Ur-Energy Q3 2023: 90k lbs sold at $60.44/lb; cash $54.6M; Lost Creek ramp-up

UR-ENERGY INC

2023-Q3 EPS reported -$0.10 revenue$12,238,000

Sold 90,000 lbs U3O8 in Q3 at avg $60.44/lb; YTD sales 190,000 lbs at avg $62.56/lb.
Gross profit per lb produced was $32.41 (53.6% margin) in Q3; cash costs $18.60/lb.
Cash and equivalents $54.6M at Sep 30, up from $33.0M at Dec 31, 2022.
Lost Creek production ramped up; HH 2-5 online late Q3; HH 2-6 & 2-7 expected in 2023.
Three multi-year sales agreements covering 2024-2028 with base 600k-700k lbs/yr; full-year 2023 guidance: 280k lbs for $17.3M.

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