Ur-Energy Stock Price, News & Analysis

Ur-Energy (NYSE:URG) reported significant operational progress in Q2 2025 at its Wyoming uranium projects. At Lost Creek, the company achieved a 35% increase in U3O8 production to 112,033 pounds and sold 165,000 pounds at $63.20 per pound, generating revenue of $10.4 million. Wellfield flow rates improved by 27%, reaching over 3,400 gallons per minute by June's end.

Construction at the Shirley Basin Project remains on schedule for early 2026 production. Key Q2 developments include completion of the processing building pad, ongoing installation of production wells, and 75% completion of two evaporation ponds. The company added 17 staff members and began operational hiring. Additionally, Ur-Energy announced plans for exploration drilling in three targets within the Great Divide Basin.

Ur-Energy (NYSE American:URG) has announced the appointment of Matthew D. Gili as President, strengthening its management team as the company advances toward full uranium production in Wyoming. The strategic hire comes as Ur-Energy progresses toward full production at Lost Creek and prepares to launch operations at its second mine, Shirley Basin, with a combined target of 2.2 million pounds of uranium annually.

Mr. Gili brings extensive mining operations experience from roles at major companies including Rio Tinto and Barrick. His most recent positions include serving as President and COO of i-80 Gold Corporation (2021-2025) and CEO of Nevada Copper Corporation (2018-2020). As a Professional Engineer, he has held various executive positions including Chief Technical Officer at Barrick and operational leadership roles at significant mining operations worldwide.

The appointment aligns with Ur-Energy's growth strategy and plans to capitalize on recent Trump Administration Executive Orders promoting U.S. nuclear fuel cycle industries. The company has already produced and packaged approximately 2.9 million pounds of U3O8 from Lost Creek since operations began.

Ur-Energy (NYSE: URG, TSX: URE) announced that Chairman and CEO John Cash will present at the Emerging Growth Virtual Conference on June 17, 2025, from 12:00 PM to 12:30 PM ET. The presentation will focus on updates regarding Lost Creek production operations and the ongoing development of the Shirley Basin Project. Ur-Energy, a uranium mining company operating in Wyoming, has produced approximately 2.9 million pounds of U3O8 from its Lost Creek facility since operations began. The company is currently developing its second in situ recovery uranium facility at Shirley Basin. Investors can register for the conference online, submit questions in advance, or watch the archived presentation on the Emerging Growth YouTube Channel.

Ur-Energy (NYSE:URG) held its Annual General and Special Meeting on June 5, 2025, with shareholders approving all proposed items. Seven Directors were elected with varying levels of support, with Rob Chang and Elmer W. Dyke receiving the highest approval rates of 96.51% and 96.55% respectively, while Gary C. Huber received the lowest at 68.04%. Shareholders reappointed BDO USA, P.C. as independent auditors and approved executive compensation with a 95.29% favorable vote. The company's Amended and Restated Restricted Share Unit and Equity Incentive Plan was renewed with 65.88% approval, excluding votes from certain insiders and affiliates.

Ur-Energy (NYSE: URG) commends President Trump's issuance of four Executive Orders aimed at expanding U.S. nuclear power capacity. The orders set an ambitious goal of quadrupling American nuclear energy capacity from 100 GW to 400 GW by 2050. Key directives include adding 5 gigawatt of power uprates to existing reactors and initiating construction of 10 new large reactors by 2030.

Ur-Energy, a U.S. uranium miner, is well-positioned to benefit from these developments with its Lost Creek mine currently ramping up production and Shirley Basin project set to commence production in early 2026. The company has $66M in cash resources and a licensed annual production capacity of 2.2 million pounds. The company plans additional delineation and exploration drilling on several Wyoming projects this summer to expand its uranium resource base.

Ur-Energy (NYSE:URG) reported its Q1 2025 results and received final approval for Lost Creek expansion. Key operational highlights include: - Production of 83,066 pounds U3O8 with 106,301 pounds shipped to conversion facility - Total inventory of 403,827 pounds U3O8 at conversion facility - Wellfield flow rate increased 44% since March 2025, now over 2,800 gallons per minute - Cash position of $86.0 million as of March 31, 2025 The company secured final approval from EPA for Lost Creek expansion on May 1, 2025. Ur-Energy projects 440,000 pounds U3O8 sales in 2025 at average price of $61.56 per pound, expecting revenues of $27.1 million. The company is also expanding operations to Shirley Basin, transforming into a two-mine operation with active development and construction ongoing.

Ur-Energy has received approval from Wyoming's Department of Environmental Quality for the LC East HJ and KM amendments to their Lost Creek Permit to Mine. This authorization allows for the construction and operation of six additional mine units, expanding their uranium recovery capabilities.

The approved areas contain significant uranium resources: 1.378 million pounds in Measured, 1.635 million pounds in Indicated, and 2.220 million pounds in Inferred Mineral Resources. The company now awaits final EPA approval for aquifer exemption.

Additionally, two major federal developments could positively impact operations:

• President Trump's Executive Order launching a Section 232 investigation into critical minerals imports, including uranium
• Department of Interior's implementation of "Emergency Permitting Procedures" to expedite energy project reviews

Ur-Energy operates the Lost Creek facility in Wyoming, having produced approximately 2.9 million pounds of U3O8 since operations began. The company is also advancing construction at its second facility, Shirley Basin.

Ur-Energy (URG) has released its Q1 2025 operational updates for Lost Creek and Shirley Basin projects. At Lost Creek, the company achieved production of 83,066 pounds U3O8 and shipped 106,301 pounds. Current inventory includes 29,700 pounds in-process, 10,772 pounds drummed at site, and 368,540 pounds at conversion facility.

Wellfield flow rates increased 44% since March 2025, now exceeding 2,700 gallons per minute with 19 contract drill rigs. The annualized production rate averaged over 400,000 pounds, approaching the 2025 customer commitment of 440,000 pounds plus a 250,000-pound loan repayment.

At Shirley Basin, construction remains on schedule for early 2026 startup. Key completed milestones include road upgrades, monitor well installation, building refurbishment, and infrastructure development. The company has hired senior management and construction staff, with additional recruiting ongoing.

A recent Executive Order by President Trump has initiated a Section 232 investigation into critical minerals and uranium imports, with potential implications for domestic producers like Ur-Energy.

Ur-Energy (URG) has released its 2024 year-end results, showing mixed performance. The company captured 265,746 pounds U3O8 in 2024, up from 103,487 pounds in 2023. Sales totaled 570,000 pounds at an average price of $58.15/lb, resulting in a loss of $6.19/lb compared to a profit of $30.90/lb in 2023.

Financial highlights include cash resources of $76.1 million as of December 31, 2024, up from $59.7 million in 2023. The company reported a net loss of $53.2 million for 2024. Lost Creek operations continued ramping up with six header houses coming online, while development at Shirley Basin progressed toward planned early 2026 production.

The company has secured contracts for 440,000 to 1,300,000 pounds of annual U3O8 deliveries from 2025 through 2030, with additional commitments for 2032-2033. For 2025, URG plans to deliver 440,000 pounds U3O8 for approximately $27.1 million in sales proceeds.