The share price of Ur‑Energy Inc. (NYSE:URG) fell by 18.63% between November 3 and November 10, 2025, putting it among the Energy Stocks that Lost the Most This Week. Ur‑Energy (URG) Misses Expectations in Q3 Ur‑Energy Inc. (NYSE:URG) is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. Ur‑Energy Inc. (NYSE:URG) fell after posting disappointing results for Q3 2025 on Novem ...

Construction Advances at Shirley Basin and Exploration Underway in the Great Divide Basin Littleton, Colorado (ACCESS Newswire) November 3, 2025 - Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the "Company" or "Ur-Energy") has filed the Company's Form 10-Q for the quarter ended September 30, 2025, with the U.S. Securities and Exchange Commission at www.sec.gov/edgar.shtml and with Canadian securities authorities at www.sedarplus.ca. Third Quarter 2025 Financial and Operating Results Ur-Energy President, Mat ...

Core Insights - Ur-Energy Inc. has filed its Form 10-Q for the quarter ended September 30, 2025, with the U.S. Securities and Exchange Commission and Canadian securities authorities [1] Financial and Operating Results - The ramp-up at Lost Creek continued with 93,523 pounds of U3O8 dried and packaged during the third quarter of 2025 [1]

Production and Sales - Ur-Energy's Lost Creek Project is permitted for annual recovery of up to 1.2 million pounds of U3O8, with processing capacity designed for up to 2.2 million pounds annually[95]. - In Q3 2025, Ur-Energy sold 110,000 pounds of U3O8 at an average price of $57.48 per pound, generating revenue of $6.3 million[107]. - The company anticipates delivering 440,000 pounds of U3O8 in 2025 at an average price of $61.77 per pound, projecting total revenues of $27.2 million[115]. - Ur-Energy has eight multi-year sales agreements, expecting to sell approximately 6.0 million pounds of U3O8 between 2025 and 2033[95]. - The company delivered 165,000 pounds in 2025 Q2 and 110,000 pounds in Q3, with a further delivery of 165,000 pounds expected in Q4[141]. - U3O8 pounds sold in 2025 YTD totaled 275,000, with 395,000 pounds sold in 2024 Q4[139]. - The company has committed deliveries of 400,000 pounds of U3O8 for 2025, with both buyers opting to flex up the annual base delivery quantity by 10%[141]. - Total sales in 2025 are projected at 440,000 pounds of U3O8, with expected revenues of $27.2 million at an average price of $61.77 per pound[184]. Financial Performance - The uranium spot price closed Q3 2025 at $82.63, showing volatility but remaining generally in the $70s or higher throughout the quarter[104]. - Sales for Q3 2025 were $6.32 million, a decrease of $0.08 million (1.2%) from $6.40 million in Q3 2024, while sales for the nine months ended September 30, 2025, increased by $5.71 million (51.7%) to $16.76 million compared to $11.05 million in the same period of 2024[156][158]. - Cost of sales for Q3 2025 was $7.06 million, an increase of $1.45 million (25.8%) from $5.61 million in Q3 2024, and for the nine months ended September 30, 2025, it rose by $8.08 million (80.2%) to $18.16 million compared to $10.08 million in 2024[160]. - Gross profit for Q3 2025 was a loss of $0.74 million, down from a profit of $0.79 million in Q3 2024, and for the nine months ended September 30, 2025, it was a loss of $1.40 million compared to a profit of $0.97 million in 2024[162]. - Net loss for Q3 2025 was $27.46 million, an increase of $19.46 million from a loss of $8.00 million in Q3 2024, and for the nine months ended September 30, 2025, the net loss was $59.32 million compared to a loss of $33.13 million in 2024[171]. - The average price per pound sold for produced U3O8 in 2024 was $51.53, while for non-produced it was $75.87[142]. - In 2024, the average price per pound sold was $58.15, with an average cost of $64.34, resulting in an average loss of $6.19 per pound and a loss margin of approximately 11%[145]. Cost and Pricing - U3O8 price per pound sold in 2025 Q2 was $63.20, while in Q3 it was $57.48, resulting in a year-to-date average price of $60.91[137]. - U3O8 cost per pound sold in 2025 Q2 was $50.89 and in Q3 was $64.21, leading to a year-to-date average cost of $56.22[142]. - The U3O8 cost per pound sold increased to $64.21 in Q3 2025, up by $15.30 from $48.91 in Q3 2024, resulting in a loss of $6.72 per pound sold in Q3 2025 compared to a profit of $12.74 per pound in Q3 2024[162]. - In 2025 Q2, 165,000 produced pounds were sold at an average price of $63.20 and an average cost of $50.89, yielding an average profit of $12.31 per pound and a profit margin of about 20%[146]. - For the first nine months of 2025, the average price per pound sold was $60.91, with an average cost of $56.22, resulting in an average profit of $4.69 per pound and a profit margin of about 8%[146]. Operational Updates - Construction at the Shirley Basin Project is progressing, with nearly 900 cubic yards of concrete poured for the processing building foundation[116]. - The company is advancing exploration programs in the Great Divide Basin, including the Lost Soldier project, to identify additional uranium resources[126]. - Ur-Energy's processing facility at Lost Creek is expected to process captured U3O8 from the Shirley Basin Project, with a satellite plant planned for commissioning in 2026[95]. - The company anticipates initial production flow and commissioning of the first IX columns at Shirley Basin to occur in Q1 2026[192]. - The company has completed recruitment for all positions at Shirley Basin, allowing for thorough safety and task training prior to operations commencement[193]. - Wellfield flow rates at Lost Creek are expected to increase as operational challenges are resolved, supporting higher production rates[194]. Cash Flow and Investments - Cash and cash equivalents decreased from $87.1 million at the end of 2024 to $63.4 million by September 30, 2025, with $24.3 million used for operating activities during the nine months[172]. - The company incurred $14.2 million in investing activities during the nine months ended September 30, 2025, primarily for construction and equipment at Shirley Basin[174]. - Financing activities generated $14.9 million in the nine months ended September 30, 2025, from the sale of 9,980,095 common shares[175]. - As of September 30, 2025, the unrestricted cash position was $52.0 million, with total current liabilities of $9.6 million[183][206]. - As of October 30, 2025, the cash position was $35.4 million, with ongoing construction and operational activities at both mine sites[197]. Management Changes - The company announced the retirement of CEO John W. Cash, effective December 12, 2025, with Matthew D. Gili set to succeed him[132]. - The company expanded its accounting and finance team with the appointment of Jade Walle as Vice President Finance, bringing extensive experience in corporate finance[134].

Company Overview - Ur Energy (URG) is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year decline of 50% [3] - Revenues are anticipated to be $6.83 million, which is an increase of 6.7% compared to the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 33.33% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4] - The Most Accurate Estimate for Ur Energy is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -12.50% [12] Earnings Surprise Prediction - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10] - Ur Energy currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [12] Historical Performance - In the last reported quarter, Ur Energy was expected to post a loss of $0.01 per share but actually reported a loss of -$0.04, resulting in a surprise of -300% [13] - The company has not surpassed consensus EPS estimates in any of the last four quarters [14] Industry Context - In comparison, McEwen (MUX), another player in the Zacks Mining - Miscellaneous industry, is expected to report earnings of $0.31 per share, indicating a year-over-year increase of 875% [18] - McEwen's revenue is projected to be $66.1 million, up 26.5% from the previous year, but it has an Earnings ESP of -44.26% despite a Zacks Rank of 2 (Buy) [19][20]

LITTLETON, CO / ACCESS Newswire / October 16, 2025 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is happy to announce its participation in the 2025 Maxim Growth Summit, taking place on October 23rd at The Hard Rock Hotel NYC. This prestigious event brings together industry leaders, innovators, and premier institutions to explore the latest trends and advancements across several industries. ...

LITTLETON, CO / ACCESS Newswire / October 13, 2025 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) ("Ur-Energy" or the "Company") today announced, as part of the Company's long-term leadership succession planning, that John W. Cash, who has been with Ur-Energy since 2007 and has served as Chief Executive Officer (CEO) since 2022, will resign as CEO on December 12, 2025. ...

Ur-Energy Inc. FY Conference Summary Company Overview - **Company**: Ur-Energy Inc. (NYSEAM:URG) - **Industry**: Uranium Production - **Key Operations**: Lost Creek and Shirley Basin in Wyoming, USA Core Points and Arguments 1. **Production Status**: Ur-Energy is a producing uranium company with operations at the Lost Creek plant, which has been operational since August 2013, producing nearly 3 million pounds of U3O8 [2][3] 2. **Market Recovery**: The uranium market began to improve in 2022, leading to the signing of eight long-term contracts with utility customers, resulting in approximately 6 million pounds under contract for the coming years [3][4] 3. **Cost Structure**: The company aims to achieve an all-in cost of around $45 per pound at Lost Creek, which includes operating costs, development costs, taxes, and capital [5][6] 4. **Resource Availability**: Lost Creek has 12.7 million pounds of measured and indicated resources and over 6 million pounds of inferred resources, with significant potential for growth [4][5] 5. **Shirley Basin Development**: Shirley Basin is under construction, targeting production in early 2026, with a capacity of 1 million pounds per year, and has 8.8 million pounds of measured and indicated resources [10][12] 6. **Production Efficiency**: The expected cash cost at Shirley Basin is over $24 per pound, with an all-in cost of around $50 per pound, benefiting from high flow rates [12][26] 7. **Operational Focus**: The company is currently optimizing production at Lost Creek, with a head grade of around 70 parts per million, nearly double the anticipated level [13][14] 8. **Exploration Plans**: Ur-Energy plans to initiate several exploration programs in late 2025 and 2026, focusing on the Great Divide Basin with 10 projects and over 2,000 unpatented mining claims [15][18] Financial Highlights 1. **Market Capitalization**: The market cap is over $700 million, with a share price that recently approached $2, establishing a new 52-week high [19] 2. **Cash Position**: The company reported $49.1 million in cash with no financial debt, indicating a strong financial position [20][22] 3. **Sales and Revenue**: In the current year, Ur-Energy sold or delivered 440,000 pounds of uranium, with expectations to increase to 1.3 million pounds next year [22] Strategic Insights 1. **Government Programs**: Ur-Energy is positioned to benefit from U.S. government programs related to uranium reserves and other initiatives, although it maintains a focus on independent operations [27][28] 2. **Institutional Ownership**: Approximately 85% of shares are held by institutional investors, indicating strong confidence from sophisticated market players [20] 3. **Value Proposition**: The company emphasizes its status as a "pounds in the can" story, focusing on quality resources rather than quantity, with a clean financial structure and strong management [30] Additional Considerations 1. **Production Capacity**: The Lost Creek facility is permitted to recover 1.2 million pounds per year, with a milling capacity of 2.2 million pounds per year, allowing for flexibility in operations [6][9] 2. **Historical Context**: Shirley Basin is noted as the site of the first commercial in-situ uranium mine, with a rich history of uranium recovery dating back to the 1960s [11] 3. **Future Growth**: The company is optimistic about future exploration and production growth, with plans to enhance resource definition and operational efficiency [15][18]

Group 1 - Ur-Energy Inc. will participate in TD Cowen's 10th Annual Nuclear Fuel Cycle and Next Generation Nuclear Roundtable [1] - The event is scheduled to take place virtually on October 9, 2025 [1]

Core Viewpoint - The long-term outlook for uranium remains strong, driven by increasing global nuclear power capacity and strategic initiatives from countries like the U.S. and India to expand their nuclear energy capabilities [2][28]. Group 1: Cameco Corporation (CCJ) - Cameco is one of the world's largest uranium suppliers, with operations in mining and fuel services, and accounted for 16% of global uranium production in 2024 [4][6]. - In the first half of 2025, Cameco's total revenues increased by 35% year over year to CAD 1,666 million ($1,184 million), with uranium revenues up 27% to CAD 1,324 million ($941 million) [6][9]. - The company expects its share of adjusted EBITDA from Westinghouse to be between $525-$580 million for 2025, reflecting growth from its involvement in nuclear reactor construction projects [11]. - Cameco's share of production expectation from the McArthur River mine has been revised to 9.8-10.5 million pounds due to development delays, while the expected share from the Cigar Lake mine remains at 9.8 million pounds [8][12]. - The company has signed a long-term agreement to supply natural uranium hexafluoride (UF6) to Slovakia's largest electricity producer, marking its entry into the Slovak market [13]. - Cameco's stock has appreciated by 69% in 2025, reflecting the sharp price rebound in uranium [23]. Group 2: Ur-Energy (URG) - Ur-Energy operates the Lost Creek project in Wyoming, which has produced 3 million pounds of uranium since 2013, and is advancing construction at the Shirley Basin [14][16]. - In the first half of 2025, Ur-Energy's revenues jumped 124% to $10.4 million, but the company reported a net loss of seven cents per share [16][20]. - The company has eight multi-year sales agreements with major nuclear and utility companies, with annual delivery amounts ranging from 440,000 to 1,300,000 pounds of uranium from 2025 through 2033 [18]. - Ur-Energy's total sales in 2025 are projected at 440,000 pounds of uranium, leading to revenues of $27.1 million [17]. - Ur-Energy's stock has risen by 46% in 2025, but its revenues are expected to decline by 7.5% year over year in fiscal 2025 [20][23]. Group 3: Comparative Analysis - The Zacks Consensus Estimate for Cameco's 2025 revenues implies year-over-year growth of 11.3%, while Ur-Energy's estimate indicates a decline of 7.5% [19][20]. - Cameco's forward price-to-sales multiple is 15.00X, significantly above its five-year median of 6.74X, while Ur-Energy's is at 5.72X, below its median of 7.70X [26]. - Both companies are positioned to benefit from a bullish long-term uranium outlook, but Cameco offers stronger earnings visibility and stability due to its diversified operations and fixed-price contracts [28][29].