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URG on NYSE

UR-ENERGY INC

UR-ENERGY INC is a gold and Silver Ores company, listed on NYSE (URG).1 It is headquartered in Casper, Wyoming.1

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Last updated Oct 21, 2026.

Overview

Compare with Integra Resources Corp., HYCROFT MINING HOLDING CORP or Fortitude Gold Corp, or pick any stock.

  • TickerURG on NYSE1
  • IndustryGold and Silver Ores1
  • HeadquartersCasper, Wyoming1
  • Incorporated inCanada (Federal Level)2
  • Business address1478 Willer Drive, Casper, Wy 826042
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

0.3%Gross margin3
-255.0%Operating margin3
-275.3%Net margin3
-19.3%Revenue growth, 20253
-96.7%Return on equity3
-$66.7MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue100¢$27.1M

Out of $27.2M in revenue.3 The company lost money this year.

Financial statements

Revenue4563$27.2M in 2025−16% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $32.3M$32.3M20192020: $8.3M$8.3M2020−74%2021: $16.0K$16.0K2021−100%2022: $19.0K$19.0K2022+19%2023: $17.7M$17.7M2023+92947%2024: $33.7M$33.7M2024+91%2025: $27.2M$27.2M2025−19%
Gross profit78563$74.0K in 2025−96% since 2019
-$10.0M-$5.0M0$5.0M2019: $2.0M$2.0M20192020: -$4.7M-$4.7M20202021: -$7.0M-$7.0M2021+50%2022: -$6.8M-$6.8M2022−2%2023: -$1.7M-$1.7M2023−75%2024: -$9.0M-$9.0M2024+432%2025: $74.0K$74.0K2025
Operating income78563-$69.4M in 2025+738% since 2019
-$80.0M-$60.0M-$40.0M-$20.0M02019: -$8.3M-$8.3M20192020: -$13.3M-$13.3M2020+61%2021: -$16.8M-$16.8M2021+26%2022: -$19.8M-$19.8M2022+18%2023: -$30.8M-$30.8M2023+56%2024: -$63.1M-$63.1M2024+105%2025: -$69.4M-$69.4M2025+10%
Net income78563-$74.9M in 2025+790% since 2019
-$80.0M-$60.0M-$40.0M-$20.0M02019: -$8.4M-$8.4M20192020: -$14.8M-$14.8M2020+76%2021: -$22.9M-$22.9M2021+55%2022: -$17.1M-$17.1M2022−25%2023: -$30.7M-$30.7M2023+79%2024: -$53.2M-$53.2M2024+74%2025: -$74.9M-$74.9M2025+41%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2025-12-312024-12-31
Sales$27.2M$33.7M
Cost of sales-$27.1M-$42.7M
Gross profit (loss)$74.0K-$9.0M
Operating costs-$69.5M-$54.1M
Operating profit (loss)-$69.4M-$63.1M
Interest income$2.4M$3.7M
Interest expense-$1.9M-$336.0K
Mark to market gain (loss)-$6.1M$6.4M
Foreign exchange gain (loss)-$26.0K$80.0K
Other income (loss)$172.0K$35.0K
Net income (loss)-$74.9M-$53.2M
Foreign currency translation adjustment-$145.0K$471.0K
Comprehensive income (loss)-$75.0M-$52.7M
Basic-$0.20-$0.17
Diluted-$0.20-$0.17
Basic368.4M shares317.7M shares
Diluted368.4M shares317.7M shares

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Corporate structure

UR-ENERGY INC sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of UR-ENERGY INC

  • UR-ENERGY INC Casper, Wyoming

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What UR-ENERGY INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$78.5M3 Dec 31, 2025$52.9M3 Dec 31, 2024+48.4%
Accumulated depreciation$28.8M3 Dec 31, 2025$25.6M3 Dec 31, 2024+12.5%
Property and equipment, net$49.7M3 Dec 31, 2025$27.3M3 Dec 31, 2024+82.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$123.9M3 Dec 31, 2025$76.1M3 Dec 31, 2024+62.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$24.3M3 Dec 31, 2025$20.7M3 Dec 31, 2024+17.1%
Work in process$201.0K3 Dec 31, 2025$42.0K3 Dec 31, 2024+378.6%

Leadership

Who has led UR-ENERGY INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Wayne W. Heili2014–2015
  2. Jeffrey T. Klenda2016–2021
  3. Matthew David Gili2025–now

Chair

  1. Jeffrey T. Klenda2014–2022

President

  1. Wayne W. Heili2014–2015
  2. Jeffrey T. Klenda2017–2022
  3. Matthew David Gili2025–now

Chief operating officer

  1. Steven M. Hatten2022–now
201520202025
Board members and other officers (18)

Timeline

  1. Aug 10, 20268-K Results of operations35
  2. Jun 5, 20268-K Shareholder vote36
  3. May 11, 20268-K Results of operations37
  4. Apr 16, 20268-K Other events38
  5. Mar 12, 20268-K Results of operations; Regulation FD disclosure39
  6. Dec 29, 2025New chief executive Matthew David Gili becomes CEO12
  7. Dec 15, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares40
  8. Dec 8, 20258-K Executive or director change41
  9. Nov 25, 20258-K Other events42
  10. Nov 4, 20258-K Results of operations43
  11. Oct 20, 20258-K Other events44
  12. Oct 14, 20258-K Change in control; Regulation FD disclosure45
  13. Sep 23, 20258-K Other events46
  14. Dec 20, 2016New chief executive Jeffrey T. Klenda becomes CEO13
  15. Jan 10, 2014New chief executive Wayne W. Heili becomes CEO14

Calendar

Coming up

  1. Nov 2, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.07) a share, on Nov 3, 2025.47

When it reported results

  1. Aug 10, 2026Reported quarterly or annual results35
  2. May 11, 2026Reported quarterly or annual results37
  3. Mar 12, 2026Reported quarterly or annual results39
  4. Nov 4, 2025Reported quarterly or annual results43
  5. Aug 5, 2025Reported quarterly or annual results48
  6. Jul 15, 2025Reported quarterly or annual results49
  7. May 12, 2025Reported quarterly or annual results50
  8. Apr 17, 2025Reported quarterly or annual results51

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

346 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 58 major events, 184 insider forms, 35 large holders, 46 other. The latest 20:

  1. Sep 25, 20264 PRIMARY DOCUMENT EDGAR
  2. Sep 15, 20264 PRIMARY DOCUMENT EDGAR
  3. Aug 26, 20264 PRIMARY DOCUMENT EDGAR
  4. Aug 26, 20264 PRIMARY DOCUMENT EDGAR
  5. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  6. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  7. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  8. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  9. Aug 24, 20264 PRIMARY DOCUMENT EDGAR
  10. Aug 24, 20264 EDGAR
  11. Aug 10, 202610-Q EDGAR
  12. Aug 10, 20268-K EDGAR
  13. Aug 7, 2026SCHEDULE 13G EDGAR
  14. Jul 30, 2026SCHEDULE 13G EDGAR
  15. Jun 5, 20268-K EDGAR
  16. May 12, 2026SCHEDULE 13G EDGAR
  17. May 11, 20268-K EDGAR
  18. May 11, 2026SCHEDULE 13G/A EDGAR
  19. May 8, 202610-Q EDGAR
  20. Apr 24, 2026DEFA14A EDGAR

The 346 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

70 open-market trades by officers, directors and large owners since October 2021: 6 buys and 64 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 24, 2026Walle JadeVICE PRESIDENT FINANCEBuy96,556$1.14$110.1KForm 4
Sep 11, 2026Walle JadeVICE PRESIDENT FINANCEBuy75,581$1.29$97.5KForm 4
Aug 25, 2026Parker Thomas HDirectorSale87,858$1.48$130.0KForm 4
Aug 25, 2026HUBER GARY CDirectorSale87,858$1.48$130.0KForm 4
Aug 24, 2026RITCHIE DAVID A.GENERAL COUNSEL/CORP SECRETARYBuy10,000$1.42$14.2KForm 4
Aug 24, 2026CASH JOHNDirectorSale77,751$1.41$109.6KForm 4
Aug 24, 2026Chang Robby Sai KitDirectorSale75,588$1.41$106.6KForm 4
Aug 24, 2026SMITH ROGER L.CHIEF FINANCIAL OFFICERSale103,536$1.43$148.1KForm 4
Aug 21, 2026WALKER KATHY EDirectorSale72,838$1.38$100.5KForm 4
Aug 21, 2026HATTEN STEVEN M.Chief Operating OfficerSale81,576$1.39$113.4KForm 4
Mar 18, 2026Walle JadeVICE PRESIDENT FINANCEBuy107,900$1.39$150.0KForm 4
Nov 20, 2025Walle JadeVICE PRESIDENT FINANCEBuy144,000$1.27$182.9KForm 4
Nov 14, 2025Gili Matthew DavidPRESIDENT, CEOBuy155,000$1.21$187.6KForm 4
Nov 12, 2025HUBER GARY CDirectorSale50,000$1.29$64.5KForm 4
Nov 11, 2025CASH JOHNDirectorSale189,303$1.27$240.4KForm 4
Nov 10, 2025GOPLERUD PENNE AGen Counsel and Corp SecretarySale226,630$1.29$292.4KForm 4
Nov 10, 2025HUBER GARY CDirectorSale50,000$1.29$64.5KForm 4
Nov 6, 2025WALKER KATHY EDirectorSale74,727$1.32$98.6KForm 4
Sep 25, 2025Chang Robby Sai KitDirectorSale213,914$1.75$374.4KForm 4
Sep 24, 2025SMITH ROGER L.CHIEF FINANCIAL OFFICERSale252,087$1.68$423.5KForm 4

All 70 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alps Advisors Inc53,342,805$72.5M0.3%+4,440,614
BlackRock, Inc.28,629,123$38.9M0.0%+22,087,068
State Street Corp26,406,963$35.9M0.0%+5,182,401
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.26,199,053$35.6M0.0%+549,697
Van Eck Associates Corp23,446,633$31.9M0.0%New
Manufacturers Life Insurance Company, The16,619,368$22.6M0.0%+103,358
Vanguard Capital Management LLC15,697,020$21.3M0.0%+203,078
Azarias Capital Management, L.P.13,199,479$18.0M7.8%−404,825
Geode Capital Management, LLC9,320,595$12.7M0.0%+5,540,265
Vident Advisory, LLC7,715,350$10.5M0.1%+431,763
Lloyd Harbor Capital Management, LLC4,976,507$6.8M7.9%−1,279,200
Goehring & Rozencwajg Associates, LLC4,384,124$6.0M0.3%+131,030
Nomura Holdings Inc4,224,350$5.7M0.0%+278,077
Deutsche Bank Ag\3,415,364$4.6M0.0%−488,310
Northern Trust Corp3,006,245$4.1M0.0%+2,282,580
Vanguard Portfolio Management LLC2,629,239$3.6M0.0%New
Vanguard Fiduciary Trust Co2,582,427$3.5M0.0%+447,934
Tidal Investments LLC1,916,937$2.6M0.0%+1,898,522
Defiance ETFs, LLC1,911,854$2.6M0.0%New
GeoSphere Capital Management, LLC1,875,507$2.6M1.3%−500,000
Marex Group Ltd1,250,000$1.7M0.0%+950,000
Two Sigma Investments, LP1,215,929$1.7M0.0%+336,671
Charles Schwab Investment Management Inc1,201,521$1.6M0.0%+1,026,342
Hennion & Walsh Asset Management, Inc.1,112,104$1.5M0.0%+195,273
Summit Financial, LLC1,012,927$1.4M0.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How UR-ENERGY INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARUR-ENERGY INC1
  • CIK0001375205
  • Employer ID (EIN)00-000000064
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company64
  • Incorporated inCanada64
  • Fiscal year endsDecember 311
  • Industry code (SIC)1040 Gold and Silver Ores1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address1478 Willer Drive, Casper, WY 826041
  • Phone720-981-45881
  • Shares outstanding397,863,720 as of Jul 31, 202610
  • Public float$300.2M as of Jun 30, 202564
  • AuditorBDO USA, P.C., Spokane, Washington PCAOB ID 243; no auditor attestation of internal control over financial reporting64
  • On EDGAR sinceSep 7, 20061
  • Filings1,115 in all: 4 (478), 6-K (187), 8-K (158), 10-Q (38), SC 13G/A (28), 424B5 (22), 3 (20), UPLOAD (19)1
    All 38 form types

    CORRESP (18), 4/A (17), SC 13G (15), SCHEDULE 13G/A (14), 10-K (13), DEF 14A (13), 424B3 (8), SCHEDULE 13G (8), EFFECT (7), S-3 (7), DEFA14A (6), FWP (4), S-8 (4), 40-F (3), D (3), SD (3), 10-K/A (2), 20-F (2), 6-K/A (2), 8-K/A (2), F-X (2), PRE 14A (2), REGDEX (2), S-3/A (2), 10-Q/A (1), 20-F/A (1), 40FR12B (1), 40FR12B/A (1), CERTAMX (1), NT 10-K (1)

  • Latest filingsAnnual report (10-K) Mar 10, 2026
    Quarterly report (10-Q) Aug 10, 2026
    Proxy statement (DEF 14A) Apr 24, 2026
    Latest 8-K (8-K) Aug 10, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares, no par valueURGNYSE American

From the cover page of the 10-K filed Mar 10, 2026 (Section 12(b) of the Exchange Act).64

Risk factors and legal proceedings

The risks UR-ENERGY INC names in Item 1A of its 10-K filed Mar 10, 2026: 37 risks under these headings, as written.64

  • We have entered into term sales contracts for a portion of our Lost Creek and Shirley Basin production; however, we may be unable to enter into additional term sales contracts in the future on suitable terms and conditions.
  • The uranium market, including the price of U3O8, is volatile and has limited customers.
  • The uranium industry is highly competitive, and nuclear energy competes with other energy sources.
  • Lack of acceptance of, or outright opposition to, nuclear energy could impede our business.
  • Operational and related challenges may continue as we return to steady-state operations at Lost Creek and complete the build out and commissioning of production operations at Shirley Basin. Delays may affect our timely delivery into contractual commitments.
  • Our mining operations involve significant hazards and risks and the possibility of uninsured losses.
  • Our mineral resource estimates may not be reliable and are inherently more uncertain than estimates of proven and probable reserves. There is risk and increased uncertainty to commencing and conducting production without established mineral reserves.
  • We are depleting our mineral resources and must develop additional resources to sustain ongoing operations.
  • Our property title and rights may be uncertain and could be challenged.
  • Our mining operations are subject to numerous environmental laws, regulations and licensing and permitting requirements that can delay production and adversely affect operating and development costs.
  • Possible amendments to the General Mining Law could make it more difficult or impossible for us to execute our business plan.
  • We depend on services of our management and key personnel, contractors and service providers, and the timely availability of such individuals and providers cannot be assured.
The other 25 risks
  • Our results of exploration and ultimate production are highly uncertain.
  • Our proprietary data, technology and intellectual property may be compromised or lost, which could result in a decreased competitive advantage and/or loss to the value of such assets.
  • Climate change and climate change legislation or regulations could impact our operations.
  • Risks Factors Related to our Financing and Financial Circumstances
  • The uranium mining industry is capital intensive, and we may be unable to raise necessary funding.
  • Production, operating and capital cost estimates may be inaccurate.
  • Our indebtedness could limit the cash flow available for our operations and expose us to risks that could adversely affect our business, financial condition and results of operations.
  • We may incur substantially more debt or take other actions, which would intensify the risks associated with our indebtedness.
  • The conversion feature of the Convertible Notes, if triggered, may adversely affect our financial condition.
  • Risks Related to our Common Shares
  • We have never paid dividends and do not currently expect to do so in the near future. Therefore, if our share price does not appreciate, our investors may not realize gains and could potentially lose on their investment in our shares.
  • The trading price of our common shares may continue to experience substantial volatility.
  • Conversion of the Convertible Notes may dilute the ownership interest of our shareholders or may otherwise depress the price of our common shares.
  • The capped call transactions may affect the market price of our common shares.
  • We are subject to counterparty risk with respect to the capped call transactions, and the capped call transactions may not operate as planned.
  • Provisions in the indenture governing the Convertible Notes could delay or prevent an otherwise beneficial takeover of us.
  • Failure to meet the listing maintenance criteria of the NYSE American or the TSX may result in the delisting of our common shares, which could result in lower trading volumes and liquidity, lower prices of our common shares and make it more difficult for us to raise capital.
  • Investors may experience future dilution as a result of additional equity offerings.
  • We may be a passive foreign investment company and there may be adverse U.S. federal income tax consequences to U.S. shareholders under the passive foreign investment company rules.
  • General Risk Factors
  • Our insurance coverage, bonding surety arrangements and indemnifications for our inventory could be insufficient or change in adverse ways in the future.
  • We are dependent on information technology systems, which are subject to certain risks, including cybersecurity risks and data leakage risks associated with implementation and integration.
  • We are subject to risks associated with litigation, governmental or regulatory investigations or challenges, and other legal proceedings.
  • We may develop conflicts of interest with other mining or natural resource companies with which one of our directors may be affiliated. Our directors may allocate their time to other businesses thereby causing conflicts of interest in their determination as to how much time to devote to our affairs.
  • Acquisitions and integration may disrupt our business, and we may not obtain full anticipated value of certain acquisitions due to the condition of the markets.
  • Inflation and supply chain challenges are likely to continue for the foreseeable future.
  • Global conflicts and geopolitics continue to have implications to the global economy and energy supplies; as a result, the impact to the nuclear fuel market remains uncertain.
  • Changing global and regional political and economic conditions could adversely impact our business.

Sources

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