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    Uranium Energy Corp. Financial and Production Results

    Investing News Network
    Jun. 11, 2012 09:41AM PST
    Company News

    Uranium Energy Corp. (NYSE:UEC) announced financial and production results for the third quarter ended April 30, 2012.

    Uranium Energy Corp. (NYSE:UEC) announced financial and production results for the third quarter ended April 30, 2012.

    As quoted in the press release:

    Cumulative Production and Sales to Date: Cumulative production to date totals 273,000 pounds of U3O8produced from Palangana at an average cash cost(1) of $18 per pound.  Of the 273,000 pounds produced, the Company has sold 120,000 pounds at an average price of $52 per pound generating revenues of $6.2 million, and has 153,000 pounds available for sale in inventory with a market value of approximately $7.9 million.

    Click here to read the Uranium Energy Corp. (NYSE:UEC) press release.

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