Uranium Energy Financial And Production Results For 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.