Ur-Energy Earnings Reports

Ur-Energy Inc. experienced a net loss of $10.898 million in Q1 2025, compared to a net loss of $18.541 million in Q1 2024. The company reported no sales for the quarter, with gross loss equaling cost of sales at $2.598 million. Operating costs decreased to $13.237 million from $15.145 million in the prior year, mainly due to lower development costs. A significant mark-to-market gain of $4.310 million on inventory derivative obligations helped reduce the net loss.

Ur-Energy Inc. reported increased production at Lost Creek, with 100,000 pounds U3O8 sold at an average price of $61.65 per pound, resulting in $6.2 million in proceeds. The company anticipates revenues of $33.1 million from 2024 U3O8 sales and expects to increase company wide production capacity to 2.2M pounds per year in early 2026. As of September 30, 2024, the company had cash resources of $129.4 million.

Ur-Energy Inc. announced its Q2 2024 results, highlighting increased production at the Lost Creek Mine and advancements in the Shirley Basin Project. The company sold 75,000 pounds U3O8 at an average price of $61.65 per pound, generating $4.6 million in proceeds. With strong cash resources and a growing skilled workforce, Ur-Energy is positioned to capitalize on future opportunities and expand production capacity.

Ur-Energy reported its Q1 2024 results, highlighting the continued ramp-up of operations at Lost Creek, the addition of new sales agreements, and progress in the development of the Shirley Basin project. The company had cash resources of $53.9 million at the end of the quarter and anticipates selling 570,000 pounds of U3O8 in 2024.

Ur-Energy Inc. reported $17.3 million in revenues for 2023, with significant progress in ramp-up activities at Lost Creek. The company completed its 75th shipment of U3O8 and finalized two additional sales agreements extending through 2030. Production in Q4 reflected progress in wellfield operations, with 68,448 pounds of U3O8 captured.

Ur-Energy reported a strong third quarter in 2023, marked by improved uranium market conditions and advancements in production and sales agreements. The company's cash reserves increased, and it made progress in optimizing production processes at Lost Creek. They anticipate selling a total of 280,000 pounds U3O8 in 2023 for $17.3 million.

Ur-Energy Inc. reported that the Lost Creek Project moved back into commercial production during Q2 2023. The company had cash and cash equivalents of $68.0 million as of June 30, 2023. They expect to sell 280,000 pounds U3O8 in 2023 for $17.3 million.

Ur-Energy reported a successful first quarter of 2023, marked by advancements at the Lost Creek project and the first uranium sale in nearly three years. The company's cash position increased significantly due to share issuances and operating activities.

Ur-Energy reported a net loss of $17.1 million for the year 2022, with no U3O8 sales during the year. The company focused on development activities at Lost Creek and secured multi-year sales agreements. They are ramping up production at Lost Creek, expecting to sell 280,000 pounds of uranium in 2023.

Ur-Energy Inc. reported its Q3 2022 results, focusing on continued progress in construction and drilling at the Lost Creek Mine, awaiting the outcome of the DOE NNSA Uranium Reserve contract awards, and a new multi-year sales agreement with a leading U.S. nuclear utility. The company also announced the promotion of Steve Hatten to Chief Operating Officer.

Ur-Energy reported a strong cash position of $43.3 million as of June 30, 2022, and is advancing its Lost Creek operations with the build-out of header house 2-4. The company also submitted a bid to the Department of Energy's solicitation to purchase domestically produced uranium for a new U.S. Uranium Reserve.

Ur-Energy reported having $46.3 million in cash and cash equivalents as of March 31, 2022. The company is advancing its drilling and construction program at Lost Creek to ramp up production, and is also focusing on R&D projects to lower production costs and reduce environmental impact.

Ur-Energy Inc. reported a net loss of $22.9 million for the year 2021. The company focused on maintaining reduced level production operations and optimizing processes at Lost Creek, while awaiting improved uranium market conditions. As of March 3, 2022, Ur-Energy had $44.7 million in cash and a U.S. produced inventory worth approximately $14.4 million.

Ur-Energy announced the commencement of a development program at Lost Creek to advance from reduced operations to full production-ready status. As of October 27, 2021, the company had over $40 million in cash and 285,000 pounds of U.S. produced U3O8 in inventory, worth approximately $13.4 million.

Ur-Energy reported having over $20 million in cash and 285,000 pounds of U3O8 in inventory. They received all remaining major approvals for the Shirley Basin Project, effectively doubling the Company’s licensed and permitted production capacity. The company is prepared to ramp up Lost Creek production and construct the Shirley Basin mine site when market conditions improve.

Ur-Energy Inc. reported having a strong cash position of $17.6 million as of March 31, 2021. The company is focused on maintaining operational readiness and progressing towards full production at its Lost Creek and Shirley Basin projects, supported by recent regulatory approvals and a favorable political climate for nuclear energy.