# Ur-Energy Reports Q1 2026 Results and Announces Conference Call and Webcast Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ur-energy-reports-q1-2026-results-and-announces-conference-call-and-webcast--eca5361d-a358-4561-9243-b20b42916887 Original source: https://money.tmx.com/en/quote/URE/news/6351586177248554/ur-energy-reports-q1-2026-results-and-announces-conference-call-and-webcast Publisher: tmx Original announcement: 2026-05-08T10:48:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Ur-Energy Inc. - Ticker: URE - Exchange: TSX - Region: Wyoming - Primary commodity: Uranium - Secondary commodities: None reported - Document categories: Production, Other, Drill results - Extracted: 2026-08-24 05:42:18 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Ur-Energy reported strong Q1 2026 results with increased uranium pounds captured, a higher average sales price of $70.98/lb, and a lower cash cost of $37.51/lb. The company also commenced operations at its Shirley Basin ISR facility in April 2026, marking a significant expansion of its production capacity. Exploration activities are advancing at Great Divide Basin projects, including 13 ore grade intercepts at North Hadsell. Reasoning: Ur-Energy reported strong Q1 2026 operational and financial results, including a significant increase in pounds captured, a higher average sales price, and lower cash costs. The commencement of operations at the Shirley Basin ISR facility and positive exploration results at North Hadsell further enhance the company's outlook. - Positive factor: increased\_production\_captured - Positive factor: higher\_sales\_price - Positive factor: lower\_cash\_costs - Positive factor: new\_operations\_commenced - Positive factor: exploration\_success Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 11 ## Classification and evidence **Production Increase** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Pounds Captured increased 41% over Q4 2025 and 48% over Q1 2025, indicating improved operational performance. Evidence · text > Pounds Captured: We captured 110,314 pounds of U₃O₈, a 41% increase over Q4 2025 and a 48% increase over Q1 2025 **Higher Sales Price** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The average price per pound sold during Q1 2026 of $70.98 was $7.78 higher than Q4 2025, driven by favorable contracts. Evidence · text > Increased U₃O₈ Sales Price: The average price per pound sold during Q1 2026 of $70.98 was $7.78 higher than Q4 2025 **Lower Production Costs** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The cash cost per pound of U₃O₈ sold was $37.51 in Q1 2026, a decrease of approximately 13% compared to Q4 2025, indicating improved efficiency. Evidence · text > Lower Production Costs: The cash cost per pound of U₃O₈ sold was $37.51 in Q1 2026, a decrease of approximately 13% compared to Q4 2025 **New Operations Commenced** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Ur-Energy commenced operations at its second ISR mining facility, Shirley Basin, in April 2026, marking a significant expansion of its production capacity. Evidence · text > Shirley Basin Operations & Ramp-Up: We commenced operations at our second ISR mining facility in April 2026 **Exploration Success** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Exploration activities at North Hadsell returned 13 ore grade intercepts exceeding 0.20 GT, indicating potential for future resources. Evidence · text > Seven holes returned significant mineralization, including 13 intercepts exceeding 0.20 GT \(Grade \(%eU₃O₈\) times Thickness \(ft\)\) **ISR Mining** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company is described as a 'domestic uranium producer with ISR projects'. Evidence · text > a domestic uranium producer with ISR projects ## Extracted facts Stored fact records: 0. Some facts used in scoring do not have a stored record. No stored fact records are available for this extraction. ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.