The drop in net earnings was due to higher interest expense of $675,000 and an increase of $47,000 in mineral property expenses, the company said.
During the quarter, operating and mineral property expenses increased by 5% to $1m from $0.9m last year; however, it is lower by 7% from second quarter this year.
Uranium Resources president and CEO Christopher Jones said: "During the third quarter, we achieved one of our 2014 goals to reduce our cash spend below $1m per month and we expect to continue at this pace in 2015.
"We project our total cash budget for 2015 to be less than $10m or approximately 20% lower than our total spend in 2014."
As of 30 September, the company had cash and equivalents of $7.9m, compared to $2m a year ago at the same time.
For the remaining 2014, Uranium Resources expects to generate a Canada National Instrument 43-101 compliant technical report for the Roca Honda project in New Mexico, maintain costs under $1m per month, and add quality mineral resources within an economic haulage distance for processing at its facilities in South Texas.
