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UR-Energy ( (URG) ) has provided an announcement.
Ur-Energy is advancing two key growth projects in Wyoming’s Great Divide Basin, Lost Soldier and North Hadsell, both located close to its operating Lost Creek ISR mine. At Lost Soldier, the company is installing 18 aquifer test wells to better understand hydrogeologic conditions and reduce development risk, while also preparing a new technical report and mineral resource estimate based on detailed roll-front mapping to evaluate the site’s suitability for in situ recovery mining. At North Hadsell, early-stage drilling in a 50-hole program has yielded significant uranium intercepts across multiple stacked roll-front horizons with grades and thicknesses comparable to Lost Creek, and mineralization encountered 1.5 miles apart suggests a potentially large-scale system. Together, these efforts signal a strategic push to expand Ur-Energy’s uranium resource base and long-term development pipeline in a capital-efficient manner by leveraging its existing operations and infrastructure in the region.
The most recent analyst rating on (URG) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on UR-Energy stock, see the URG Stock Forecast page.
Spark’s Take on URG Stock
According to Spark, TipRanks’ AI Analyst, URG is a Neutral.
The score is held back primarily by weak fundamentals—declining TTM revenue, widening losses, and continued negative operating/free cash flow—despite a low-leverage balance sheet. Technicals are supportive of an uptrend but appear overextended, adding pullback risk. Valuation is difficult to support given negative earnings and no dividend yield data.
To see Spark’s full report on URG stock, click here.
More about UR-Energy
Ur-Energy Inc. is a U.S.-based uranium producer listed on the NYSE American and TSX, focused on in situ recovery (ISR) uranium mining in Wyoming’s Great Divide Basin. Its primary producing asset is the Lost Creek ISR mine and processing facility, which the company aims to complement with nearby satellite projects to expand its uranium resource base and leverage existing infrastructure for capital-efficient growth.
Average Trading Volume: 10,651,468
Technical Sentiment Signal: Strong Buy
Current Market Cap: $673.4M
See more insights into URG stock on TipRanks’ Stock Analysis page.