URANIUM ENERGY CORP
38 story beats from 2015 to 2025
The story so far
The events that changed the company's story, in plain English, each written against everything known about the company at the time. The dot shows whether it was good, bad or neutral for shareholders.
shares on issue market cap (log scale)
2025465m shares · US$6.20bn market cap
- 9 Oct
Underwriters exercised their option on UEC's October 2025 Goldman Sachs-led offering, adding 2.325 million shares for another $30.6 million; UEC said proceeds will help fund a new wholly-owned subsidiary, United States Uranium Refining & Conversion Corp, to build a domestic uranium refining and conversion facility - a real strategic expansion beyond mining, not previously captured in this company's narrative record.
capital raising announcement
465m shUS$6.20bn - 6 Oct
UEC raised about $204 million in an underwritten stock offering with Goldman Sachs at $13.15 per share - more than four times the per-share price of its 2021 raises, reflecting the uranium market's continued strength and UEC's growth into a larger, producing company.
material agreement
465m shUS$6.20bn
2024423m shares · US$3.52bn market cap
- 20 Dec
UEC terminated its 2022 at-the-market stock program and replaced it with a much larger one - up to $300 million, roughly eight times its 2019 program - with Goldman Sachs now leading a larger syndicate of banks, reflecting the company's growth into a producing uranium miner.
material agreement termination
423m shUS$3.52bn - 6 Dec
UEC closed its purchase of Rio Tinto America's 50% stake in the Green Mountain Mining Venture in Wyoming, first agreed in September 2024.
asset acquisition disposition
423m shUS$3.52bn - 8 Nov
An initial economic assessment valued UEC's Roughrider project at $946 million post-tax net present value, with UEC's CEO framing the result as validating the 2022 decision to buy the project from Rio Tinto for $150 million.
resource reserve update
419m shUS$3.11bn - 27 Sept
UEC's fiscal 2024 annual report confirmed it had successfully restarted uranium production at Christensen Ranch and the Irigaray processing plant in Wyoming - completing the restart effort flagged in July 2023 - while advancing Texas production plans and the new Roughrider North discovery; attributable resources grew to 230.0 million pounds measured-and-indicated.
resource reserve update
411m shUS$2.15bn - 23 Sept
UEC agreed to buy Rio Tinto America's 50% interest in the Green Mountain Mining Venture in Wyoming - held through subsidiaries Kennecott Uranium and Wyoming Coal Resources - gaining uranium processing facilities and additional properties in Sweetwater County.
material agreement
410m shUS$2.15bn - 20 Aug
Exploration drilling 850 metres northeast of the main Roughrider deposit - using new geophysical survey technology for the first time on the project - discovered high-grade uranium mineralization in a new area UEC is calling Roughrider North.
drilling result
410m shUS$2.43bn - 13 June
An updated S-K 1300 resource report nearly tripled Burke Hollow's measured-and-indicated uranium resource, from 2.3 million to 6.2 million pounds, lifting UEC's combined Texas Hub and Spoke resources to about 13 million pounds measured-and-indicated.
resource reserve update
409m shUS$2.92bn
2023386m shares · US$1.99bn market cap
- 29 Sept
UEC's fiscal 2023 annual report showed its first full year of meaningful revenue - $163.95 million from selling 3.15 million pounds of stockpiled uranium at an average $52.05 per pound - alongside $340 million spent completing the UEX and Roughrider acquisitions and attributable resources reaching 226.2 million pounds measured-and-indicated.
resource reserve update
386m shUS$1.99bn - 12 July
UEC said it had accelerated preparations to restart uranium production at Christensen Ranch in Wyoming - part of the Uranium One Americas assets it acquired in 2021 - citing rising uranium prices and proposed U.S. restrictions on Russian uranium imports.
production update
378m shUS$1.28bn - 2 May
UEC filed its first full resource update for the Roughrider project since acquiring it from Rio Tinto: 27.8 million pounds indicated at 3.25% U3O8 and 36.0 million pounds inferred at 4.55% U3O8, based on 665 historic drill holes.
resource reserve update
377m shUS$983m - 24 Jan
UEC disclosed its second Saskatchewan resource since the UEX merger: the wholly owned Horseshoe-Raven project, with 37.4 million pounds of indicated uranium.
resource reserve update
370m shUS$1.43bn - 23 Jan
Drilling at UEC's Christie Lake project in Saskatchewan discovered a new high-grade zone, with one hole grading 5.42% eU3O8 over 15.6 metres - notable given the project sits along the same geological trend as McArthur River, the world's largest high-grade uranium mine.
drilling result
370m shUS$1.43bn - 13 Jan
UEC disclosed its first Saskatchewan resource since acquiring UEX Corporation: the Shea Creek project, a joint venture in which UEC holds a 49.1% interest alongside operator Orano Canada, holds a combined 95.6 million pounds of high-grade uranium (indicated grades over 1.49% U3O8).
resource reserve update
370m shUS$1.43bn
2022346m shares · US$1.21bn market cap
- 20 Oct
UEC closed its $150 million purchase of the Roughrider uranium project from Rio Tinto, paying $80 million cash and issuing 17.8 million shares.
asset acquisition disposition
346m shUS$1.21bn - 13 Oct
UEC agreed to buy the Roughrider uranium project in Saskatchewan's Athabasca Basin from Rio Tinto for $150 million, split between $80 million cash and $70 million of UEC stock.
material agreement
346m shUS$1.21bn - 24 Aug
UEC completed its acquisition of UEX Corporation after shareholder and court approval, exchanging each UEX share for 0.090 UEC shares and adding UEX's Saskatchewan uranium projects to its portfolio.
asset acquisition disposition
290m shUS$1.22bn - 22 June
Ahead of its formal all-share merger agreement with UEX Corporation (announced days earlier), UEC bought an 11.63 million-share stake in UEX via a C$5 million private placement at C$0.43/share - building a toehold position in its own acquisition target.
capital raising announcement
286m shUS$1.09bn - 13 June
UEC agreed to acquire all shares of Canada's UEX Corporation in a stock-for-stock deal, a move it said would give it the largest Americas-focused uranium portfolio by combining its U.S. production assets with UEX's Canadian development projects; UEC shareholders would end up owning about 86% of the combined company.
business combination
284m shUS$1.09bn - 5 Apr
UEC combined its Reno Creek project with the Uranium One Americas assets it acquired in 2021 into a single Wyoming ISR "Hub and Spoke" platform, disclosing under the new S-K 1300 standard the largest such uranium resource reported in the U.S. to date - nearly 62 million pounds measured and indicated across seven satellite projects, four fully permitted.
resource reserve update
283m shUS$1.30bn
2021267m shares · US$1.05bn market cap
- 21 Dec
UEC closed its purchase of Uranium One Americas from Rosatom-owned Uranium One Investments for a final $128.5 million, doubling its permitted U.S. in-situ recovery projects, resources and processing infrastructure.
asset acquisition disposition
267m shUS$1.05bn - 9 Nov
UEC agreed to buy Uranium One Americas from Uranium One Investments, a subsidiary of Russia's state-owned Rosatom, for about $125 million, positioning UEC as the largest uranium mining company in the U.S. through Uranium One Americas' Wyoming assets.
material agreement
259m shUS$963m - 9 Apr
UEC closed the $12 million registered direct offering announced three days earlier.
capital raising announcement
214m shUS$613m - 6 Apr
UEC secured a further 705,000 pounds of US-warehoused uranium (delivery through Dec 2022) and announced a $12 million offering (3.64 million shares at $3.30), continuing its physical-inventory-building strategy.
capital raising announcement
214m shUS$613m - 22 Mar
UEC closed the $30.5 million registered direct offering announced five days earlier.
capital raising announcement
214m shUS$455m - 17 Mar
UEC secured another 800,000 pounds of US-warehoused uranium and announced a $30.5 million offering (10 million shares at $3.05) - part of a deliberate strategy of holding physical uranium inventory alongside its mining operations.
capital raising announcement
214m shUS$455m
2020185m shares · US$212m market cap
- 24 Sept
UEC closed the upsized offering, raising $15 million.
capital raising announcement
185m shUS$212m - 21 Sept
UEC's underwriters agreed to buy an upsized 12.5 million units at $1.20 - larger than originally planned due to strong demand.
capital raising announcement
185m shUS$212m
2018178m shares · US$234m market cap
- 7 Dec
UEC extended the maturity of its long-standing $20 million Sprott Resource Lending credit facility to January 2022 with no principal due until then, and completed the royalty sales to Uranium Royalty Corp agreed in August 2018, picking up an ownership stake in Uranium Royalty Corp as part of the deal.
asset acquisition disposition
178m shUS$234m
2017156m shares · US$165m market cap
- 27 Nov
A 132-hole drill campaign produced UEC's first full resource estimate for Burke Hollow: 7.09 million pounds of inferred uranium at 0.088% grade, establishing the South Texas project as a real resource base rather than just an exploration target.
drilling result
156m shUS$165m - 12 Sept
An independent resource estimate for UEC's newly acquired Alto Parana project in Paraguay found 4.94 billion tonnes grading 7.41% titanium oxide, ranking it among the highest-grade and largest known titanium deposits in the world.
resource reserve update
140m shUS$185m - 11 Aug
UEC closed its purchase of the fully permitted Reno Creek in-situ recovery uranium project in Wyoming, first agreed in May 2017, giving it a construction-ready U.S. asset with an existing NRC production license.
asset acquisition disposition
140m shUS$224m - 10 July
UEC exercised its option with CIC Resources to buy full ownership of the Alto Parana Titanium project in Paraguay, taking 100% control of the property.
asset acquisition disposition
139m shUS$221m - 12 May
UEC agreed to buy the fully permitted Reno Creek in-situ recovery uranium project in Wyoming's Powder River Basin from Pacific Road Capital and Bayswater Uranium, pending U.S. nuclear regulator approval of the ownership change.
material agreement
138m shUS$171m
2016103m shares · US$88.8m market cap
- 10 Mar
UEC bought JDL Resources from CIC Resources for 1.33 million shares plus $50,000 cash, and secured a one-year option to acquire CIC's Paraguayan titanium concessions (160,930 hectares, reducible to 70,498) for $250,000 cash plus a 1.5% royalty - the real origin of what the existing record only knew as "closed 2017."
capital raising announcement
103m shUS$88.8m - 16 Feb
UEC and its Sprott-led lenders amended its $20 million secured credit facility, pushing the maturity date out from July 2017 to January 2020 and deferring principal payments to 2019, in exchange for a lower warrant exercise price and 959,163 shares issued to the lenders as an extension fee.
capital raising announcement
100m shUS$96.2m
201599.2m shares · US$107m market cap
- 9 Dec
A completed drill campaign at UEC's Burke Hollow project in South Texas extended a key mineralized trend from 1.7 to 3.7 miles, with leach recovery testing above 90% - an early sign the deposit could support in-situ recovery mining.
drilling progress report
99.2m shUS$107m