Uranium Energy Corp. Reports Q1 Fiscal 2026 Production and Achieves $34.35 Total Cost Per Pound
Uranium Energy Corp. reported Q1 fiscal 2026 results with a total cost per pound of $34.35, producing 68,612 pounds of uranium. The company achieved major construction milestones at the Burke Hollow project and advanced operations at Christensen Ranch. With a strong balance sheet of $698 million in cash and no debt, Uranium Energy holds 1,356,000 pounds of U₃O₈ in inventory. The workforce includes 170 personnel across Wyoming and South Texas. Additionally, the company launched the United States Uranium Refining & Conversion Corp to enhance its production capabilities.
Reuters·