Uranium Energy (NYSE:UEC) Corp (NYSE American: UEC) Friday announced a change in its executive team with the appointment of Josephine Man as the new Treasurer and Chief Financial Officer, effective October 1, 2024.
She will be succeeding Pat Obara, who has decided to step down from his role after the filing of the company's Annual Report.
Pat Obara, who has been with the company since 2006, will continue to serve as Senior Vice-President, Administration. Amir Adnani, CEO and President of Uranium Energy, expressed his gratitude for Obara's dedication and impact on the company's growth and welcomed Man's financial expertise to the team.
Josephine Man brings extensive experience to her new role, having served as CFO of Uranium Royalty Corp and Gold Royalty Corp, where she was instrumental in their initial public offering and major acquisitions. Her background includes over 28 years in finance and a partnership at Ernst & Young LLP.
Uranium Energy Corp is a supplier of uranium and is advancing uranium projects in the United States and Canada. The company has production-ready operations in South Texas and Wyoming, with several projects ready to restart production.
InvestingPro Insights
As Uranium Energy Corp (NYSE American: UEC) gears up for commercial production with a refreshed executive team, investors are closely monitoring the company's financial health and market performance. According to real-time data from InvestingPro, Uranium Energy's market capitalization stands at a robust $209.65 million. Despite the challenges faced by the industry, the company has demonstrated a notable revenue growth of 25.55% over the last twelve months as of Q1 2024.
InvestingPro Tips highlight that Gold Royalty Corp (NYSE American: GROY), where Josephine Man previously served as CFO, is currently trading near its 52-week low and has experienced a significant price drop over the last three months. Analysts do not anticipate the company to be profitable this year, and it has been quickly burning through cash. These insights, while pertaining to Gold Royalty Corp, may be of interest to Uranium Energy Corp's stakeholders, considering the financial expertise Man is expected to bring to her new role.
Investors looking to delve deeper into the financial metrics and outlook for Gold Royalty Corp can find additional InvestingPro Tips, which provide valuable context to the company's current position and future prospects. There are currently 5 additional tips listed on InvestingPro, accessible through the dedicated link: https://www.investing.com/pro/GROY.
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