Uranium Energy CorpUEC
What Uranium Energy Corp does.
Uranium Energy Corp. is a fast growing, uranium mining company listed on the NYSE American. UEC is working towards fueling the global demand for carbon-free nuclear energy, a key solution to climate change, and energy source for the low-carbon future.
UEC is a pure-play uranium company and is advancing its next generation of low-cost, in-situ recovery (“ ISR ”) mining uranium projects, and which ISR mining process is expected to reduce the impact on the environment as compared to conventional mining. We have two extraction ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at its Hobson and Irigaray plants. UEC also has several U.S. ISR uranium projects with all of their major permits in place, with additional diversified holdings of uranium assets across the U.S., Canada and the Republic of Paraguay.
We believe nuclear energy will continue to be an important part of the energy transition and the energy mix of a future low carbon economy. As such, we are focused on scaling our business to meet the future energy needs for nuclear in the U.S. and globally.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $23.2M | $164.4M | $224,000 | $66.8M |
| Net income | -$14.6M | -$14.8M | $5.3M | -$3.3M | -$29.2M | -$87.7M |
| Free cash flow | -$13.0M | -$41.6M | -$53.6M | $72.0M | -$108.5M | -$69.9M |
More on UEC.
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Figures from Uranium Energy Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.