Uranium Energy Corp UEC

Energy

Uranium Energy Corp. is a uranium mining company. The Company advances in In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects. Additionally, it has diversified uranium holdings, including uranium portfolios of North American warehoused U3O8; an equity stake in Uranium Royalty Corp., and a Western Hemisphere pipeline of resource stage uranium projects. The Texas Hub and Spoke Project includes Hobson Central Processing Plant (CPP), Burke Hollow, Goliad, Palangana, and Salvo. The Wyoming Asset Hub and Spoke In-Situ Recovery Project includes Christensen Ranch and Irigaray (Willow Creek), Moore Ranch, Ludeman, Allemand-Ross, and others. It also owns projects, including Henday Lake, Carswell, and Milliken.

NYSEAM:UEC - Post by User

Uranium Energy Corp > Uranium Energy (UEC) Falls Short of Q3 Earnings Estimates

<< Previous

Bullboard Posts

Next >>

Comment by GSTbay1060on Jun 12, 2024 7:16am

86 Views

Post# 36084210

RE:Uranium Energy (UEC) Falls Short of Q3 Earnings Estimates

Hmmm
They are spending more to get the isr project running. They did not sell reserves. They hired a new person to begin working in Saskatchewan to start preliminary work on rough rider. So as they are growing they are spending more than bringing in. They stopped toll milling for another company so they could use all of the mill capacity.

Just a few points. But they are running without causing dilution by having to issue shares to fund the projects.

glta
dyodd

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals