Welcome to our dedicated page for Ur-Energy news (Ticker: URG), a resource for investors and traders seeking the latest updates and insights on Ur-Energy stock.
Ur-Energy Inc. (NYSE American: URG) operates at the forefront of U.S. uranium production through its advanced in-situ recovery operations. This dedicated news hub provides investors and industry stakeholders with comprehensive updates on corporate developments, operational milestones, and regulatory progress.
Access authoritative updates including quarterly production reports from the Lost Creek facility, permitting advancements for the Shirley Basin Project, and strategic initiatives shaping North America's nuclear fuel supply chain. Our curated collection features official press releases covering resource expansion, environmental stewardship practices, and market positioning within the global uranium sector.
Key content categories include operational performance metrics, exploration program updates, compliance documentation, and leadership announcements. Bookmark this page for direct access to Ur-Energy's evolving story as it advances sustainable uranium extraction through innovative ISR technologies and responsible resource development.
Ur-Energy (NYSE American:URG)(TSX:URE) provides a 2024 Q2 update on its Lost Creek production operations and Shirley Basin development. Key highlights include:
1. Lost Creek production increased, with 70,679 pounds captured, 64,170 pounds dried and packaged, and 70,390 pounds U3O8 shipped in Q2.
2. 2024 production guidance adjusted to the lower side of 550,000 to 650,000 pounds captured on IX resin.
3. Shirley Basin development progressing with monitor well installation and infrastructure improvements.
4. Q2 uranium sales of 75,000 pounds U3O8 at an average price of $61.65 per pound, generating $4.6 million in revenue.
5. Total expected 2024 sales of 570,000 pounds U3O8, with anticipated revenues of $33.1 million.
6. Cash and cash equivalents of $61.3 million as of June 30, 2024.
Ur-Energy held its Annual General and Special Meeting of Shareholders on June 6, 2024. All seven director nominees listed in the management proxy circular were elected, with John W. Cash receiving 99.51% of votes in favor. The reappointment of PricewaterhouseCoopers LLP as independent auditors was approved, and the directors were authorized to fix their remuneration. Additionally, the 'say on pay' vote for executive compensation was approved by 96.17% of votes cast.
Ur-Energy Inc. will present at the Emerging Growth Virtual Conference on May 9, 2024. The CEO, John Cash, will provide updates on production operations and the Shirley Basin Project. The company invites attendees to register for the event and submit questions in advance. Ur-Energy is a uranium mining company with significant operations in Wyoming.
Ur-Energy Inc. released its 2024 Q1 results, reporting a decrease in cash resources, positive sales agreements, and financial activities. The company is encouraged by the unanimous passing of a Russian Uranium Ban and plans to expand its U.S. based production portfolio. Operations at Lost Creek are progressing, with ramp-up continuing, new sales agreements completed, and a focus on expanding production.
Ur-Energy Inc. will host a webcast and teleconference for its 2024 Q1 earnings on May 8, 2024. The company will review operations and results, followed by a Q&A session. Ur-Energy is a uranium mining company with major permits for a new facility in Wyoming. The primary trading market is on NYSE American (URG) and the Toronto Stock Exchange (URE).
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