Northwire Canada EditionMonday, September 14, 2026
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GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8% GOLD 4351.90 −1.3% SILVER 63.76 −2.2% COPPER 6.40 −2.3% OIL 101.39 +1.3% PALLADIUM 1296.50 −2.1% QGR 0.200 +0.0% MSC 0.015 −25.0% GENM 0.705 −0.7% URC 3.89 +0.0% SHL 0.400 +4.6% AZS 0.750 −8.5% FL 0.415 +0.0% HMMC 8.29 −1.1% NAR 0.260 −5.5% GCN 0.030 −14.3% RIO 3.54 −1.4% EVI 0.430 +2.4% CTV 0.110 −4.3% ECOR 3.10 −4.0% TLG 2.20 +0.0% UCU 2.59 +2.8%
Earnings

Uranium Royalty Reports Results for the First Quarter of Fiscal Year 2027

By The Northwire Desk — AI Analysis Sep 14, 2026 · 16:45 URC · 3.89 Uranium Royalty Corp.
URC · Price

Uranium Royalty Corp. reported first-quarter fiscal 2027 results, posting a 1,530% increase in net income to $16.3 million and a 900% increase in diluted EPS to $0.10. This performance was driven by strong uranium sales and the completion of the Sweetwater acquisition. The company sold 593,255 lbs of U3O8 at an average realized price of ~$86.00/lb, generating $51.0 million in revenue, which helped finance the landmark Sweetwater transaction completed in July 2026.

The Sweetwater acquisition has transformed Uranium Royalty Corp. into the largest American publicly traded non-precious metal royalty platform, expanding its land position to over 5.3 million acres, which is the largest in Wyoming and the second largest in the U.S. The deal also diversified its portfolio into soda ash and oil/gas potential.

Financial performance for the quarter included net income of $16.3 million, up from $1.0 million in Q1 FY2026, and diluted EPS of $0.10, up from $0.01 in the prior year period. Revenue of $51.0 million came from the sale of 593,255 lbs of U3O8. The average realized price was ~$86.00/lb, compared to the UxC Historical Average of $85.45/lb. Cost of sales totaled $34.1 million, or approximately $57.40/lb.

Operational highlights indicated that Cameco maintained 2026 production guidance for Cigar Lake (17.5-18.0 million lbs) and McArthur River/Key Lake (14.0-16.5 million lbs). Paladin Energy exceeded FY2026 guidance for Langer Heinrich, reporting 4.82 million lbs against guidance of 4.5-4.8 million lbs. Wyoming-based soda ash assets remain stable with operators positioned at the lower end of the global cost curve. Additionally, approximately 38,000 acres were leased for active oil and gas exploration near established production.

Scott Melbye, CEO, stated, "The successful completion of the Sweetwater transaction marked a defining milestone for the Company, transforming us into the largest American publicly traded non-precious metal royalty and streaming platform with a strong long-term cash flow profile and one of the largest strategic land positions in the United States." He added, "By monetizing physical uranium at a realized price above the market average, we funded the Sweetwater acquisition while delivering record net income of $16.3 million... reinforcing the stability and visibility of our core portfolio."

Read the original news release →

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