Uranium Energy Corp Files Annual Report, Strengthens Balance Sheet, Expands Physical Portfolio and Launches ESG Program

NYSE American Symbol – UEC

Balance Sheet, Physical Portfolio, ESG and Project Development Highlights as of October 26, 2021: $235.4 million of cash and liquid assets comprised of $96.4 million in cash, $82.3 million in equity holdings and $56.7 million in physical inventories, positioning UEC with a leading balance sheet in the uranium sector.

Expanded physical portfolio of U.S. warehoused uranium ("Physical Portfolio") to 4.1 million pounds, resulting in an average cost of $32 per pound with various delivery dates through December 2025.

Current delivered inventories stand at 1.2 million pounds in the Physical Portfolio with a market value of $56.7 million based on a current spot price of $47.25 per pound (UxC Price October 26, 2021 – ConverDyn U.S. delivery). Launched formal development of an Environmental, Social and Governance ("ESG") program to build on the Company’s robust safety, health, and environmental protection systems in place while identifying […]

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