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URANIUM ENERGY CORP

NYSE:UEC
US$9.47Close 7 Oct 2026 · delayed

Past year: ▼ 37%(9.45 – 17.24 USD)

Market cap
A$6.64bn
Shares on issue
496m
Story beats
38 since 2015
Last event
9 Oct 2025

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

9 Oct 2025capital raising announcement▲ GoodMajor

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.

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6 Oct 2025material agreement▲ GoodMajor

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.

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20 Dec 2024material agreement termination● NeutralMajor

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.

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6 Dec 2024asset acquisition disposition▲ GoodMajor

UEC closed its purchase of Rio Tinto America's 50% stake in the Green Mountain Mining Venture in Wyoming, first agreed in September 2024.

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8 Nov 2024resource reserve update▲ GoodMajor

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.

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27 Sept 2024resource reserve update▲ GoodMajor

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.

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23 Sept 2024material agreement▲ GoodMajor

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.

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12 Sept 2024drilling result▲ Good

Follow-up drilling extended the newly discovered Roughrider North zone, with another high-grade intercept 15 metres from the initial discovery hole.

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20 Aug 2024drilling result▲ GoodMajor

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.

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13 June 2024resource reserve update▲ GoodMajor

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.

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31 Jan 2024drilling result▲ Good

New drilling at Roughrider found high-grade uranium in a vein near the existing East Zone deposit, and a metallurgical sampling program was completed to support future economic studies.

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29 Sept 2023resource reserve update▲ GoodMajor

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.

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18 July 2023drilling progress report▲ Good

UEC advanced delineation drilling at Burke Hollow, establishing a second production area in Texas, and completed additional development drilling at its past-producing Palangana project.

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12 July 2023production update▲ GoodMajor

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.

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11 May 2023material agreement● Neutral

UEC confirmed that outstanding UEX Corporation warrants continue on their original terms after the merger, now exercisable into UEC shares at the 0.090 exchange ratio - a routine administrative wrap-up of the completed deal.

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2 May 2023resource reserve update▲ GoodMajor

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.

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16 Mar 2023resource reserve update▲ Good

UEC filed an S-K 1300 resource update for its Workman Creek project in Arizona; combined with the nearby Anderson project, UEC now controls over 32 million pounds of measured-and-indicated uranium resources in the state.

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6 Mar 2023drilling result▲ Good

Follow-up drilling at Christie Lake's newly discovered Sakura zone hit another high-grade intercept (7.90% eU3O8 over 14.3 metres), extending the zone's footprint.

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24 Jan 2023resource reserve update▲ GoodMajor

UEC disclosed its second Saskatchewan resource since the UEX merger: the wholly owned Horseshoe-Raven project, with 37.4 million pounds of indicated uranium.

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23 Jan 2023drilling result▲ GoodMajor

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.

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13 Jan 2023resource reserve update▲ GoodMajor

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).

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2 Nov 2022asset acquisition disposition● Neutral

UEC filed KPMG's auditor consent for UEX Corporation's 2021 financial statements, a routine paperwork step tied to the completed UEX merger.

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20 Oct 2022asset acquisition disposition▲ GoodMajor

UEC closed its $150 million purchase of the Roughrider uranium project from Rio Tinto, paying $80 million cash and issuing 17.8 million shares.

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13 Oct 2022material agreement▲ GoodMajor

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.

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16 Sept 2022resource reserve update● Neutral

UEC filed additional S-K 1300 resource updates for four smaller deposits (Charlie, Clarkson Hill, Nine Mile, Red Rim) within its Wyoming ISR Hub and Spoke platform.

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24 Aug 2022asset acquisition disposition▲ GoodMajor

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.

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17 Aug 2022business combination● Neutral

UEC filed a technical amendment to its UEX Corporation merger agreement excluding UEX shares already held by UEC itself from the share exchange.

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15 Aug 2022material agreement● Neutral

UEC and UEX Corporation amended their merger terms again, raising the exchange ratio slightly to 0.090 UEC shares per UEX share and the termination fee to $9.0 million.

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12 Aug 2022resource reserve update● Neutral

UEC re-filed its Texas Hub and Spoke ISR project resource under the new S-K 1300 standard.

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11 Aug 2022business combination● Neutral

UEC filed the formal 8-K for the August 5 amendment to its UEX Corporation merger agreement, confirming the improved 0.0890 exchange ratio and higher termination fee.

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