Ur Energy Inc Common Shares (Canada) (URG)

FairStock Score: 27/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn consistent profits and generate cash, and Ur-Energy does not yet fit that mold. It is a US uranium developer and operator with the Lost Creek project, but in fiscal Q2 2026, the quarter ended 2026-06-30, it reported revenue of $14.4M and a net loss of $16.7M, or -$0.04 per share. For FY2025, the year ended 2025-12-31, revenue was $27.2M and the net loss was $74.9M, or -$0.20 per share. The pattern is poor: FY2024 revenue was $33.7M with a $53.2M loss, and FY2023 revenue was $17.7M with a $30.7M loss. Peter Lynch's rules find no category because the company has lost money in each of the last four years. Free cash flow is deeply negative: TTM FCF is -$104.5M and FCF yield is -29.5%. Financial health metrics are weak: ROE -103.50%, ROCE -21.65%, debt-to-equity 1.29, Piotroski 3/9, and Altman Z-score -0.91. Uranium is a commodity, so pricing power is limited; the company is largely a price taker, not a moat-protected franchise. At $0.89 on 2026-10-13, the market cap is $354.1M, with P/B 4.24 and negative P/E. The shares are near the 52-week low of $0.87 versus the high of $2.15. Revenue improved in Q2 2026 versus Q2 2025, from $10.4M to $14.4M, and the loss narrowed from $21.0M, but growth without profit and cash generation does not provide a Graham-style margin of safety. This looks speculative until it proves it can produce uranium profitably and fund itself.

In plain English: Ur-Energy is a uranium company with projects in the United States, including Lost Creek in Wyoming. The business looks weak: it has been losing money for years and burning cash, even though revenue is coming in. At 89 cents a share and a total stock value of about $354 million, the price does not look cheap compared with its sales and losses.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer