---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-005652"
form_type: "8-K"
ticker: "URG"
cik: "0001375205"
company_name: "UR-ENERGY INC"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:05:31.761728+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ur-Energy Q1: first U3O8 sale in 3 years; cash $77.3M

## Summary
- Delivered 100,000 lbs U3O8 to DOE at $64.47/lb for $6.4M revenue; first sale since 2020.
- Cash resources $77.3M (Dec 31, 2022: $33.0M), boosted by Feb 2023 $43.2M public offering net proceeds.
- Q1 production remained minimal (156 lbs captured); Lost Creek HH 2-4 ramp-up targeted in Q2 2023.
- 2023 guidance: sell 280,000 lbs for $17.3M avg $61.89/lb; multi-year contracts base 600k lbs/yr 2024-2028.
- Cash position on Apr 26, 2023 was $73.0M; management cites improved market and potential Shirley Basin development.

## SEC filing metadata
- accession: 0001654954-23-005652
- form_type: 8-K
- ticker: URG
- cik: 0001375205
- company_name: UR-ENERGY INC
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375205/000165495423005652/0001654954-23-005652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375205/000165495423005652/urg_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-005652
- JSON: https://secwatch.observer/filing/0001654954-23-005652.json
- Plain text: https://secwatch.observer/filing/0001654954-23-005652.txt

## Key facts
- Earnings Releases
  UR-ENERGY INC reported the quarter ended March 31, 2023 results: revenue $6.4 million. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $6.4 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: The uranium sale was the first of three deliveries to be made in 2023. In 2023 Q1, we delivered 100,000 pounds of U 3 O 8 at a sales price of $64.47 per pound for proceeds of $6.4 million to the U.S. Department of Energy (“DOE”) national uranium reserve. In addition to the DOE sale, we have two multi-year sales agreements which call for deliveries beginning in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375205/000165495423005652/0001654954-23-005652-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.