Ur-Energy Reports Strong Q3 2026 Performance

Ur-Energy Inc., the largest domestic ISR uranium producer, announced promising financial results for Q3 2026, revealing a significant boost in year-over-year sales. The company sold 190,000 pounds of U₃O₈, generating $12.3 million in revenue, marking a 67.3% increase in pounds sold compared to 2025.

Despite a reduction in pounds drummed due to ongoing upgrades, Ur-Energy increased its captured pounds by 26.4% year-over-year. This growth was facilitated by consistent low-cost production, with cash costs per pound sold at $40.40.

In exploration, the firm commenced a 120-hole drill program at Lost Creek South and progressed a technical report at Lost Soldier, aiming to enhance its multi-asset growth strategy. The Shirley Basin mine began ramping up operations, contributing substantially to production.

Looking ahead, Ur-Energy projects total sales of 700,000 pounds in 2026, emphasizing its robust market position and growth potential in the uranium sector.