Uranium Energy rises on higher Q2 revenue, Canada project update

Uranium Energy

12/03/2025 14:59

** Miner Uranium Energy's UEC.A shares rise 2.5% to $5.19 in morning trade

** Company reports Q2 2025 revenue of $49 mln, higher than $116,000 in same quarter a year ago

** Company says its Roughrider Project, an exploration-stage conventional uranium project in northern Saskatchewan, Canada, would have some of the lowest production costs globally as per an initial economic assessment

** However, company reported quarterly net loss of 2 cents per share, compared with net income of 1 cent in Q2 2024

** Separately, brokerage Stifel starts covering UEC at "buy" with a PT of $10.5

** 6 analysts rate the stock "buy", median PT at $10.25 - data compiled by LSEG

** Including session's gains, stock down 22.5% YTD

 (Reporting by Seher Dareen in Bengaluru)

 ((Seher.Dareen@thomsonreuters.com;))