Uranium Energy Corp (UEC) filed its quarterly report on Form 10-Q for the quarter ended April 30, 2025, on June 2, 2025. The company reported a net loss of $30.2 million, or $0.07 per share, for the fiscal third quarter. Notably, there were no sales activities during this quarter, attributed to market volatility.
As of April 30, 2025, UEC maintained a working capital position of $137.57 million, including $71.40 million in cash and cash equivalents and $72.90 million in purchased uranium inventories. This liquidity supports ongoing operations and strategic investments.
Operationally, UEC achieved a significant milestone with the startup of Header House 10-7 at Christensen Ranch, marking the first new production area as part of its phased restart. Construction of Header House 10-8 is nearing completion, and field development advanced with active drilling in wellfield 11. In South Texas, construction at the Burke Hollow Project progressed on schedule, with 101 additional holes completed and 65 wells cased in Production Area One.
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