URG
EnergyUr-Energy Inc. · Uranium · $620M
What is Ur-Energy Inc.?
Ur-Energy Inc. is a small-cap uranium company focused on acquiring, exploring, developing, and operating uranium mineral properties across the United States. Its operations are centered in Wyoming, where domestic uranium production remains strategically relevant.
Ur-Energy generates revenue by producing and selling uranium — primarily as uranium concentrate — sourced from its in-situ recovery operations. The company's flagship Lost Creek project in Wyoming's Great Divide Basin anchors its production base, spanning roughly 48,000 acres across mining claims and mineral leases. Ur-Energy holds interests in twelve US-based projects in total, positioning itself as a domestic uranium producer at a time when energy security and nuclear fuel supply chains are receiving renewed attention.
Ur-Energy was incorporated in 2004 and is headquartered in Littleton, Colorado.
- In-situ uranium recovery operations at Lost Creek, Wyoming
- Uranium mineral property acquisition and exploration
- Domestic uranium concentrate production and sales
- Portfolio of twelve US-based uranium project interests
Is URG a Good Stock to Buy?
UQS Score rates URG as Below Average overall, reflecting meaningful structural challenges alongside some brighter spots.
The Growth and Risk pillars are the relative bright spots in URG's profile. The company operates in a sector experiencing renewed demand interest, and its risk profile is assessed as Good — suggesting the balance sheet and operational exposure are not at extreme levels relative to peers.
The Quality and Moat pillars both register as Weak, indicating that profitability characteristics and competitive durability are areas of concern. Investors should weigh these structural limitations carefully.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does URG pay dividends?
No — Ur-Energy Inc. does not currently pay a dividend.
Ur-Energy does not currently pay a dividend. For an early-stage uranium producer, this is typical — available capital is directed toward project development, exploration activity, and sustaining production operations rather than shareholder distributions. Income-focused investors should look elsewhere in the [energy sector](/sector/energy).
When does URG report earnings?
Ur-Energy reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
As a small-cap uranium producer, Ur-Energy's quarterly results tend to reflect uranium spot price movements, production volumes at Lost Creek, and capital deployment decisions. Revenue visibility can be uneven given the commodity-driven nature of the business.
For the most recent quarter's results and guidance updates, visit Ur-Energy's investor relations page directly.
URG Price History
+16.4% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Ur-Energy Inc.?
Based on Ur-Energy Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
URG Long-term Outlook
URG's Growth pillar is rated Good, suggesting the company has meaningful upside exposure if uranium demand continues to strengthen — particularly as nuclear energy regains policy support in the US and globally. However, the Weak Quality and Moat ratings temper the outlook, as the company's ability to convert growth into durable profitability remains unproven at scale. The Neutral Valuation label indicates the market is not pricing in extreme optimism or pessimism at current levels.
Growth drivers
- Renewed policy and utility interest in domestic uranium supply
- Expansion of production capacity at the Lost Creek project
- Growing nuclear energy demand as a low-carbon baseload source
Key risks
- Uranium spot price volatility directly impacts revenue and margins
- Weak Moat rating signals limited pricing power versus larger producers
- Execution risk tied to scaling a single flagship production asset
URG vs Peers
Ur-Energy operates in a niche corner of the uranium sector alongside several focused peers.
IsoEnergy focuses on uranium exploration and development primarily in Canada's Athabasca Basin, one of the world's highest-grade uranium districts.
Uranium Royalty Corp. takes a royalty and streaming approach to uranium exposure, offering a different risk profile than direct producers like Ur-Energy.
The US-listed shares of Uranium Royalty Corp. provide American investors access to the same royalty-based uranium model without direct operational production risk.
Frequently Asked Questions
What does Ur-Energy do?
Ur-Energy acquires, explores, develops, and operates uranium mineral properties in the United States. Its primary asset is the Lost Creek in-situ recovery project in Wyoming's Great Divide Basin. The company produces uranium concentrate and sells it to utilities and other buyers in the nuclear fuel supply chain.
Does URG pay dividends?
No, Ur-Energy does not currently pay a dividend. The company reinvests available capital into project development and production operations. Investors seeking income from the energy sector should consider dividend-paying alternatives.
When does URG report earnings?
Ur-Energy follows a standard quarterly reporting cadence for US-listed companies. For exact dates and the most recent results, check the investor relations section of Ur-Energy's official website.
Is URG a good stock to buy?
URG carries a Below Average UQS Score, driven by Weak ratings in Quality and Moat. The Growth and Risk pillars are more favorable, reflecting sector tailwinds and a manageable risk profile. Whether it fits your portfolio depends on your risk tolerance and uranium sector conviction. View the full pillar breakdown on UQS Pro.
Is URG overvalued?
URG's Valuation pillar is rated Neutral, suggesting the stock is neither clearly cheap nor obviously expensive relative to its fundamentals. For the detailed valuation metrics behind that label, a UQS Pro membership provides the complete view.
How does URG compare to its competitors?
Ur-Energy is a direct uranium producer, which distinguishes it from royalty-model peers like Uranium Royalty Corp. Compared to exploration-focused companies, Ur-Energy has an operating production asset in Lost Creek. Each peer carries a different risk-return profile within the uranium theme.
What is URG's market cap bracket?
Ur-Energy is classified as a small-cap company. This means it carries higher volatility and liquidity risk compared to large- or mega-cap peers, but may also offer greater upside exposure if its uranium projects scale successfully.
Who founded Ur-Energy?
Ur-Energy was incorporated in 2004. Founding details are part of the company's public corporate history, available through its official investor relations materials and regulatory filings.
Is URG a long-term quality investment?
From a long-term quality standpoint, URG's Below Average UQS Score — anchored by Weak Quality and Moat ratings — suggests the company has not yet demonstrated the durable competitive advantages or consistent profitability that define high-quality long-term holdings. The Growth pillar offers some optimism, but structural quality matters over time.
What is the main competitive advantage of Ur-Energy?
Ur-Energy's primary advantage is its operational US-based uranium production at Lost Creek, which positions it as a domestic supplier at a time of growing interest in energy security. However, the UQS Moat pillar rates this advantage as Weak, indicating it may not be deeply defensible against larger or better-capitalized producers.
What sector does URG belong to?
Ur-Energy operates in the Energy sector, specifically within uranium mining and production. It is part of the nuclear fuel supply chain, which has attracted renewed investor interest as governments reconsider nuclear power as a low-carbon energy source. Explore more [energy sector stocks](/sector/energy) on UQS Score.
Is URG a growth stock or value stock?
URG leans toward the growth side of the spectrum — its Growth pillar is rated Good, reflecting meaningful upside exposure to rising uranium demand. The Valuation pillar is Neutral, so it is not priced as a deep-value opportunity. It is best characterized as a speculative growth play within a commodity-driven sector.
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Pro Analysis
URG — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 31.2 | 0.0 | 12.0 | 55.6 | 63.8 | 50.3 | -0.5 |
| May 7, 2026 | 31.7 | 0.0 | 12.0 | 55.6 | 62.8 | 54.7 | -0.1 |
| May 3, 2026 | 31.8 | 0.0 | 12.0 | 55.6 | 62.8 | 55.1 | -0.1 |
| Apr 26, 2026 | 31.9 | 0.0 | 12.0 | 55.6 | 62.8 | 55.6 | 0.0 |
| Apr 22, 2026 | 31.9 | 0.0 | 12.0 | 55.6 | 62.8 | 56.1 | -2.0 |
| Apr 19, 2026 | 33.9 | 0.0 | 12.0 | 65.4 | 62.8 | 56.1 | -0.1 |
| Apr 14, 2026 | 34.0 | 0.0 | 12.0 | 65.4 | 62.8 | 56.6 | 0.0 |
| Apr 12, 2026 | 34.0 | 0.0 | 12.0 | 65.4 | 62.8 | 57.0 | 0.0 |
| Apr 8, 2026 | 34.0 | 0.0 | 12.0 | 65.4 | 62.8 | 56.8 | +0.3 |
| Apr 5, 2026 | 33.7 | 0.0 | 12.0 | 65.4 | 62.8 | 54.5 | -0.1 |
URG — Pillar Breakdown
Quality
— 0.0/100 (25%)Ur-Energy Inc. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 55.6/100 (20%)Ur-Energy Inc. demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 63.8/100 (15%)Ur-Energy Inc. maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 50.0/100 (15%)Ur-Energy Inc. has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Moat
— 12/100 (25%)Ur-Energy Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for URG.
Score Composition
Financial Data
More Stock Analysis
How is the URG UQS Score Calculated?
The UQS (Unified Quality Score) for Ur-Energy Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Ur-Energy Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Ur-Energy Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.