secwatch.observer — SEC 8-K summary
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Issuer:     UR-ENERGY INC (URG)
CIK:        0001375205
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001654954-24-010345
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375205/000165495424010345/0001654954-24-010345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375205/000165495424010345/urg_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-010345

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer