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Uranium Energy Corp  (NYSEAMER: UEC)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 
Price: $7.0550 $0.00 -0.071%
Day's High: $7.129 Week Perf: 1.51 %
Day's Low: $ 7.02 30 Day Perf: 2.25 %
Volume (M): 217 52 Wk High: $ 8.91
Volume (M$): $ 1,540 52 Wk Avg: $6.70
Open: $6.85 52 Wk Low: $4.06



 Market Capitalization (Millions $) 2,908
 Shares Outstanding (Millions) 412
 Employees 31
 Revenues (TTM) (Millions $) 17
 Net Income (TTM) (Millions $) -53
 Cash Flow (TTM) (Millions $) 140
 Capital Exp. (TTM) (Millions $) 3

Uranium Energy Corp

We are engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing, on uranium projects located in the United States and Paraguay. We utilize in-situ recovery (“ISR”) mining where possible which we believe, when compared to conventional open pit or underground mining, requires lower capital and operating expenditures with a shorter lead time to extraction and a reduced impact on the environment. We do not expect, however, to utilize ISR mining for all of our mineral rights in which case we would expect to rely on conventional open pit and/or underground mining techniques. We have one uranium mine located in the State of Texas, the Palangana Mine, which utilizes ISR mining and commenced extraction of uranium oxide (“U3O8”), or yellowcake, in November 2010. We have one uranium processing facility located in the State of Texas, the Hobson Processing Facility, which processes material from the Palangana Mine into drums of U3O8, our only sales product and source of revenue, for shipping to a third-party storage and sales facility. Since commencement of uranium extraction from the Palangana Mine in November 2010 to July 31, 2015, the Hobson Processing Facility has processed 578,000 pounds of U3O8.

Our fully-licensed and 100%-owned Hobson Processing Facility forms the basis for our regional operating strategy in the State of Texas, specifically the South Texas Uranium Belt where we utilize ISR mining. We utilize a “hub-and-spoke” strategy whereby the Hobson Processing Facility acts as the central processing site (the “hub”) for our Palangana Mine and future satellite uranium mining activities, such as our Burke Hollow and Goliad Projects, located within the South Texas Uranium Belt (the “spokes”). The Hobson Processing Facility has a physical capacity to process uranium-loaded resins up to a total of two million pounds of U3O8 annually and is licensed to process up to one million pounds of U3O8 annually.

At July 31, 2016, we hold certain mineral rights in various stages in the States of Arizona, Colorado, New Mexico, Texas and Wyoming and in the Republic of Paraguay, many of which are located in historically successful mining areas and have been the subject of past exploration and pre-extraction activities by other mining companies. We do not expect, however, to utilize ISR mining for all of our mineral rights in which case we would expect to rely on conventional open pit and/or underground mining techniques.

Our operating and strategic framework is based on expanding our uranium extraction activities, which includes advancing certain uranium projects with established mineralized materials towards uranium extraction, and establishing additional mineralized materials on our existing uranium projects or through acquisition of additional uranium projects.


We utilize or plan on utilizing in-situ recovery or ISR uranium mining for our South Texas projects including the Palangana Mine and will continue to utilize ISR mining whenever such alternative is available to conventional mining. When compared to conventional mining, ISR mining requires lower capital expenditures and has a reduced impact on the environment, as well as a shorter lead time to uranium recovery.

ISR mining involves circulating oxidized water through an underground uranium deposit, dissolving the uranium and then pumping the uranium-rich solution to the surface for processing. Oxidizing solution enters the formation through a series of injection wells and is drawn to a series of communicating extraction wells. To create a localized hydrologic cone of depression in each wellfield, more groundwater will be produced than injected. Under this gradient, the natural groundwater movement from the surrounding area is toward the wellfield, providing control of the injection fluid. Over-extraction is adjusted as necessary to maintain a cone of depression which ensures that the injection fluid does not move outside the permitted area.

The uranium-rich solution is pumped from the ore zone to the surface and circulated through a series of ion exchange columns located at the mine site. The solution flows through resin beds inside an ion exchange column where the uranium bonds to small resin beads. As the solution exits the ion exchange column, it is mostly void of uranium and is re-circulated back to the wellfield and through the ore zone. Once the resin beads are fully-loaded with uranium, they are transported by truck to the Hobson Processing Facility and transferred to a tank for flushing with a brine solution, or elution, which strips the uranium from the resin beads. The stripped resin beads are then transported back to the mine and reused in the ion exchange columns. The uranium solution, now free from the resin, is precipitated out and concentrated into a slurry mixture and fed to a filter press to remove unwanted solids and contaminants. The slurry is then dried in a zero-emissions rotary vacuum dryer, packed in metal drums and shipped out as uranium concentrates, or yellowcake, to ConverDyn for storage and sales.

Each project is divided into a mining unit known as a PAA which lies inside an approved Mine Permit Boundary. Each PAA will be developed, extracted and restored as one unit and will have its own set of monitor wells. It is common to have multiple PAAs in extraction at any one time with additional units in various states of exploration, pre-extraction and/or restoration.

After mining is complete in a PAA, aquifer restoration will begin as soon as practicable and will continue until the groundwater is restored to pre-mining conditions. Once restoration is complete, a stability period of no less than one year is scheduled with quarterly baseline and monitor well sampling. Wellfield reclamation will follow after aquifer restoration is complete and the stability period has passed.

Hobson Processing Facility

The Hobson Processing Facility is located in Karnes County, Texas, about 100 miles northwest of Corpus Christi. It was originally licensed and constructed in 1978, serving as the hub for several satellite mining projects until 1996, and completely refurbished in 2008. On December 18, 2009, we acquired the Hobson Processing Facility as part of the acquisition of South Texas Mining Venture, L.L.P.

With a physical capacity to process uranium-loaded resins up to a total of two million pounds of U3O8 annually and licensed to process up to one million pounds of U3O8 annually, our fully-licensed and 100%-owned Hobson Processing Facility forms the basis for our “hub-and-spoke” strategy in the State of Texas, specifically the South Texas Uranium Belt where we utilize ISR mining.

Palangana Mine

We hold various mining lease and surface use agreements generally having an initial five-year term with extension provisions, granting us the exclusive right to explore, develop and mine for uranium at the Palangana Mine, a 7,094-acre property located in Duval County, Texas, approximately 100 miles south of the Hobson Processing Facility. These agreements are subject to certain royalty and overriding royalty interests indexed to the sale price of uranium.




   Company Address: 500 North Shoreline, Ste. 800 Corpus Christi 78401 TX
   Company Phone Number: 888-8235   Stock Exchange / Ticker: NYSEAMER UEC


Customers Net Income grew by UEC's Customers Net Profit Margin grew to

4.25 %

12.54 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
WSTRF   -0.61%    
UUUU   -0.79%    
• View Complete Report
   



Stocks on the Move

Uranium Energy Corp (NYSE American UEC), a U.S.-based uranium mining and exploration company, held its annual general meeting of stockholders on July 16, 2024, and ann...

Published Thu, Aug 15 2024 9:04 AM UTC

Uranium Energy Corp (NYSE American: UEC) reports on annual general meeting, shares underperforming marketUranium Energy Corp (NYSE American: UEC), a U.S.-based uranium mining and exploration company, held its annual general meeting of stockholders on July 16, 2024, and announced the results. However, despite this news, the company s shares have performed worse over the past ...

Stocks on the Move

Uranium Energy Corp Outperforming Peers Amid Challenging Market Conditions

Published Wed, Jul 31 2024 9:09 AM UTC

Uranium Energy Corp: Analyzing Recent Performance Amidst Market TrendsIn recent weeks, Uranium Energy Corp (NYSE American: UEC) has experienced a surge in share price that stands in stark contrast to the general market s mixed performance. Notably, the company s shares managed to outperform those of many of its customers, even as the broader uranium market faced challenges,...

Stocks on the Move

Uranium Energy Corp Shares Trail Market Performance Amidst Investigation

Published Mon, Jul 1 2024 7:53 PM UTC

Throughout this month, Uranium Energy Corp shares have failed to keep pace with the overall market performance. This article aims to examine the specific events that have impacted the company s stock, including an investigation and contrasting analyst evaluations. Additionally, key financial ratios will be analyzed to provide a broader perspective on Uranium Energy s perform...

Stocks on the Move

Uranium Energy Corp Faces Troubles Amidst Market Performance Decline

Published Thu, Jun 27 2024 5:41 AM UTC

The month of June has been challenging for Uranium Energy Corp (UEC) as its shares have continuously underperformed in comparison to both its customers and the overall market. Various events and factors have contributed to this decline, raising concerns among investors and prompting an investigation into alleged wrongdoings. Additionally, though the company has made progress...

Uranium Energy Corp

Breaking Down Uranium Energy Corp's Financial Performance: Analyzing Third Quarter 2024 Results



This article provides an analysis and interpretation of Uranium Energy Corp's financial results for the fiscal period ending April 30, 2024. The company's earnings per share (EPS), revenue, and net shortfall are compared to the figures reported in the prior year. Additionally, we will contextualize the financial results by discussing the recent performance of Uranium Energy Corp's stock.
1. EPS Performance:
During the fiscal period ending April 30, 2024, Uranium Energy Corp experienced a decline in EPS. Comparing to the previous reporting season, the EPS fell from $0.01 per share to a shortfall of $-0.05 per share. This decline shows a significant decrease in profitability and raises concerns regarding the company's financial performance in the given period.







Uranium Energy's Segments
Sale of Inventory    100 % of total Revenue
Reporting Reconciling Item Corporate Nonsegment    100 % of total Revenue





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