UR-ENERGY INC
Business
Ur-Energy is engaged in uranium mining, recovery and processing via in situ recovery (ISR) technology at its operating Lost Creek Project in Wyoming and the development-stage Shirley Basin Project, also in Wyoming. The company produces uranium oxide (yellowcake) for sale to utilities and other customers under multi-year contracts. Operations are conducted through wholly-owned subsidiaries in Wyoming and Colorado, with additional exploration-stage projects in the Great Divide Basin and other Wyoming districts.
Summary from 10-K filed 2026-03-10
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales | 27 | 34 | 18 | 19,000 | 16,000 | |
| Cost of sales | −27 | −43 | −19 | −7 | −7 | |
| Gross profit (loss) | 74,000 | −9 | −2 | −7 | −7 | |
| Operating costs | −69 | −54 | −29 | −13 | −10 | |
| Operating profit (loss) | −69 | −63 | −31 | −20 | −17 | |
| Interest income | 2 | 4 | — | — | — | |
| Interest expense | −2 | −336,000 | — | — | — | |
| Mark to market gain (loss) | −6 | 6 | −2 | — | — | |
| Foreign exchange gain (loss) | −26,000 | 80,000 | 325,000 | 27,000 | −355,000 | |
| Other income (loss) | 172,000 | 35,000 | −24,000 | 1 | 905,000 | |
| Net income (loss) | −75 | −53 | −31 | −17 | −23 | |
| Foreign currency translation adjustment | −145,000 | 471,000 | −547,000 | 123,000 | 435,000 | |
| Comprehensive income (loss) | −75 | −53 | −31 | −17 | −23 | |
| Basic (per share) | −0.2 | −0.17 | −0.12 | −0.08 | −0.12 | |
| Diluted (per share) | −0.2 | −0.17 | −0.12 | −0.08 | −0.12 | |
| Basic (shares) | 368 | 318 | 260 | 220 | 196 | |
| Diluted (shares) | 368 | 318 | 260 | 220 | 196 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-09-30 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 124 | 76 | 60 | — | 33 | |
| Trade receivables | — | 17 | 0 | — | — | |
| Inventory | 24 | 21 | 3 | — | 10 | |
| Prepaid expenses and other current assets | 2 | 2 | 1 | — | 1 | |
| Current portion of lease receivables (net) | 708,000 | 354,000 | 77,000 | — | — | |
| Total current assets | 150 | 115 | 64 | — | 44 | |
| Lease receivables (net) | 2 | 1 | 208,000 | — | — | |
| Restricted cash and cash equivalents | 11 | 11 | 9 | — | 8 | |
| Mineral properties (net) | 44 | 39 | 35 | 35 | 36 | |
| Capital assets (net) | 50 | 27 | 21 | — | 20 | |
| Capped call derivative | 15 | — | — | — | — | |
| Total non-current assets | 122 | 79 | 65 | — | 64 | |
| Total assets | 272 | 194 | 128 | — | 108 | |
| Accounts payable and accrued liabilities | 10 | 4 | 2 | — | 1 | |
| Inventory derivative obligation (net) | 17 | 14 | 0 | — | — | |
| Current portion of financing lease liabilities | 484,000 | 309,000 | 162,000 | — | — | |
| Environmental remediation accrual | 164,000 | 63,000 | 69,000 | — | 69,000 | |
| Total current liabilities | 28 | 19 | 10 | — | 7 | |
| Long-term debt | 66 | — | — | — | — | |
| Conversion option derivative | 52 | — | — | — | — | |
| Warrant liability | 2 | 3 | 12 | — | 2 | |
| Asset retirement obligations | 44 | 37 | 31 | — | 31 | |
| Financing lease liabilities | 1 | 931,000 | 687,000 | — | — | |
| Stock option liabilities | 1 | 2 | 0 | — | — | |
| Total non-current liabilities | 167 | 42 | 43 | — | 39 | |
| Commitments and contingencies | — | — | — | — | — | |
| Share capital | 433 | 413 | 302 | — | 259 | |
| Contributed surplus | 20 | 19 | 20 | — | — | |
| Accumulated other comprehensive income | 4 | 4 | 4 | — | 4 | |
| Accumulated deficit | −379 | −304 | −251 | — | −220 | |
| Total shareholders' equity | 77 | 133 | 75 | — | 62 | |
| Total liabilities and shareholders' equity | 272 | 194 | 128 | — | 108 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income (loss) | −75 | −53 | −31 | −17 | −23 | |
| Stock based compensation | 2 | 2 | 1 | 1 | 1 | |
| Borrowed inventory included in cost of sales | — | 19 | 0 | — | — | |
| Payment of deposit on borrowed inventory | — | −4 | 0 | — | — | |
| Net realizable value adjustments | 3 | 6 | 11 | 7 | 7 | |
| Amortization of mineral properties | 2 | 387,000 | 814,000 | 1 | 2 | |
| Depreciation of capital assets | 4 | 3 | 2 | 2 | 2 | |
| Accretion of asset retirement obligations | 1 | 760,000 | 497,000 | 460,000 | 486,000 | |
| Amortization of debt discount | 459,000 | 33,000 | — | — | — | |
| Provision for reclamation | 101,000 | −6,000 | 0 | −2,000 | −5,000 | |
| Loss (gain) on sale of assets | 225,000 | — | — | — | — | |
| Unrealized foreign exchange gain | 28,000 | −80,000 | −319,000 | −25,000 | 353,000 | |
| Trade receivables | 17 | −17 | 0 | −4,000 | −4,000 | |
| Inventory | −6 | −24 | −3 | −9 | −7 | |
| Lease receivables | 770,000 | −1 | −285,000 | — | — | |
| Prepaid expenses and other current assets | 791,000 | −251,000 | −178,000 | −140,000 | −84,000 | |
| Accounts payable and accrued liabilities | 1 | 2 | 991,000 | −2 | 544,000 | |
| Net cash provided by (used in) operating activities | −43 | −72 | −17 | −18 | −12 | |
| Purchase of capital assets | −24 | −9 | −2 | −709,000 | −1 | |
| Net cash provided by (used in) investing activities | −24 | −9 | −2 | −709,000 | −1 | |
| Issuance of common shares for cash | 16 | 98 | 53 | 4 | 49 | |
| Share issue costs | −399,000 | −5 | −3 | −94,000 | −2 | |
| Proceeds from convertible notes issuance | 120 | — | — | — | — | |
| Convertible notes financing costs | −5 | — | — | — | — | |
| Purchase of capped call | −17 | — | — | — | — | |
| Proceeds from exercise of warrants and stock options | 2 | 12 | 2 | 4 | 9 | |
| RSU redeemed for cash | −109,000 | −60,000 | −69,000 | −205,000 | −289,000 | |
| Changes in financial lease liability | −692,000 | 391,000 | 0 | — | — | |
| Repayment of long-term debt | — | −6 | −5 | −1 | 0 | |
| Net cash provided by (used in) financing activities | 115 | 100 | 46 | 6 | 55 | |
| Effects of foreign exchange rate changes on cash | 86,000 | −97,000 | 45,000 | −108,000 | 45,000 | |
| Increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents | 48 | 19 | 27 | −13 | 42 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is UR-ENERGY INC's CIK number?
UR-ENERGY INC's SEC CIK number is 0001375205 (1375205). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find UR-ENERGY INC's SEC filings?
All of UR-ENERGY INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did UR-ENERGY INC last report earnings?
UR-ENERGY INC (URG) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-058180). This is UR-ENERGY INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is UR-ENERGY INC's most recent earnings 8-K?
UR-ENERGY INC's latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001104659-26-058180. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View UR-ENERGY INC's latest earnings 8-K →
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