SHARPE
Reported results
- Sold 593,255 lbs of U3O8 generating revenue of $51.0 million at an average realized price of approximately $86.00/lb, with cost of sales of $34.1 million, or approximately $57.40/lb.
- Net income increased 1530% to $16.3 million for the three months ended July 31, 2026, compared to $1.0 million for the three months ended July 31, 2025.
- Diluted earnings per share increased 900% to $0.10 for the three months ended July 31, 2026, compared to $0.01 for the same period in 2025.
- Completed Sweetwater transaction, which the Company funded in part through uranium sales proceeds and which materially enhanced the Company’s scale and long-term cash flow profile.
- Total land position (surface and minerals) exceeds 5.3 million acres, making the Company the largest landowner in Wyoming and the second largest publicly traded landowner in the United States.
- Approximately 38,000 acres from Sweetwater holdings were leased with active oil and gas exploration work underway.
Notes
The release references unaudited condensed consolidated financial statements and management’s discussion and analysis for the three months ended July 31, 2026 filed in the Company’s Quarterly Report on Form 10-Q. No forward-looking financial guidance provided in the release.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-09-15 (8-K, Item 2.02). Read the original filing on sec.gov.