Uranium Energy Corp. (NYSE American: UEC) has filed its Quarterly Report on Form 10-Q for the quarter ended Jan. 31, 2026, highlighting significant progress across its U.S. in-situ recovery (ISR) uranium operations and a strong balance sheet. The company 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 it to scale production and support development of a vertically integrated U.S. nuclear fuel supply chain.
During the quarter, UEC 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. These developments underscore the company's role as America's largest and fastest growing supplier of uranium needed for safe, clean, reliable nuclear energy.
The company's three hub-and-spoke platforms in South Texas and Wyoming have a combined licensed production capacity of 12.1 million pounds U3O8 per year. These platforms are anchored by licensed Central Processing Plants (CPPs) and served by multiple U.S. ISR uranium projects. In August 2024, ISR operations began at the Christensen Ranch project in Wyoming, sending uranium-loaded resin to the Irigaray CPP.
UEC also holds diversified uranium assets, including 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 across uranium exploration, development, mining, and production.
The strong quarterly results and operational advancements highlight UEC's strategic positioning to benefit from growing demand for nuclear energy and the push for a domestic uranium supply chain. For more information, the full press release is available at https://ibn.fm/fnuW1 and updates can be found in the company's newsroom at https://ibn.fm/UEC.
