Company Performance - Ur Energy reported a quarterly loss of $0.02 per share, which aligns with the Zacks Consensus Estimate, an improvement from a loss of $0.07 per share a year ago [1] - The company posted revenues of $6.4 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 33.79%, but showing an increase from $5.75 million in the same quarter last year [2] - Over the last four quarters, Ur Energy has not surpassed consensus EPS estimates [1] Stock Performance - Ur Energy shares have declined approximately 22.7% since the beginning of the year, contrasting with the S&P 500's gain of 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.01 on revenues of $18.77 million, and for the current fiscal year, it is -$0.09 on revenues of $32.11 million [7] Industry Outlook - The Mining - Miscellaneous industry, to which Ur Energy belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Ur Energy's stock performance [5]
Ur Energy (URG) Reports Q3 Loss, Lags Revenue Estimates