Northwire Canada EditionMonday, August 24, 2026
Northwire
GOLD 4714.70 +0.7% SILVER 68.67 −1.2% COPPER 6.62 +0.4% OIL 85.08 −2.3% PALLADIUM 1369.00 +1.4% CGD 1.27 +7.6% CRE 0.370 +7.2% PE 0.250 +0.0% PER 0.145 +3.6% SVRS 0.560 +12.0% EML 0.225 −4.3% AVU 0.040 +0.0% LIB 0.760 +0.0% SHL 0.400 −3.6% RRI 0.400 +9.6% FFM 1.87 +0.0% TBK 0.350 −2.8% AHR 1.10 −1.8% VGD 0.140 +7.7% HART 0.240 +0.0% XGC 0.230 +0.0% GOLD 4714.70 +0.7% SILVER 68.67 −1.2% COPPER 6.62 +0.4% OIL 85.08 −2.3% PALLADIUM 1369.00 +1.4% CGD 1.27 +7.6% CRE 0.370 +7.2% PE 0.250 +0.0% PER 0.145 +3.6% SVRS 0.560 +12.0% EML 0.225 −4.3% AVU 0.040 +0.0% LIB 0.760 +0.0% SHL 0.400 −3.6% RRI 0.400 +9.6% FFM 1.87 +0.0% TBK 0.350 −2.8% AHR 1.10 −1.8% VGD 0.140 +7.7% HART 0.240 +0.0% XGC 0.230 +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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