secwatch.observer — SEC 8-K summary
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Issuer:     UR-ENERGY INC (URG)
CIK:        0001375205
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001654954-24-002818
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375205/000165495424002818/0001654954-24-002818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375205/000165495424002818/urg_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-002818

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