Q1 2024: No U3O8 sales, production at 38K lbs; Shirley Basin buildout started

UR-ENERGY INC

2024-Q1 EPS reported -$0.07

No U3O8 sales in Q1 2024; prior Q3/Q4 2023 sales at $60.45/lb with ~54% gross margin.
Cash resources $53.9M (down $5.8M from Dec 31, 2023); spent $14.5M on ops, generated $9.6M from financing.
New sales agreement in April 2024: up to 100K lbs/yr for 2026-2029; total contract book 5.7M lbs through 2030.
2024 production guidance: 550K-650K lbs U3O8 from Lost Creek; Shirley Basin satellite facility to double capacity to 2.2M lbs/yr.
Russian Uranium Ban passed by U.S. Congress; expected to strengthen demand for domestic uranium suppliers.

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 0.7

UR-ENERGY INC reported financial results for the quarter ended March 31, 2024.

Period: the quarter ended March 31, 2024
Result: reported results

Exact text from the filing

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

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

UR-ENERGY INC filing history →

Source: SEC EDGAR

accession 0001654954-24-005794

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.