secwatch.observer — SEC 8-K summary
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Issuer:     UR-ENERGY INC (URG)
CIK:        0001375205
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001558370-25-007421
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ur-Energy Q1 no sales; gets Lost Creek expansion approval, flow rates up 44%
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- No U3O8 sales in Q1 2025; cash $86.0M at March 31, down from $87.1M at year-end 2024.
- Received final approval for Lost Creek expansion: aquifer exemption from EPA on May 1, 2025.
- Wellfield flow rate increased 44% since March, now over 2,800 gpm; drummed 83,066 lbs in Q1.
- Projected 2025 sales: 440,000 lbs U3O8 at avg $61.56/lb, revenue $27.1M under existing contracts.
- Shirley Basin development underway; two drill rigs mobilized, modular office building expected Q3 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375205/000155837025007421/0001558370-25-007421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375205/000155837025007421/urg-20250508x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-007421

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