Uranium Energy Corp. (NYSE American: UEC) announced that it has filed its Quarterly Report on Form 10-Q for the quarter ended Jan. 31, 2026, highlighting progress across its U.S. in-situ recovery (“ISR”) uranium operations and balance sheet strength. During the quarter, the company completed construction of the Burke Hollow ISR uranium mine, expanded production capacity in Wyoming and South Texas pending final regulatory approvals, and advanced feasibility, siting, and licensing work for United States Uranium Refining & Conversion Corp. UEC also reported selling uranium at prices more than 25% above the quarterly average while maintaining $818 million in liquid assets and no debt at quarter end, positioning the company to scale production and support development of a vertically integrated U.S. nuclear fuel supply chain.
The company’s ability to sell uranium at a premium underscores strong market demand and UEC’s strategic positioning. With no debt and substantial liquidity, UEC is well-capitalized to fund ongoing operations and expansion. The completion of the Burke Hollow mine in South Texas adds to UEC’s existing hub-and-spoke production platforms, which include three licensed central processing plants in South Texas and Wyoming with a combined licensed production capacity of 12.1 million pounds U3O8 per year. In August 2024, ISR operations began at the Christensen Ranch project in Wyoming, sending uranium-loaded resin to the Irigaray central processing plant.
UEC’s diversified uranium holdings include a conventional pipeline of high-grade Canadian projects anchored by the world-class Roughrider project, one of the largest physical uranium portfolios of U.S. warehoused U3O8, and a major equity stake in Uranium Royalty Corp., the only royalty company in the sector. The company’s operations are managed by professionals with decades of hands-on nuclear fuel industry experience covering uranium exploration, development, mining, and production.
The quarterly filing provides investors with detailed financial and operational updates. UEC’s progress on the United States Uranium Refining & Conversion Corp. project is particularly significant as it aims to establish domestic conversion capabilities, reducing reliance on foreign suppliers for nuclear fuel. This aligns with broader U.S. policy goals to strengthen energy security and support the nuclear power industry.
For more details, the full press release is available at https://ibn.fm/fnuW1. Additional news and updates relating to UEC can be found in the company’s newsroom at https://ibn.fm/UEC.
