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Ur-Energy Inc. - URG STOCK NEWS

Welcome to our dedicated news page for Ur-Energy (Ticker: URG), a resource for investors and traders seeking the latest updates and insights on Ur-Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ur-Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ur-Energy's position in the market.

Rhea-AI Summary
Ur-Energy Inc. provides updates on 2024 Q1 operations, production guidance, and early repayment of State Bond Loan. The company's Chairman and CEO, John Cash, highlights advances in uranium production, including the decision to build a second ISR uranium facility at Shirley Basin. Production challenges at Lost Creek lead to an adjustment in the 2024 production guidance. Sales agreements for uranium deliveries in the future have been secured, and the company has become debt-free after early repayment of the State Bond Loan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.73%
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none
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Rhea-AI Summary
Ur-Energy Inc. appoints John Paul Pressey and Elmer W. Dyke as new members of the Board of Directors while announcing the retirement of James M. Franklin and W. William Boberg. The new members bring extensive experience in audit, assurance, and the global nuclear industry, positioning the company for growth in the nuclear power sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
management
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Rhea-AI Summary
Ur-Energy Inc. appoints Ryan S. Schierman as Vice President Regulatory Affairs, bringing a wealth of experience in regulatory compliance and environmental health and safety matters. The company looks forward to his leadership as they progress with the Shirley Basin ISR facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
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management
Rhea-AI Summary
Ur-Energy Inc. announces the decision to build out the Shirley Basin Project in Wyoming, aiming to double annual mine production capacity to 2.2 million pounds of uranium. The project, based on growing uranium sales and market demand, will feature a low-cost satellite plant with a flow rate of 6,000 gallons per minute. The estimated construction cost is $24.4 million, with sustaining capital expenditures of $9.2 million and operating costs of $24.40 per pound. The project is expected to take 24 months to complete.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
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none
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Rhea-AI Summary
Ur-Energy Inc. files updated S-K 1300 Technical Report Summaries for Lost Creek Property and Shirley Basin Project, indicating significant uranium resources and positive economic analyses. The reports support the potential viability of both projects, with strong production plans and promising returns. Ur-Energy aims to supply fuel for clean energy solutions, showcasing a robust outlook for future operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
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none
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Rhea-AI Summary
Ur-Energy Inc. files its Annual Report for 2023, reporting $17.3 million in revenues. The company completed two new sales agreements, enhancing sales contracts through 2030. Financially, the company had $59.7 million in cash resources by the end of 2023, showing an increase of $26.7 million from the previous year. Production figures at Lost Creek in 2023 were positive, capturing 103,487 pounds of U3O8, with plans to expand production capacity in 2024. The company generated positive gross profits from uranium sales in 2023, with an average gross profit margin of nearly 50%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
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none
Rhea-AI Summary
Ur-Energy Inc. provides an update on 2023 Q4 and Year-end uranium sales and production operations at Lost Creek. The company captured approximately 103,487 pounds U3O8 in 2023, with 68,448 pounds U3O8 captured in Q4. Wellfield development is ongoing, and staffing at Lost Creek is complete. The company sold 280,000 pounds U3O8 in 2023 and has cash and cash equivalents of $59.7 million as of December 31, 2023. Sales in 2024 are projected at 570,000 pounds U3O8, with additional sales commitments in the global nuclear industry over a five-year period beginning in 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.11%
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Rhea-AI Summary
Ur-Energy Inc. announces CEO's participation in The Microcap Conference at Caesar's Atlantic City Hotel and Casino. John Cash to present Company update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
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News
Rhea-AI Summary
Ur-Energy Inc. has filed its Form 10-Q for Q3 2023, reporting an increase in cash and cash equivalents to $54.6 million. The company sold 190,000 pounds of U3O8 at an average price of $62.56 per pound, with expected total sales of 280,000 pounds U3O8 in 2023 for $17.3 million. The anticipated revenues for 2023-2028 are approximately $220 million. The company is the only active uranium miner in the U.S. and one of two active miners in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.33%
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none
Rhea-AI Summary
Ur-Energy provides update on Q3 production operations and sales agreements
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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Ur-Energy Inc.

NYSE:URG

URG Rankings

URG Stock Data

477.33M
223.46M
1.64%
58.83%
2.4%
Uranium-Radium-Vanadium Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Littleton

About URG

ur-energy is a dynamic junior mining company operating the lost creek in-situ recovery (isr) uranium facility in south-central wyoming. the lost creek processing facility has a two million pounds per year physical design capacity. shirley basin, our newest project, is one of the pathfinder mines assets we acquired in 2013. baseline studies necessary for permitting and licensing of the project are currently being advanced. ur-energy engages in uranium mining and recovery operations, with activities including acquisition, exploration, development, and operation of uranium mineral properties. shares of ur-energy trade on the nyse mkt under the symbol “urg” and on the toronto stock exchange under the symbol “ure". in addition, ur-energy’s project pipeline is supported by an extensive, valuable exploration database and intensive analysis programs, providing for great exploration and development potential.