UECNYSEMiscellaneous Metal OresUS GAAP · USD

Uranium Energy Corp

Uranium Energy Corp is a U.S.-based uranium mining company focused on acquiring, developing, and operating uranium projects in the United States, Canada, and Paraguay. Its business centers on in-situ recovery (ISR) uranium mining, uranium processing capacity, and physical uranium inventory held to support future sales and project development.

Liikevaihto37,3milj. USD
−44,3 %v/v
Liikevoitto (EBIT)−133milj. USD
−81,6 %v/v
EBIT-marginaali−357,4%
−247,7 %-yks.v/v
Nettotulos−137milj. USD
−56,6 %v/v
Vapaa kassavirta−107milj. USD
−53,5 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

−200−1000100200milj. USD2021: 0,00 milj. USD2021: EBIT −18 milj. USD20212022: 23 milj. USD2022: EBIT −23 milj. USD20222023: 164 milj. USD2023: EBIT 8,9 milj. USD20232024: 0,22 milj. USD2024: EBIT −56 milj. USD20242025: 67 milj. USD2025: EBIT −73 milj. USD20252026: 37 milj. USD2026: EBIT −133 milj. USD202637−133
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
ISR uranium mining55 %

Development and operation of in-situ recovery uranium projects and related extraction readiness activities.

Uranium inventory sales35 %

Sales of purchased uranium inventory and uranium concentrate into the spot market.

Processing services5 %

Toll processing services related to uranium handling and conversion support.

Project development and permitting5 %

Permitting, exploration, property maintenance, and pre-extraction work on uranium assets.

Asiakkaat

UEC sells primarily into the uranium market, where buyers include utilities, traders, financial entities, and government-related programs. Its sales are tied to spot-market conditions and future contracting opportunities, while its project pipeline is aimed at supplying nuclear fuel customers that prefer domestic or U.S.-origin uranium.

Nuclear utilities

Buy uranium concentrate for reactor fuel and long-term supply security.

Spot market counterparties

Purchase purchased uranium inventory when market pricing and liquidity are favorable.

Government and strategic programs

May buy or source domestic uranium for reserve or policy-driven supply needs.

Financial entities and traders

Participate in uranium inventory and market transactions for exposure or arbitrage.

Strategia

UEC’s strategy is to build a low-cost ISR uranium platform, maintain licensed processing capacity, and hold physical uranium inventory to support future sales and balance sheet flexibility. It also seeks to benefit from domestic uranium supply opportunities, including U.S.-origin demand and potential participation in strategic government programs.

Scale ISR mining and processing platformKeskipitkä aikaväli

ISR can lower operating complexity and support competitive uranium supply.

Build and manage physical uranium inventoryLyhyt aikaväli

Inventory can support future sales, pricing leverage, and balance sheet flexibility.

Pursue domestic supply opportunitiesKeskipitkä aikaväli

U.S.-origin uranium may command strategic value and support government programs.

Advance refining and conversion optionalityPitkä aikaväli

Downstream capability could broaden the company’s role in the nuclear fuel cycle.

Maantiede

Q1/2024

UEC operates a U.S.-centered uranium platform with extraction-ready ISR hubs in South Texas and Wyoming, anchored by processing plants in those regions. It also holds uranium assets and employees in Canada and Paraguay, which broadens its operating footprint and exposes the company to multiple permitting, regulatory, and logistics regimes.

USA100 %

Riskit

UEC is exposed to uranium price volatility, financing dependence, and the regulatory intensity of the nuclear fuel cycle. Its project pipeline also carries execution risk because ISR mining, permitting, and early-stage refining or conversion initiatives require technical success, approvals, and capital before they can contribute meaningfully.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Uranium price volatility1Financing dependence2Regulatory and political risk3Project execution risk4Competitive acquisition risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Uranium price volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    Spot-market sales and inventory valuation are highly sensitive to uranium pricing.

    Kohdistuu: Sales of purchased uranium inventory and future U3O8 sales

  2. Financing dependenceVaikutus: KorkeaTodennäköisyys: Korkea

    Project development and inventory strategy rely on continued access to equity and debt.

    Kohdistuu: All uranium projects and corporate liquidity

  3. Regulatory and political riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Uranium mining, transport, and marketing are heavily regulated and policy-driven.

    KohdistuuPermitsTradeNuclear power policy
  4. Project execution riskVaikutus: KeskitasoTodennäköisyys: Korkea

    ISR projects and refining/conversion initiatives require technical and regulatory success.

    Kohdistuu: Development timelines and capital deployment

  5. Competitive acquisition riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Larger uranium companies may outbid UEC for projects and resources.

    Kohdistuu: Growth through acquisitions

Kirjanpito

Harkinnanvaraiset erät
Mineral rights and exploration costs

Acquisition costs are capitalized while exploration and pre-extraction costs are expensed until reserves are established.

Vaikutus: Affects asset values, operating expenses, and timing of project economics

Uranium inventory valuation

Purchased uranium and concentrate are carried as inventory and exposed to market price changes.

Vaikutus: Can affect working capital and future gross profit recognition

Asset retirement obligations

Long-lived mining assets require estimates for reclamation and closure costs.

Vaikutus: Affects liabilities and periodic accretion expense

Inventory purchase commitments

Committed uranium purchases create fixed future cash obligations.

Vaikutus: Affects liquidity planning and balance sheet commitments

Operating leases

Office and facility leases create recognized right-of-use assets and liabilities.

Vaikutus: Affects leverage presentation and fixed-cost structure

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026