other material
confidence high
sentiment negative
materiality 0.70
Ur-Energy cuts 2024 production guidance to 240k-280k lbs; Q3 sales 100k lbs at $61.65/lb
UR-ENERGY INC
- Q3 2024: sold 100k lbs U3O8 at avg $61.65/lb for $6.2M; YTD product profit $2.77M.
- 2024 production guidance lowered to 240k-280k lbs captured on IX resin due to slower Lost Creek ramp-up.
- Cash resources $110.3M as of Oct 30; well-funded for Shirley Basin construction targeting early 2026.
- Contract book includes ~5.7M lbs U3O8 commitments through 2030 with six utility customers.
- Shirley Basin satellite facility to nearly double annual permitted capacity to 2.2M lbs by early 2026.