Stock Track | Uranium Energy Plunges 5.15% Pre-Market After Widening Q3 Loss Misses Estimates
Stock Track
Jun 09
Uranium Energy Corp's stock fell 5.15% in pre-market trading on Tuesday, following the release of its fiscal third-quarter results.
The uranium miner reported a net loss of $52.34 million, or $0.11 per share, for the quarter ended April 30, 2026, widening from a loss of $30.21 million, or $0.07 per share, a year earlier. Analysts had expected a loss of $0.03 per share.
The company's operating loss also expanded to $40.79 million from $23.46 million in the year-ago quarter, with no revenue recorded in either period as it maintained its uranium inventory. The wider-than-anticipated loss likely drove negative investor sentiment ahead of the market open.
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