An early warning report has been filed under Anfield's profile at SEDAR+ in accordance with Canadian regulations [6]. Company Overview - Uranium Energy Corp is recognized as America's largest and fastest-growing supplier of uranium, focusing on environmentally friendly In-Situ Recovery (ISR) mining projects and high-grade conventional projects in Canada [8]. - The company has a combined licensed production capacity of 12.1 million pounds U3O8 per year across its operations in South Texas and Wyoming [8].
Is It Worth Investing in Uranium Energy (UEC) Based on Wall Street's Bullish Views?
ZACKS· 2024-12-24 15:31
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Uranium Energy (UEC), and highlights the importance of using these recommendations in conjunction with other analytical tools like Zacks Rank to make informed investment decisions [1][4]. Brokerage Recommendations - Uranium Energy currently has an average brokerage recommendation (ABR) of 1.25, indicating a consensus between Strong Buy and Buy, with 75% of recommendations being Strong Buy and 25% being Buy [2]. - The article suggests that while the ABR indicates a buying opportunity, investors should not rely solely on this metric due to the potential bias of brokerage analysts [4][5]. Analyst Bias and Limitations - Brokerage analysts often exhibit a strong positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable recommendations compared to negative ones [5][9]. - This bias can mislead investors, as the interests of brokerage firms may not align with those of retail investors [6]. Zacks Rank as an Alternative - Zacks Rank is presented as a more reliable tool for predicting stock price movements, categorizing stocks into five groups based on earnings estimate revisions, which have shown a strong correlation with near-term stock price changes [7][13]. - The Zacks Rank is updated more frequently than the ABR, reflecting timely changes in earnings estimates and business trends [14]. Earnings Estimate Revisions - The Zacks Consensus Estimate for Uranium Energy has declined by 77.8% over the past month, indicating a significant downward revision in earnings expectations [15]. - This decline in earnings estimates has contributed to a Zacks Rank of 4 (Sell) for Uranium Energy, suggesting a bearish outlook for the stock [16].
Uranium Energy Corp to Speak at Goldman Sachs Energy, CleanTech & Utilities Conference
Prnewswire· 2024-12-19 13:00
Core Viewpoint - Uranium Energy Corp (UEC) is positioned to meet the increasing demand for U.S.-based uranium production, highlighted by its participation in the Goldman Sachs Energy, CleanTech & Utilities Conference in January 2025 [1][2][3]. Company Overview - UEC is the largest and fastest-growing uranium supplier in the U.S., focusing on low-cost, environmentally friendly InSitu Recovery (ISR) mining projects and high-grade conventional projects in Canada [4]. - The company has a combined licensed production capacity of 12.1 million pounds U3O8 per year across its three hub and spoke platforms in South Texas and Wyoming [4]. - UEC's ISR operations commenced at the Christensen Ranch project in Wyoming in August 2024, with uranium loaded resin being sent to the Irigaray Central Processing Plant [4]. Strategic Initiatives - UEC's management will engage in one-on-one investor meetings to discuss the expansion of its production platforms and infrastructure, including the recent acquisition of the Sweetwater Plant in Wyoming from Rio Tinto [3]. - The company has diversified uranium holdings, including a pipeline of high-grade Canadian projects, a significant physical uranium portfolio, and a major equity stake in Uranium Royalty Corp [5]. Market Position - UEC is well-positioned to address the rising U.S. and global uranium demand due to the increasing need for nuclear fuel from geopolitically stable jurisdictions [3].
Uranium Energy Corp Files Quarterly Report For the First Quarter of Fiscal 2025
Prnewswire· 2024-12-05 11:30
NYSE American: UECSelected Quarterly Highlights Successfully restarted operations and commenced ramp-up at the Christensen Ranch In-Situ Recovery Mine in Wyoming's Powder River Basin. Transportation of uranium loaded resin has begun from the Christensen Ranch Satellite Plant to the fully operational Irigaray Central Processing Plant. Dried and drummed concentrate production is expected at the Irigaray Plant in early 2025. Significantly expanded permitted production capacity at the Irigaray Plant to 4.0 mill ...
Uranium Energy (UEC) - 2025 Q1 - Quarterly Report
2024-12-04 23:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Nevada 98-0399476 (State or other jurisdiction of incorporation of organization) (I.R.S. Employer Identification No.) 500 North Shoreline, Ste. 800, Corpus Christi, Texas, U.S.A. 78401 (U.S. corporate headquarters) (Zip Code) V6E 4A2 (Zip Code) (361) 888-8235 (Registrant's telephone number, including area code) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period en ...
Why Uranium Energy Corp. Rallied This Week
The Motley Fool· 2024-11-21 19:57
Shares of Uranium miner and processor Uranium Energy Corp. (UEC 2.21%) rallied 13.6% this week through Thursday at 1 p.m. ET, according to data from S&P Global Market Intelligence.As is often the case with commodity companies, geopolitical tensions and negative events can actually be beneficial for certain stocks, making commodity plays somewhat of a hedge against global disasters and inflation.That was the case this week, as tensions with Russia led to concerns about uranium supply disruption to U.S. nucle ...