(URG) Ur Energy - Overview

Sector: Energy | Industry: Uranium | Exchange: NYSE MKT (USA) | Market Cap: 660m USD | Total Return: 78.2% in 12m

Uranium, Yellowcake, Nuclear Fuel
Total Rating 28
Safety 7
Buy Signal -1.06
Uranium
Industry Rotation: -30.4
Market Cap: 660M
Avg Turnover: 11.8M
Risk 3d forecast
Volatility71.6%
VaR 5th Pctl12.6%
VaR vs Median6.68%
Reward TTM
Sharpe Ratio1.34
Rel. Str. IBD70.4
Rel. Str. Peer Group55.9
Character TTM
Beta1.562
Beta Downside1.916
Hurst Exponent0.459
Drawdowns 3y
Max DD72.11%
CAGR/Max DD0.26
CAGR/Mean DD0.69
EPS (Earnings per Share) EPS (Earnings per Share) of URG over the last years for every Quarter: "2021-03": -0.04, "2021-06": -0.04, "2021-09": -0.04, "2021-12": -0.01, "2022-03": -0.03, "2022-06": -0.0016, "2022-09": -0.03, "2022-12": -0.02, "2023-03": -0.0029, "2023-06": -0.03, "2023-09": -0.07, "2023-12": -0.02, "2024-03": -0.07, "2024-06": -0.02, "2024-09": -0.02, "2024-12": -0.06, "2025-03": -0.0551, "2025-06": -0.06, "2025-09": -0.07, "2025-12": -0.04, "2026-03": -0.07,
Last SUE: -1.36
Qual. Beats: -1
Revenue Revenue of URG over the last years for every Quarter: 2021-03: 0.139, 2021-06: 0.007, 2021-09: 0.009, 2021-12: -0.009, 2022-03: -1.722, 2022-06: 0.019, 2022-09: -1.655, 2022-12: 0.019, 2023-03: 6.447, 2023-06: 0.039, 2023-09: 5.752, 2023-12: 5.441, 2024-03: 0.00096, 2024-06: 4.653, 2024-09: 6.4, 2024-12: 22.653, 2025-03: 22.653, 2025-06: 10.435, 2025-09: 6.323, 2025-12: 10.449, 2026-03: 3.931,
Rev. CAGR: 115.65%
Rev. Trend: 85.4%
Last SUE: -0.87
Qual. Beats: -1

Warnings

Interest Coverage Ratio -17.9 is critical

Beneish M-Score -1.47 > -1.5 - likely earnings manipulation

Altman Z'' -3.91 < 1.0 - financial distress zone

Choppy Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: URG Ur Energy

Ur-Energy Inc. is a U.S.-based uranium mining company focused on the exploration and operation of mineral properties, primarily within Wyoming. Its flagship asset, the Lost Creek project, encompasses approximately 35,400 acres in the Great Divide Basin. The company utilizes in-situ recovery (ISR) technology, a method that extracts uranium by circulating oxygenated groundwater through ore bodies, which generally results in lower surface disturbance and capital costs compared to conventional underground mining.

The uranium sector is currently influenced by a global shift toward nuclear energy as a carbon-free baseload power source, increasing demand for domestic production within the United States. Further details on these industry trends and specific company valuations can be explored on ValueRay. As a domestic producer, Ur-Energy aims to supply nuclear utilities while managing a portfolio of 12 distinct projects across the country.

Headlines to Watch Out For
  • Lost Creek production ramp-up targets increased yellowcake delivery volumes
  • Long-term sales contracts provide revenue stability against spot price volatility
  • Uranium spot price fluctuations impact valuation of uncommitted mineral inventory
  • Federal support for domestic nuclear fuel supply chains boosts operational outlook
  • Regulatory approval timelines for new projects influence long-term production capacity
Piotroski VR-10 (Strict) 0.5
Net Income: -92.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.39 > 0.02 and ΔFCF/TA 9.41 > 1.0
NWC/Revenue: 383.4% < 20% (prev 140.7%; Δ 242.8% < -1%)
CFO/TA -0.21 > 3% & CFO -62.5m > Net Income -92.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 4.44 > 1.5 & < 3
Outstanding Shares: last quarter (388.8m) vs 12m ago 6.69% < -2%
Gross Margin: 12.58% > 18% (prev 0.22%; Δ 1.24k% > 0.5%)
Asset Turnover: 13.12% > 50% (prev 30.82%; Δ -17.69% > 0%)
Interest Coverage Ratio: -17.94 > 6 (EBITDA TTM -75.6m / Interest Expense TTM 4.63m)
Altman Z'' -3.91
A: 0.41 (Total Current Assets 154.1m - Total Current Liabilities 34.7m) / Total Assets 291.6m
B: -1.40 (Retained Earnings -407.8m / Total Assets 291.6m)
C: -0.35 (EBIT TTM -83.0m / Avg Total Assets 237.3m)
D: 0.30 (Book Value of Equity 63.0m / Total Liabilities 208.8m)
Altman-Z'' = -3.91 = D
Beneish M -1.47
DSRI: 2.28 (Receivables 717k/569k, Revenue 31.1m/56.4m)
GMI: 1.72 (GM 12.58% / 21.68%)
AQI: 1.47 (AQ_t 0.11 / AQ_t-1 0.07)
SGI: 0.55 (Revenue 31.1m / 56.4m)
TATA: -0.10 (NI -92.8m - CFO -62.5m) / TA 291.6m)
Beneish M = -1.47 (Cap -4..+1) = D
What is the price of URG shares?

As of May 24, 2026, the stock is trading at USD 1.53 with a total of 7,454,581 shares traded.
Over the past week, the price has changed by -6.63%, over one month by -10.40%, over three months by -5.49% and over the past year by +78.16%.

Is URG a buy, sell or hold?

Ur Energy has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy URG.

  • StrongBuy: 2
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the URG price?
Analysts Target Price 2.3 52.3%
Ur Energy (URG) - Fundamental Data Overview as of 19 May 2026
P/E Forward = 156.25
P/S = 24.2427
P/B = 8.3421
Revenue TTM = 31.1m USD
EBIT TTM = -83.0m USD
EBITDA TTM = -75.6m USD
Long Term Debt = 66.4m USD (from longTermDebt, last fiscal year)
Short Term Debt = 513k USD (from shortTermDebt, last quarter)
Debt = 71.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.80m
Net Debt = -52.2m USD (calculated: Debt 71.0m - CCE 123.3m)
Enterprise Value = 607.4m USD (659.6m + Debt 71.0m - CCE 123.3m)
Interest Coverage Ratio = -17.94 (Ebit TTM -83.0m / Interest Expense TTM 4.63m)
EV/FCF = -5.32x (Enterprise Value 607.4m / FCF TTM -114.1m)
FCF Yield = -18.79% (FCF TTM -114.1m / Enterprise Value 607.4m)
 FCF Margin = -366.5% (FCF TTM -114.1m / Revenue TTM 31.1m)
 Net Margin = -297.9% (Net Income TTM -92.8m / Revenue TTM 31.1m)
 Gross Margin = 12.58% ((Revenue TTM 31.1m - Cost of Revenue TTM 27.2m) / Revenue TTM)
Gross Margin QoQ = 31.65% (prev 14.09%)
Tobins Q-Ratio = 2.08 (Enterprise Value 607.4m / Total Assets 291.6m)
Interest Expense / Debt = 6.51% (Interest Expense 4.63m / Debt 71.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -65.6m (EBIT -83.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.48 (Total Current Assets 154.1m / Total Current Liabilities 44.2m)
Debt / Equity = 0.86 (Debt 71.0m / totalStockholderEquity, last quarter 82.9m)
 Debt / EBITDA = 0.69 (negative EBITDA) (Net Debt -52.2m / EBITDA -75.6m)
 Debt / FCF = 0.46 (negative FCF - burning cash) (Net Debt -52.2m / FCF TTM -114.1m)
 Total Stockholder Equity = 88.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -39.10% (Net Income -92.8m / Total Assets 291.6m)
RoE = -18.70% (Net Income TTM -92.8m / Total Stockholder Equity 496.0m)
RoCE = -14.76% (EBIT -83.0m / Capital Employed (Equity 496.0m + L.T.Debt 66.4m))
 RoIC = -48.88% (negative operating profit) (NOPAT -65.6m / Invested Capital 134.2m)
 WACC = 10.86% (E(659.6m)/V(730.6m) * Re(11.48%) + D(71.0m)/V(730.6m) * Rd(6.51%) * (1-Tc(0.21)))
Discount Rate = 11.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 17.78%
 [DCF] Fair Price = unknown (Cash Flow -114.1m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.36 | # QB: -1
Revenue Correlation: 85.35 | Revenue CAGR: 115.6% | SUE: -0.87 | # QB: -1
EPS current Quarter (2026-06-30): EPS=-0.04 | Chg30d=N/A | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=-0.05 | Chg30d=N/A | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=-0.15 | Chg30d=-67.04% | Revisions=-43% | GrowthEPS=+26.0% | GrowthRev=+185.8%
EPS next Year (2027-12-31): EPS=0.06 | Chg30d=-7.41% | Revisions=+20% | GrowthEPS=+142.2% | GrowthRev=+59.5%
[Analyst] Revisions Ratio: -43%