Ur-Energy Inc. Q1 2026 Earnings Recap

URG Q1 2026 May 12, 2026

Get alerts when URG reports next quarter

Shares rose 4.6% on operational progress and improved cost efficiency at Lost Creek, alongside the commencement of initial mining at Shirley Basin, signaling market optimism about production ramp-up and growth execution.

Earnings Per Share Miss

$-0.07 vs $-0.04 est.

-75.0% surprise

Revenue Miss

3931000 vs 9864133 est.

-60.1% surprise

Market Reaction

1-Day -3.61%

See URG alongside your other holdings

Add to your portfolio — free

Key Takeaways

Lost Creek resin capture increased 41% quarter-over-quarter to 110,000 pounds, and finished inventory grew 14% to over 417,000 pounds.
Average cash cost per pound sold fell 13% sequentially to $37.5, including taxes, improving cost competitiveness.
Sold 55,000 pounds in Q1 in line with delivery commitments; sales price averaged $71 per pound, up 12% from Q4 2025 under new contracts.
Shirley Basin began initial mining operations, with production infrastructure substantially complete and resin shipments to Lost Creek expected to start in summer.
Exploration and development advanced at Wyoming ISR projects, with technical reports and drilling campaigns planned to support pipeline growth.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit URG on AllInvestView.