$URE.TO

Ur-Energy Up 2.7% In US Premarket As Cites 100th Shipment of Yellowcake from Lost Creek ISR Uranium Mine, Wyoming

Ur-Energy Inc. (NYSE American:URG and URE.TO), a uranium producer with ISR projects in the United States, has completed its 100th shipment of U3O8 uranium concentrate (yellowcake) from its flagship Lost Creek ISR facility in Wyoming, the company said Wednesday.The milestone shipment departed the Lost Creek Plant on June 11, 2026, and brings Ur-Energy's total pounds of U3O8 shipped to over 3.5 million since operations began in 2013, it addedSteve Hatten, Chief Operating Officer, said: "For more than a decade, this facility has proven the efficiency and reliability of our ISR platform. Delivering more than 3.5 million pounds into the supply chain isn't just a historical milestone; it establishes the operational blueprint we are now executing to drive production growth across our portfolio."Lost Creek remains the cornerstone of Ur-Energy's production strategy. With the Company's second ISR uranium facility, Shirley Basin, having successfully initiated operations in April 2026, Ur-Energy is uniquely positioned to scale production to support the expanding demand for secure, domestic nuclear fuel.Shares in Ur-Energy were down $0.09 or 3.75% at $2.30 in Canada yesterday. The stock was at last look up 2.7% in US premarket.

Ur-Energy Says Cumulative Production Surpasses 3.5 Million Pounds

Ur-Energy Cites 100th Shipment of Yellowcake from Lost Creek ISR Uranium Mine, Wyoming

Correction: National Bank Cuts Uranium Energy's Price Target to US$16 from US$17

(Corrects name of company to Uranium Energy.)National Bank of Canada on Tuesday lowered Uranium Energy's (UEC) price target to US$16 from UD$17 with an outperform rating.National Bank updated its model to reflect Uranium Energy's weaker-than-expected operating results in the third quarter of fiscal 2026.The bank reduced its near-term production estimates for Uranium Energy across the Wyoming hub to reflect the production rates to date and the development progress of header houses required to enable an increase in production.National Bank also applied a more conservative ramp at Uranium Energy's Texas hub.The company's total net asset value fell 5% to $9.95 per share from $10.47 per share, driven by the lower volume, higher costs, and our slight reduction in the in-situ value attributed to the U.S. assets to reflect higher costs, according to the bank.Price: $2.16, Change: $+0.09, Percent Change: +4.61%

National Bank Cuts Ur-Energy's Price Target to US$16 from US$17

National Bank of Canada on Tuesday lowered Ur-Energy's (URE.TO) price target to US$16 from $17 with an outperform rating.National Bank updated its model to reflect Ur-Energy's weaker-than-expected operating results in the third quarter of fiscal 2026.The bank reduced its near-term production estimates for Ur-Energy across the Wyoming hub to reflect the production rates to date and the development progress of header houses required to enable an increase in production.National Bank also applied a more conservative ramp at Ur-Energy's Texas hub.The company's total net asset value fell 5% to $9.95 per share from $10.47 per share, driven by the lower volume, higher costs, and our slight reduction in the in-situ value attributed to the U.S. assets to reflect higher costs, according to the bank.Ur-Energy traded at $2.18 per share at last look Wednesday on the Toronto Stock Exchange.