Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026
Basics
Sector
Energy
Industry
Uranium
Country
United States
Market cap
290.4M USD
Enterprise value
283.6M USD
Full-time employees
157
Overall health
Strength:growing faster than most peersgrowing faster than peers
Strength:lower risk than most peers: more short-term liquiditylower risk: more liquidity
Drawback:less profitable than most peersless profitable than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:its share price swings more than most peers’ (beta 0.86 vs a peer median of 0.57), though less than the overall marketbigger price swings (beta 0.86 vs peers 0.57)
Drawback:more debt relative to equity (1.29× vs a peer median of 0.47×)more debt vs equity (1.29× vs peers 0.47×)
Shareholders being diluted. Shares outstanding up 77% from December 2022 to July 2026.
Ur-Energy had 77% more shares at July 2026 than at December 2022, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Ur-Energy had 77% more shares at July 2026 than at December 2022, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Not profitable yet. Reported a loss in the 12 months to June 2026.
Ur-Energy reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Revenue is falling. Revenue fell 11% in the 12 months to June 2026 vs the 12 months before.
Ur-Energy's revenue fell 11% in the 12 months to June 2026 vs the 12 months before.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-30.5%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield-23.7%
Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -2.33Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-36.0%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Why it changed since the Oct 27, 2026 close: Score 0 → 1
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score -2.58Sector median: 0.4659 · MAD: 0.3175
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Ur-Energy
Is Ur-Energy getting weaker?
Its latest SEC filing (Aug 10, 2026) showed no major changes. Its overall score is unchanged at 34/100 since Oct 28, 2026.
How is Ur-Energy valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 2/100 against 404 energy peers.Earnings yield -30.5% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -30.5% vs peers 5.2% (weaker than 100% of peers).
Is Ur-Energy growing?
Yes, faster than most of its peers. Growth scores 61/100 against 404 energy peers.3-year revenue growth 75.5% vs a peer median of -1.3% (stronger than 95% of peers).3-year revenue growth 75.5% vs peers -1.3% (stronger than 95% of peers).Revenue growth -11.2% vs a peer median of 0.5% (weaker than 78% of peers).Revenue growth -11.2% vs peers 0.5% (weaker than 78% of peers).
How profitable is Ur-Energy?
Less profitable than most of its peers. Profitability scores 1/100 against 404 energy peers.Operating margin -218.2% vs a peer median of 11.7% (weaker than 100% of peers).Operating margin -218.2% vs peers 11.7% (weaker than 100% of peers).
How risky is Ur-Energy?
Lower risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 4.00× vs a peer median of 1.37× (stronger than 92% of peers).Current ratio 4.00× vs peers 1.37× (stronger than 92% of peers).Debt / equity 1.29× vs a peer median of 0.47× (weaker than 80% of peers).Debt / equity 1.29× vs peers 0.47× (weaker than 80% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 10, 2026 · compared with the quarter ended Dec 31, 2025
No major changes
Worth watching: Ur-Energy is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
27.2M USD
35.1M USD
+28.9%
Net income (12 months)
−92.8M USD
−88.5M USD
−4.6%
Operating margin
-271.5%
-218.2%
+53.3 pts
Free cash flow (12 months)
−94.5M USD
−104.5M USD
+10.5%
Cash
122.8M USD
95.3M USD
−22.5%
Shares outstanding
397.3M
397.9M
+0.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Uranium companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
-43650.0%
-36010.5%
-9.5%
-26.6%
0.3%
▲ 27 pts
Operating margin
-104731.3%
-104178.9%
-174.5%
-187.2%
-255.0%
▼ 68 pts
Net margin
-143362.5%
-90210.5%
-173.4%
-157.8%
-275.3%
▼ 117 pts
Return on assets (ROA)
-19.0%
-15.9%
-23.9%
-27.4%
-27.5%
▼ 0.1 pts
Return on equity (ROE)
-33.1%
-27.4%
-40.9%
-40.1%
-96.7%
▼ 57 pts
Free cash flow margin
-80550.0%
-98947.4%
-107.6%
-240.2%
-245.3%
▼ 5.1 pts
Current ratio
7.81×
6.66×
6.35×
5.99×
5.44×
▼ 9.1%
Quick ratio
6.54×
5.16×
6.09×
4.91×
4.56×
▼ 7.1%
Debt to equity
0.32×
0.18×
0.08×
0.00×
—
—
Interest coverage
-22.86×
-42.75×
-51.40×
-187.76×
-35.63×
▲ 81%
URG price history
Price history is added with the daily price update and will appear after the next one.