NYSE American: UEC UEC will have a U.S. industry-leading, three hub-and-spoke production platforms in Wyoming and Texas 12.1 million pounds of U3O8 per year of combined U.S. licensed production capacity, upon closing the previously announced acquisition of Rio Tinto's Wyoming Assets CASPER, Wyo., Oct. 17, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce that it has received approval from the Wyoming Department of Environmental Quality, Uranium Reco ...

Financial Performance - As of July 31, 2024, the company reported an accumulated deficit of $318.9 million and significant negative cash flow, with revenues from uranium sales totaling $164.4 million during Fiscal 2023[102]. - The company has not achieved consistent profitability or positive cash flow from operations and does not expect to do so in the near term[102]. - Future capital expenditures are expected to be substantial, and the company will continue to rely on equity and debt financing, which may be affected by external market conditions[104]. - The company may face significant dilution to existing shareholders due to future issuances for financings, mergers, and acquisitions[166]. - The market price of the company's common stock has historically fluctuated significantly, influenced by various factors including uranium market volatility and major nuclear incidents[165]. - The company has relied on equity and debt financing as primary sources, and a prolonged decline in stock price could adversely affect operations[166]. Operational Readiness and Risks - The company remains in a state of operational readiness at its ISR Mines, deferring major pre-extraction expenditures in anticipation of a recovery in uranium prices[109]. - The company has recorded a liability of $19.6 million for future reclamation obligations, which may exceed actual costs incurred[120]. - The company has not established proven or probable reserves for any of its uranium projects, which increases the risk associated with its mining activities[114]. - The economic viability of the company's mining activities is subject to various risks, including market price volatility and regulatory changes[105]. - The company is exposed to credit and operational risks associated with uranium storage facilities, which could impact the recovery of its investments[128]. - Compliance costs related to environmental protection laws and regulations are expected to increase as the company expands its operations[135]. Market Conditions - The uranium industry is highly competitive, with larger companies having greater financial and technical resources, making it difficult for the company to acquire additional projects[146]. - The international uranium market is heavily regulated and subject to political changes, which could adversely affect the company's operations and financial condition[129]. - The COVID-19 pandemic impacted approximately 50% of the world's uranium production, leading to significant production cuts in 2020, with ongoing uncertainty regarding the market[140]. - The marketability of uranium concentrates is influenced by macroeconomic factors and regulatory changes, potentially affecting the company's return on invested capital[141]. - The titanium industry is cyclical and volatile, with demand linked to global economic conditions, which may adversely affect the company's financial results[144]. - The company may face challenges in maintaining competitive positioning in the titanium market due to the concentration of production among a few major players[147]. Strategic Commitments - The company has utilized a significant portion of its cash for the acquisition of physical uranium under its Physical Uranium Program, which carries risks related to price fluctuations and potential defaults by suppliers[122]. - The company has entered into commitments to purchase U3O8 as part of its Physical Uranium Program, but future purchases are uncertain[126]. - The company may need to sell a portion or all of its accumulated physical uranium to meet capital requirements if other financing options are unavailable[123]. - As of July 31, 2024, the company has no uranium supply or off-take agreements, making it vulnerable to fluctuations in uranium market prices[642]. Shareholder and Regulatory Considerations - The company is authorized to issue 750,000,000 shares of common stock, with 410,355,768 shares issued and outstanding as of July 31, 2024[167]. - The company is subject to the Continued Listing Criteria of the NYSE American, and failure to meet these criteria may result in delisting[168]. Cybersecurity Measures - The company has developed policies and procedures to mitigate material risks from cybersecurity threats, integrating this into its overall risk management framework[171]. - The Audit Committee monitors cybersecurity risks and evaluates the effectiveness of data and information systems[171]. - The company has engaged third-party IT service providers to adhere to security policies and enhance cybersecurity infrastructure[173]. - The company does not currently identify any major cybersecurity threats that have materially affected its business strategy or financial condition[175]. Currency and Foreign Operations - The company's functional currency is the US dollar, but it conducts transactions in other currencies, including the Canadian dollar and Paraguayan Guarani, without significant material impact on operations[643]. - The company holds mineral rights in Paraguay, which are subject to additional risks related to political and economic factors in foreign jurisdictions[148]. - The company holds two significant uranium projects and one titanium project in Paraguay, facing additional risks due to political and regulatory environments in foreign jurisdictions[644]. Tax and Regulatory Changes - Proposed changes in U.S. tax laws, including the "Build Back Better Act," may adversely impact the company's financial performance and stock value[161]. - The company is exposed to equity price risk, with a potential loss before income taxes of $7,526 for every 10% fluctuation in the price of its equity securities[641].

Uranium Energy (UEC) has signed an agreement to acquire Rio Tinto's (RIO) Sweetwater Plant and uranium assets in Wyoming. This move will enable Uranium Energy to increase its production capacity. Details of Uranium Energy's Uranium Assets Acquisition UEC will pay $175 million for Rio Tinto's Wyoming assets, which include the totally owned and fully licensed Sweetwater Plant, as well as the Red Desert and Green Mountain uranium mining projects. Upon completion, Uranium Energy will renew approximately $25 mil ...

The company touted the synergistic nature of its latest deal. Bulking up via acquisition is a classic tactic employed by businesses. The latest such move by Uranium Energy (UEC 11.73%) was announced on Monday and met with hearty investor approval gauging by the stock's more than 10% price pop on the day. That rise was far higher than that of the bellwether S&P 500 index, which increased by a far more modest 0.3%. A $175 million deal Wyoming-based Uranium Energy announced that it reached agreement on the pur ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

NYSE American: UEC CASPER, Wyo, Sept. 23, 2024 /PRNewswire/ - Uranium Energy Corp. (NYSE American: UEC) the "Company" or "UEC") is pleased to announce that it has entered into an agreement with Rio Tinto America Inc. ("Rio Tinto") to acquire 100% of Rio Tinto's Wyoming assets, comprised of the wholly-owned and fullylicensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million pounds of historic resources(1) (the "Transaction"). The purchase price payable at closing is $ ...

Nuclear energy and uranium got a boost, but will it last given the long lead times to grow nuclear energy production? This week, nuclear energy stocks became a hot topic in the news as political forces pushed to expand nuclear production and tech companies indicated their willingness to be buyers. According to data provided by S&P Global Market Intelligence, Uranium Energy Corp. (UEC -3.52%) jumped as much as 26.1%, Cameco Corp. (CCJ -1.68%) rose 11.1%, American Superconductor (AMSC -0.60%) rose 23.5%, and ...

Uranium Energy (UEC) closed at $5.25 in the latest trading session, marking a +1.35% move from the prior day. This change outpaced the S&P 500's 0.75% gain on the day. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 1%. Prior to today's trading, shares of the uranium mining and exploration company had gained 9.51% over the past month. This has outpaced the Basic Materials sector's gain of 0.53% and the S&P 500's gain of 4.03% in that time. The upcoming earnings release of Uranium Ene ...

NYSE American: UEC CORPUS CHRISTI, Texas, Sept. 12, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC), the "Company" or "UEC") is pleased to report results from the ongoing drill campaign at its Roughrider Project (the "Project"), located in Northern Saskatchewan, Canada. Drilling 850 metres northeast of the Roughrider Project Deposit has intersected additional high-grade uranium mineralization: Figure 1: Roughrider Location Map (CNW Group/Uranium Energy Corp)Figure 1: Roughrider Location Map (CN ...

Ole_CNX Uranium Energy Corp. (NYSE:UEC) is positioning itself for the next generation of nuclear power as demand is expected to increase to 130k tonnes per year by 2040. Despite this factor, UEC continues to finance operations through large equity raises, resulting in further dilution of the float, which is significantly impactful to shareholders. In addition to this, spot uranium prices appear to be trending towards $73/lb as the spot price generally follows Elliot Wave Theory given that traders leverage t ...