Ur-Energy reports Q4 production of 68.4k lbs U3O8, cash of $59.7M; advances sales agreements

UR-ENERGY INC

Q4 2023 production captured 68,448 lbs U3O8 at average grade 93.9 mg/l; full year 103,487 lbs.
Sold 280,000 lbs in 2023 for $17.3M from inventory; cash at Dec 31, 2023: $59.7M.
Projected 2024 sales of 570,000 lbs into contracts priced below $60/lb.
Advancing sales agreements with three companies for five-year period starting 2026, option to 2033.
Shirley Basin satellite facility procurement initiated; 24-month timeline to production after go decision.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UR-ENERGY INC reported financial results for the quarter and year ended December 31, 2023.

Period: the quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On January 29, 2024, Ur-Energy Inc. issued a press release providing an operational update for the quarter and year ended December 31, 2023.

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Source: SEC EDGAR

accession 0001654954-24-001076

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