Ur-Energy releases 2023 year-end results, announces two new uranium sales agreements and updated S-K 1300 reports

UR-ENERGY INC

Sold 280,000 pounds U3O8 in 2023 at average price $61.89/lb, generating $17.3M revenue and gross profit of $8.7M (excluding NRV adjustments).
Signed two sales agreements: one for 100,000-350,000 lbs/yr 2026-2030 (market-related), another for 50,000 lbs in 2026 and 200,000 lbs/yr 2027-2030 (fixed escalated).
Updated S-K 1300 reports: Lost Creek Measured+Indicated 12.682M lbs eU3O8, Shirley Basin Measured+Indicated 8.816M lbs eU3O8.
Lost Creek captured 103,487 lbs U3O8 in 2023, first shipment to converter Feb 2024; 2024 production guidance 650,000-750,000 lbs.
Cash resources $59.7M at Dec 31, 2023, increased to $66.2M by Feb 29, 2024.

item 2.02 item 7.01 item 9.01

Key facts

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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 March 6, 2024, Ur-Energy Inc. (the “Company”) issued a press release providing earnings results and an operational update for the quarter and year ended December 31, 2023.

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Source: SEC EDGAR

accession 0001654954-24-002818

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