Northwire Canada EditionWednesday, October 21, 2026
Northwire
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GOLD 4155.20 +0.3% SILVER 57.83 −0.3% COPPER 6.58 −0.4% OIL 96.83 −1.0% PALLADIUM 1091.75 −1.2% ARU 0.225 +0.0% RCK 0.650 +1.6% ZFR 0.055 +0.0% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0% IAU 2.10 −0.5% MOG 0.475 +1.1% NWST 0.260 +2.0% PLY 0.040 +0.0% LXE 0.200 −16.7% RSMX 0.100 +0.0% ANK 0.390 +0.0% PPTA 26.24 −0.2% AXO 1.00 +0.0% CLV 0.120 +0.0% GOLD 4155.20 +0.3% SILVER 57.83 −0.3% COPPER 6.58 −0.4% OIL 96.83 −1.0% PALLADIUM 1091.75 −1.2% ARU 0.225 +0.0% RCK 0.650 +1.6% ZFR 0.055 +0.0% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0% IAU 2.10 −0.5% MOG 0.475 +1.1% NWST 0.260 +2.0% PLY 0.040 +0.0% LXE 0.200 −16.7% RSMX 0.100 +0.0% ANK 0.390 +0.0% PPTA 26.24 −0.2% AXO 1.00 +0.0% CLV 0.120 +0.0%
Earnings Routine +

Ur-Energy Reports Q1 2026 Results and Announces Conference Call and Webcast

Ur-Energy Confirms Shirley Basin Operations and Cost Efficiency Gains in Q1 2026

Executive Summary

Operational Performance

  • Lost Creek production increased 41% quarter-over-quarter (QoQ) to 110,314 lbs U3O8 captured.
  • Production is up 48% year-over-year (YoY) compared to Q1 2025.
  • Dried and packaged volume reached 95,599 lbs; shipped 103,956 lbs.
  • Inventory at the conversion facility ended the quarter at 417,231 lbs, up 14% from Q4 2025.
Material Impact

Execution Validation

  • The commencement of Shirley Basin operations was announced on April 23, 2026; this Q1 earnings release confirms the operational milestone and financial integration.
  • While positive, the news is largely a confirmation of previously announced strategic milestones rather than a surprise development.
  • The reduction in cash costs to $37.51/lb represents a material improvement over the FY2025 average of $42.89/lb, enhancing margin potential significantly given current sales prices near $71/lb.
URE · Price
Company Overview

Corporate Profile

  • Ur-Energy is a U.S.-based uranium producer focused on In Situ Recovery (ISR) mining in Wyoming.
  • Flagship Project: Lost Creek ISR Mine (Sweetwater County, Wyoming).
  • Secondary Project: Shirley Basin ISR Mine (Sweetwater County, Wyoming), now operational as of April 2026.
Read the original news release →

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