Uranium Energy (UEC) Jumps 9.5% as Investors Place Bets on Rosy Uranium Prospects

We recently published 10 Firms Stealing the Spotlight; 4 Are Climbing to Record Highs. Uranium Energy Corp. (NYSEAmerican:UEC) is one of the best performers on Thursday.

Uranium Energy jumped by 9.52 percent on Thursday to finish at $14.15 apiece as investors poured funds back in on strong confidence for the overall uranium industry, despite a mixed earnings performance in the first quarter of fiscal year 2026.

Based on its financial statement, Uranium Energy Corp. (NYSEAmerican:UEC) said that it narrowed its net loss by 48.7 percent to $10.34 million from $20.16 million in the same period last year. However, it failed to rake in any revenues during the period, as compared with $17.09 million in revenues in the same period last year. Operating loss also more than doubled to $29.8 million from $13.2 million.

Despite the results, Uranium Energy Corp. (NYSEAmerican:UEC) remained upbeat about its outlook for the full fiscal year of 2026.

“This quarter represented a step change for UEC. With the launch of United States Uranium Refining & Conversion Corp., we added a new business line that positions the Company to become the only US supplier with both uranium and UF production capabilities. In parallel, we maintained and expanded low-cost ISR (In-Situ Recovery) production and continued to advance our growth projects in Wyoming and South Texas, supporting projected higher output for the balance of fiscal 2026,” said President and CEO Amir Adnani.

“Taken together, these developments strengthen our platform as the leading American nuclear fuel supply chain provider aligned with US policy,” he added.

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