Ur-Energy Inc. reported its Q2 2025 earnings on July 17, 2025, with revenue reaching $10.4 million, significantly exceeding analyst expectations of $7.1 million. This strong performance was attributed to higher-than-expected sales volumes and robust realized uranium prices.
Operationally, the company achieved substantial progress at Lost Creek, with dried and packaged uranium output increasing by 35% over Q1 2025 to 112,033 pounds. Total captured uranium production for the first half of the year reached 203,449 pounds, a 73% increase from Q1 2025.
Wellfield flow rates at Lost Creek rose by 27%, now exceeding 3,400 gallons per minute, while head grade remained steady at over 70 milligrams per liter during May and June. The company sold 165,000 pounds at an average realized price of $63.20 per pound, and development at Shirley Basin continued on schedule, targeting initial output in early 2026.
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