earnings
confidence high
sentiment negative
materiality 0.75
Ur-Energy reports 2024 net loss of $53.2M; per-pound profit flips to loss as costs surge
UR-ENERGY INC
2025-Q1 EPS reported
-$0.03
- Net loss $53.2M ($0.17 diluted EPS) vs $30.7M loss ($0.12) in 2023; sales doubled to $33.7M but gross loss widened to $9.0M.
- Average U3O8 price per pound sold fell to $58.15 from $61.89; cost per pound surged to $64.34 from $30.99, driving a $6.19/lb loss.
- Produced pounds captured rose 157% to 265,746 lbs; total pounds sold doubled to 570,000 lbs including 300,000 non-produced pounds purchased/borrowed at $75.87/lb.
- Cash resources $76.1M at Dec 31, 2024; cash as of Apr 9, 2025 was $71.8M; deferred 300,000 lbs delivery from 2025 to H1 2026.
- Seven multi-year sales agreements call for 440,000-1,300,000 lbs annually through 2030; construction at Shirley Basin on schedule for early 2026 production.