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Ur-Energy Inc. (URG) Stock Fundamental Analysis & AI Rating 2026

URG NYSE Gold and Silver Ores Z4 CIK: 0001375205
Recently Updated • Analysis: Apr 18, 2026 • SEC Data: 2025-12-31
STRONG SELL
88% Conf
Pending
Analysis scheduled

📊 URG Key Takeaways

Revenue: $27.2M
Net Margin: -275.3%
Free Cash Flow: $-66.7M
Current Ratio: 5.44x
Debt/Equity: 0.09x
EPS: $-0.20
AI Rating: STRONG SELL with 88% confidence
Ur-Energy Inc. (URG) receives a STRONG SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $27.2M, net profit margin of -275.3%, and return on equity (ROE) of -96.7%, Ur-Energy Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete URG stock analysis for 2026.

Is Ur-Energy Inc. (URG) a Good Investment?

Claude

UR-Energy exhibits severe fundamental deterioration with massive operating losses of -$69.4M, negligible gross margins of 0.3%, and substantial free cash flow burn of -$66.7M, indicating the uranium mining business is currently deeply unprofitable. Revenue declined 19.3% YoY while the company burns cash operationally, leaving only ~1.8 years of runway at current burn rates despite a $123.9M cash position. Structural profitability challenges and negative cash generation make this a high-risk position requiring significant operational turnaround or capital dilution.

Why Buy Ur-Energy Inc. Stock? URG Key Strengths

Claude
  • + Strong cash position of $123.9M provides near-term financial runway
  • + Low leverage with Debt/Equity ratio of 0.09x and minimal long-term debt obligations
  • + Excellent liquidity ratios (5.44x current, 4.56x quick) ensure short-term solvency

URG Stock Risks: Ur-Energy Inc. Investment Risks

Claude
  • ! Massive operating losses of -$69.4M with operating margin of -255% indicate core business dysfunction
  • ! Negligible gross margin of 0.3% suggests fundamental production or pricing challenges that threaten viability
  • ! Declining revenue (-19.3% YoY) combined with negative operating and free cash flows (-$43.1M and -$66.7M) indicate unsustainable burn rate
  • ! Commodity exposure to uranium prices creates earnings volatility; mining sector cyclicality poses recovery uncertainty

Key Metrics to Watch

Claude
  • * Revenue stabilization and YoY growth trajectory
  • * Gross margin improvement pathway toward breakeven operations
  • * Operating cash flow inflection point and free cash flow recovery
  • * Remaining cash runway and likelihood of future capital raises or dilution

Ur-Energy Inc. (URG) Financial Metrics & Key Ratios

Revenue
$27.2M
Net Income
$-74.9M
EPS (Diluted)
$-0.20
Free Cash Flow
$-66.7M
Total Assets
$272.5M
Cash Position
$123.9M

💡 AI Analyst Insight

Strong liquidity with a 5.44x current ratio provides a solid financial cushion.

URG Profit Margin, ROE & Profitability Analysis

Gross Margin 0.3%
Operating Margin -255.0%
Net Margin -275.3%
ROE -96.7%
ROA -27.5%
FCF Margin -245.3%

URG vs Market Sector: How Ur-Energy Inc. Compares

How Ur-Energy Inc. compares to Market sector averages

Net Margin
URG -275.3%
vs
Sector Avg 12.0%
URG Sector
ROE
URG -96.7%
vs
Sector Avg 15.0%
URG Sector
Current Ratio
URG 5.4x
vs
Sector Avg 1.8x
URG Sector
Debt/Equity
URG 0.1x
vs
Sector Avg 0.7x
URG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ur-Energy Inc. Stock Overvalued? URG Valuation Analysis 2026

Based on fundamental analysis, Ur-Energy Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-96.7%
Sector avg: 15%
Net Profit Margin
-275.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.09x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ur-Energy Inc. Balance Sheet: URG Debt, Cash & Liquidity

Current Ratio
5.44x
Quick Ratio
4.56x
Debt/Equity
0.09x
Debt/Assets
17.4%
Interest Coverage
-77.09x
Long-term Debt
$7.1M

URG Revenue & Earnings Growth: 5-Year Financial Trend

URG 5-year financial data: Year 2018: Revenue $38.4M, Net Income N/A, EPS N/A. Year 2019: Revenue $38.4M, Net Income N/A, EPS N/A. Year 2020: Revenue $32.3M, Net Income N/A, EPS $0.03. Year 2022: Revenue $8.3M, Net Income -$14.8M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ur-Energy Inc.'s revenue has declined by 78% over the 5-year period, indicating business contraction. The most recent EPS of $-0.17 indicates the company is currently unprofitable.

URG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-245.3%
Free cash flow / Revenue

URG Quarterly Earnings & Performance

Quarterly financial performance data for Ur-Energy Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $6.3M -$8.0M $-0.02
Q2 2025 $4.7M -$6.6M $-0.02
Q1 2025 N/A -$10.9M $-0.03
Q3 2024 $5.8M -$8.0M $-0.02
Q2 2024 $39.0K -$6.6M $-0.02
Q1 2024 N/A -$713.0K $0.00
Q3 2023 N/A -$5.0M $-0.03
Q2 2023 $19.0K -$353.0K $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ur-Energy Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$43.1M
Cash generated from operations
Capital Expenditures
$23.6M
Investment in assets
Dividends
None
No dividend program

URG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ur-Energy Inc. (CIK: 0001375205)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 8-K tm2610087d6_8k.htm View →
Mar 19, 2026 4 xslF345X06/section16.xml View →
Mar 12, 2026 8-K urg-20260310x8k.htm View →
Mar 10, 2026 10-K urg-20251231x10k.htm View →
Jan 22, 2026 4 xslF345X05/section16.xml View →

Frequently Asked Questions about URG

What is the AI rating for URG?

Ur-Energy Inc. (URG) has an AI rating of STRONG SELL with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are URG's key strengths?

Claude: Strong cash position of $123.9M provides near-term financial runway. Low leverage with Debt/Equity ratio of 0.09x and minimal long-term debt obligations.

What are the risks of investing in URG?

Claude: Massive operating losses of -$69.4M with operating margin of -255% indicate core business dysfunction. Negligible gross margin of 0.3% suggests fundamental production or pricing challenges that threaten viability.

What is URG's revenue and growth?

Ur-Energy Inc. reported revenue of $27.2M.

Does URG pay dividends?

Ur-Energy Inc. does not currently pay dividends.

Where can I find URG SEC filings?

Official SEC filings for Ur-Energy Inc. (CIK: 0001375205) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is URG's EPS?

Ur-Energy Inc. has a diluted EPS of $-0.20.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is URG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ur-Energy Inc. has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is URG stock overvalued or undervalued?

Valuation metrics for URG: ROE of -96.7% (sector avg: 15%), net margin of -275.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy URG stock in 2026?

Our dual AI analysis gives Ur-Energy Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is URG's free cash flow?

Ur-Energy Inc.'s operating cash flow is $-43.1M, with capital expenditures of $23.6M. FCF margin is -245.3%.

How does URG compare to other Market stocks?

Vs Default sector averages: Net margin -275.3% (avg: 12%), ROE -96.7% (avg: 15%), current ratio 5.44 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 18, 2026 | Data as of: 2025-12-31 | Powered by Claude AI