Uranium Resources Inc. (URRE) Mining for Future Growth
Incorporated in 1977, Uranium Resources Inc. explores for, develops, and mines uranium. Since incorporation, they have produced over seven million pounds of uranium. Located in Lewisville, Texas, they currently produce uranium at a rate of 400,000 pounds annually. Uranium Resources Inc. is part of the Industrial Metals and Minerals industry. They trade on NASDAQ and have a market capitalization of $250.02M. Their current mining methods involve in-situ recovery (ISR). In-situ mining is a noninvasive, environmentally friendly mining process involving minimal surface disturbance. The company's focus is to capitalize on the strong global market for uranium. They are doing this by…