Ur-Energy Inc. (URG) Stock Analysis
Energy · Uranium · NYSE American
Ur-Energy Inc. (URG) posted $27.21M in revenue for fiscal 2025 (down 19.3% year over year), with a net loss of $74.90M, and has compounded revenue about 26.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Ur-Energy Inc.
Ur-Energy Inc. has grown revenue from $27.30M to $27.21M over the last 10 fiscal years, compounding about 26.8% a year. The most recent year was down 19.3%, so growth has cooled from its longer-run pace.
Net margin sits at -275.3%, down 117.5 points year over year on a 0.3% gross margin. It carries about $66.42M of total debt.
The one thing worth a second look in the filings is inventory building faster than sales.
Synthesised from Ur-Energy Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Ur-Energy Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.30M | $38.37M | $23.50M | $32.26M | $8.32M | $16,000 | $19,000 | $17.68M | $33.71M | $27.21M |
| Gross profit | $11.46M | $13.97M | $11.29M | $1.98M | $-4.65M | $-6.98M | $-6.84M | $-1.69M | $-8.97M | $74,000 |
| Net income | $-3.01M | $76,000 | $4.53M | $-8.42M | $-14.79M | $-22.94M | $-17.14M | $-30.66M | $-53.19M | $-74.90M |
| Net margin | -11.0% | 0.2% | 19.3% | -26.1% | -177.8% | -143362.5% | -90210.5% | -173.4% | -157.8% | -275.3% |
Source: Ur-Energy Inc. SEC filings (10-K). 15 years of history available in the interactive view.
Ur-Energy Inc.: 4 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Inventory building faster than salesInventory rose 17.1% versus revenue -19.3% — possible overproduction or softening demand.
- Share count rising (dilution)Shares outstanding grew 74.4% over 4 years (216.8M → 378.2M) — existing holders' stakes are being diluted.
- Debt with negative operating cash flowCarries $66.4M of debt while last year's operating cash flow was negative ($-43.1M).
- Currently unprofitableThe latest fiscal year was a net loss (net margin -275.3%).
Explore 15 years of Ur-Energy Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Ur-Energy Inc. financial history by metric
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About Ur-Energy Inc.
Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties in the United States. It holds interests in 12 projects located in the United States. The company's flagship property is the Lost Creek project covering an area of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming. Ur-Energy Inc. was incorporated in 2004 and is headquartered in Littleton, Colorado.
Ur-Energy Inc. — frequently asked questions
What is Ur-Energy Inc.'s revenue?
Ur-Energy Inc. (URG) reported revenue of $27.21M for fiscal year 2025, down 19.3% from the prior year, according to its SEC filings.
Is Ur-Energy Inc. profitable?
No — URG reported a net loss of $-74.90M in fiscal 2025.
What is URG's P/E ratio?
Ur-Energy Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Ur-Energy Inc. growing?
URG's revenue grew at roughly 26.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Ur-Energy Inc. have?
As of fiscal year 2025, URG carried roughly $66.42M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Ur-Energy Inc.'s gross margin?
URG's gross margin was 0.3% in fiscal 2025 — gross profit of $74,000 on revenue of $27.21M.
What is Ur-Energy Inc.'s market cap?
Ur-Energy Inc. (URG) has a market capitalization of about $613.88M, based on the latest data in our nightly-refreshed cache.
When does Ur-Energy Inc.'s fiscal year end?
URG's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Ur-Energy Inc.'s official SEC filings (10-K and 10-Q), covering 15 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.