Jun. 26 at 6:10 PM
$UEC An 18.4% ownership stake translates to an indirect attribution of 428,720 pounds of physical uranium from Uranium Royalty Corpâs inventory.When added to the material held directly on their own balance sheet, the total math works out as follows:1. The Pro-Rata Inventory CalculationURCâs Standalone Inventory: Uranium Royalty Corp holds 2.33 million pounds of physical \(U_{3}O_{8}\).UECâs Ownership Share: Multiplying 2,330,000 pounds by UECâs 18.4% ownership stake yields 428,720 pounds.Current Market Value: At today's current spot price of ~
$85.50/lb, this fractional slice of URC's physical pile is worth roughly US
$36.6 million.2. UECâs Cumulative Physical FootprintTo find the true, full volume of physical uranium backing Uranium Energy Corp's stock, you combine both corporate asset pools:Directly Owned by UEC: 1,456,000 poundsIndirectly Owned (via 18.4% of URC): 428,720 poundsTotal Combined Footprint: