Uranium Energy rises on higher Q2 revenue, Canada project update

Miner Uranium Energy's UEC.A shares rise 2.5% to $5.19 in morning trade

Company reports Q2 2025 revenue of $49 mln, higher than $116,000 in same quarter a year ago

Company says its Roughrider Project, an exploration-stage conventional uranium project in northern Saskatchewan, Canada, would have some of the lowest production costs globally as per an initial economic assessment

However, company reported quarterly net loss of 2 cents per share, compared with net income of 1 cent in Q2 2024

Separately, brokerage Stifel starts covering UEC at "buy" with a PT of $10.5

6 analysts rate the stock "buy", median PT at $10.25 - data compiled by LSEG

Including session's gains, stock down 22.5% YTD