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Ur-Energy — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue reached $12.3 million on 190,000 pounds sold, a 72.7% volume increase year-over-year; however, product profit shifted to a $969,000 loss from a $2.05 million profit in Q2 2026, driven by a 2.8% sequential price decline to $64.95 per pound.
  • Full-year 2026 guidance remains unchanged, projecting 700,000 pounds sold at an average price of $67.00 for approximately $46.9 million in revenue, supported by YTD volume growth of 67.3% and a 7.6% reduction in cash costs to $39.56 per pound.
  • Strategic capital management included deferring 450,000 pounds of deliveries across 2027 and 2029 and extending a 250,000-pound inventory loan maturity to November 2027 to align with operational ramp-up.
  • Operational milestones include Shirley Basin full operations launch in August 2026, a new wastewater facility expected at Lost Creek in Q2 2027, and Mine Unit 5 regulatory approval anticipated in Q1 2027.
Company
UR-ENERGY INC
Sector
Energy
Industry
Uranium