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Uranium Energy Corp (NYSE:UEC) announced financial and production results for the fourth quarter and the fiscal year ended July 31, 2012.
Uranium Energy Corp (NYSE:UEC) announced financial and production results for the fourth quarter and the fiscal year ended July 31, 2012.
As quoted in the press release:
Fiscal-Year Sales of 270,000 Pounds U3O8 Generated Revenues of $13.8 Million. For the fiscal year, a total of 270,000 pounds of U3O8 were sold at an average sales price of $51 per pound for gross proceeds of$13.8 million, with an average cash cost(1) per pound sold of $18 excluding royalties. During Q4, the Company completed its third uranium sale of 150,000 pounds of U3O8 at $50 per pound for gross proceeds of $7.5 million, with cash cost(1) per pound sold of $21 excluding royalties.
Click here to read the Uranium Energy Corp (NYSE:UEC) press release.