Western Uranium & Vanadium Corp.

Western Uranium & Vanadium Corp. reported a net loss of $1.6 million for the three months ended March 31, 2026, an improvement from the $2.64 million loss in the prior year. The company's ability to continue operations is contingent on obtaining additional financing, leading to a going concern warning. Revenues decreased to $27,351, while cash and cash equivalents also declined. The company continues to advance permitting for its San Rafael Uranium Project and granted 1.35 million stock options.

Western Uranium & Vanadium Corp. has filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. As of June 30, 2025, the aggregate market value of the company's common shares held by non-affiliates was approximately $31.5 million. The company maintains its classification as a non-accelerated filer, a smaller reporting company, and an emerging growth company.