Melbye Scott, an insider at Uranium Energy Corp (UEC), purchased 1,166,536 shares of the company at a price of $0.94 per share on November 19, 2025. The total value of this transaction amounts to approximately $1.10 million.
Following this acquisition, Scott now holds the entire number of shares purchased, reflecting a significant personal investment in the company.
Uranium Energy Corp, headquartered in Corpus Christi, Texas, is engaged in uranium and titanium mining and related activities, including exploration, extraction, and processing. The company, which employs 171 full-time staff, has a market capitalization of $6.0 billion and reported a trailing twelve-month EPS of -0.20. UEC is advancing its In-Situ Recovery (ISR) mining projects in the U.S. and high-grade conventional projects in Canada.
Upcoming earnings reports are anticipated, with estimates indicating a revenue of $15.6 million and an EPS of -0.02 for the quarter ending June 1, 2026. The buy transaction by Scott underscores a level of confidence that insiders may have in their company's future performance, although such activity should be viewed within a broader context of market factors and insider trends.
Investors are encouraged to consider patterns of insider buying across multiple executives and timeframes, rather than relying solely on isolated transactions for decision-making.