Ur-Energy Q2 revenue $4.6M from 75k lbs U3O8 at $61.65/lb; 2024 production guidance lowered

UR-ENERGY INC

2024-Q2 EPS reported -$0.09 revenue$4,653,000

Q2 sold 75,000 pounds U3O8, average price $61.65/lb, gross profit per pound $19.96 (down from $32.41 in Q4 2023).
2024 production guidance narrowed to lower side of 550,000-650,000 pounds U3O8 captured; 2024 sales commitments 570,000 lbs at avg $58.15/lb.
Equity offering closed July 2024: 65.7M shares at $1.05, gross $69.0M; cash resources $121.3M post-offering.
Shirley Basin expansion on track: annual capacity to double to 2.2M lbs U3O8; initial production expected early 2026.
Contract book totals ~5.7M lbs through 2030; 2025 delivery commitments expanded to 730,000 lbs on customer flex-up.

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