Ur-Energy outlined a 2 million-pound path for Ur-Energy stock

Published on 10/22/2026 at 14:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half production reached 225,000 pounds in 2026. Ur-Energy stock costs EUR 0.77 on October 22, 2026, with 60 percent more capacity after Shirley Basin.

Production and capacity update

Ur-Energy outlined a path to 2 million pounds of annual production by the end of 2028 on October 2, 2026.
First-half 2026 production reached 225,000 pounds, while Shirley Basin lifted operational capacity by 60 percent.
Ur-Energy stock trades at EUR 0.77 at 2:12 p.m. CEST at Lang & Schwarz on October 22, 2026.

URA, CA91688R1082, Illustration mit AI erstellt.

Ur-Energy (ISIN CA91688R1082) was trading at EUR 0.77 at Lang & Schwarz on October 22, 2026 at 2:12 p.m. CEST. On October 2, 2026, Investing.com reported that management had outlined a path to 2 million pounds of annual uranium production by the end of 2028. That assessment was not formal guidance.

Capacity rises to 2.2 million pounds

The operating plan depends on Lost Creek and Shirley Basin reaching full production. Ur-Energy said the addition of Shirley Basin increased operational capacity by 60 percent through July 2026 and lifted licensed and constructed capacity to 2.2 million pounds a year, according to Investing.com.

First-half 2026 production stood at 225,000 pounds. The company also said total licensed capacity was 4.2 million pounds a year, leaving a 2.0 million-pound gap between the current licensed and constructed level and the broader permitted platform.

What does the cost base mean?

Management put all-in operating costs at USD 50.00 to USD 55.00 per pound during the October 2 presentation, while the uranium term price was cited at USD 97.00 per pound. That spread gives the production plan economic support, but the company also identified labor inflation and future development capital as risks.

Three dated operating milestones

On August 10, 2026, Ur-Energy reported second-quarter 2026 results through its investor-relations page. On August 20, 2026, it announced the first uranium shipment from Shirley Basin. On October 2, 2026, management presented the 2 million-pound path for the end of 2028. The company describes Lost Creek as its processing hub and Shirley Basin as its second production center.

Next milestone is due by year-end

The next dated operating milestone is a technical report for the Lost Soldier project expected by the end of 2026, according to Investing.com. The project could become a third spoke connected to Lost Creek, with a production potential of 750,000 pounds a year cited in the presentation.

Stock price and operating scale

Ur-Energy was trading at EUR 0.77 at Lang & Schwarz on October 22, 2026 at 2:12 p.m. CEST. The company remains a small uranium producer whose investment case rests on converting permitted capacity into consistent output.

The further course of trading is shown by the continuously updated real-time quote of Ur-Energy stock.