AI brief of an SEC Form 8-K · UR-ENERGY INC (URG)

Ur-Energy Q1 2026 uranium sales fall to $3.9 million on lower pounds sold

Mixed Impact 3 of 5 earnings Written later

Ur-Energy reported first-quarter 2026 results, with revenue of $3.9 million from 55,000 pounds sold, down from 165,000 pounds in Q4 2025. The average sales price rose to $70.98 per pound and cash costs fell, but Q4 2025 product profit was $1.5 million against $1.2 million in Q1 2026, and unrestricted cash was $122.8 million at March 31, 2026.

Key points

  • Q1 2026 revenue was $3.9 million on 55,000 pounds sold, versus $10.4 million on 165,000 pounds in Q4 2025; no pounds were sold in Q1 2025.
  • Average sales price rose to $70.98 per pound from $63.20 in Q4 2025, and cash cost per pound sold fell to $37.51 from $42.94.
  • Pounds captured rose 41% over Q4 2025 to 110,314 pounds, and Shirley Basin began initial operations in April 2026, with first resin shipments expected this summer subject to regulatory approval.
  • Unrestricted cash was $122.8 million at March 31, 2026, and $107.5 million at April 30, 2026.

The filing

CompanyUR-ENERGY INC (URG)
Form8-K, current report
Filed with the SECMay 11, 2026, 6:05 AM ET
Accession number0001104659-26-058180

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.