Ur-Energy Q3 2025 Results Show Construction and Exploration Progress

Ur-Energy Inc. has reported its financial and operational results for Q3 2025. The company sold 110,000 pounds of U3O8 at an average price of $57.48, generating $6.3 million in revenue. The uranium sold was sourced from previously purchased inventories.

At the Shirley Basin project, construction progresses with wellfield and plant development on track for uranium production startup in Q1 2026. The site is fully staffed and operational preparations are advancing.

The company's exploration activities at the Great Divide Basin include hydrogeological studies at Lost Soldier and future drilling programs at North Hadsell and LC South. The objective is to expand uranium resources.

Ur-Energy's cash and cash equivalents decreased to $35.4 million by October 2025, from $76.1 million in December 2024. The company remains focused on safety and operational efficiency.