Ur-Energy swings to Q3 U3O8 product loss of $969,000 from Q2 profit
URG•Ur-Energy reported a third-quarter U₃O₈ product loss of $969,000, compared with a profit in the previous quarter, as product sales revenue fell 14% to $12.34 million. The company expects 2026 product sales revenue of approximately $46.9 million from 700,000 pounds.
1. Quarterly results
Ur-Energy swung to a third-quarter U₃O₈ product loss of $969,000 from a profit in the previous quarter, while product sales revenue fell 14% quarter over quarter to $12.34 million. U₃O₈ captured rose 73% year over year to 154,667 pounds.
2. Delivery and outlook
In October, the company deferred delivery of another 300,000 pounds from the fourth quarter of 2026 to 2029, allowing additional time for production ramp-up. For 2026, it expects product sales revenue of approximately $46.9 million from 700,000 pounds.
