Executive Summary
Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties.
Risk Analysis
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Ur-Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: URE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.1%
URE
0.6%
CA Oil and Gas
1.3%
CA Market
1 Year Return
-38.6%
URE
-30.4%
CA Oil and Gas
-12.8%
CA Market
Return vs Industry: URE underperformed the Canadian Oil and Gas industry which returned -30.4% over the past year.
Return vs Market: URE underperformed the Canadian Market which returned -12.8% over the past year.
Shareholder returns
| URE | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.1% | 0.6% | 1.3% |
| 30 Day | -11.4% | -5.0% | 0.9% |
| 90 Day | 34.6% | 12.0% | 15.7% |
| 1 Year | -38.6%-38.6% | -26.6%-30.4% | -9.8%-12.8% |
| 3 Year | -14.6%-14.6% | -26.7%-35.6% | 3.1%-6.6% |
| 5 Year | -21.3%-21.3% | -31.3%-42.9% | 21.7%3.4% |
Price Volatility Vs. Market
How volatile is Ur-Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
How Much Of Ur-Energy Inc. (TSE:URE) Do Institutions Own?1 month ago | Simply Wall St
Does Market Volatility Impact Ur-Energy Inc.'s (TSE:URE) Share Price?3 months ago | Simply Wall St
Here's Why Ur-Energy (TSE:URE) Can Afford Some DebtValuation
Is Ur-Energy undervalued compared to its fair value and its price relative to the market?
2.02x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: URE (CA$0.7) is trading above our estimate of fair value (CA$0.24)
Significantly Below Fair Value: URE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: URE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: URE is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate URE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: URE is overvalued based on its PB Ratio (2x) compared to the CA Oil and Gas industry average (0.7x).
Next Steps
Future Growth
How is Ur-Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
49.8%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ur-Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Ur-Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Ur-Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Ur-Energy performed over the past 5 years?
-9.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: URE is currently unprofitable.
Growing Profit Margin: URE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: URE is unprofitable, and losses have increased over the past 5 years at a rate of -9.9% per year.
Accelerating Growth: Unable to compare URE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: URE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).
Return on Equity
High ROE: URE has a negative Return on Equity (-18.94%), as it is currently unprofitable.
Next Steps
Financial Health
How is Ur-Energy's financial position?
Financial Position Analysis
Short Term Liabilities: URE's short term assets ($6.6M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: URE's short term assets ($6.6M) do not cover its long term liabilities ($43.7M).
Debt to Equity History and Analysis
Debt Level: URE's debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: URE's debt to equity ratio has reduced from 127% to 29.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable URE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: URE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.6% per year.
Next Steps
Dividend
What is Ur-Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate URE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate URE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if URE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if URE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of URE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.2yrs
Average management tenure
CEO
Jeff Klenda (63yo)
5.17yrs
Tenure
US$598,049
Compensation
Mr. Jeffrey T. Klenda, also known as Jeff, BA, CFP, co-founded Ur-Energy Inc. in 2004 and has been its Chief Executive Officer and President since December 19, 2016. Mr. Klenda served as the Acting Chief E ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD598.05K) is above average for companies of similar size in the Canadian market ($USD174.10K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.17yrs | US$598.05k | 1.77% $2.0m | |
| CFO & Chief Administrative Officer | 13.17yrs | US$387.80k | 0.20% $219.9k | |
| Vice President of Operations | 9.17yrs | US$305.20k | 0.099% $111.7k | |
| General Counsel & Corporate Secretary | 9.17yrs | US$348.65k | 0.12% $140.1k | |
| Vice President of Regulatory Affairs | 9.17yrs | US$290.49k | 0.10% $116.1k | |
| Vice President of Geology | 6.33yrs | no data | no data |
9.2yrs
Average Tenure
60yo
Average Age
Experienced Management: URE's management team is seasoned and experienced (9.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.17yrs | US$598.05k | 1.77% $2.0m | |
| Independent Non-Executive Director | 5.17yrs | US$125.84k | 0.099% $111.0k | |
| Independent Director | 2.83yrs | US$124.09k | 0.034% $37.8k | |
| Independent Non-Executive Director | 16.33yrs | US$123.09k | 0.37% $414.8k | |
| Independent Non-Executive Director | 14.5yrs | US$122.84k | 0.49% $547.5k | |
| Lead Independent Director | 5.58yrs | US$125.34k | 0.11% $124.2k | |
| Independent Director | 2.33yrs | US$124.59k | no data |
5.6yrs
Average Tenure
68yo
Average Age
Experienced Board: URE's board of directors are considered experienced (5.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ur-Energy Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ur-Energy Inc.
- Ticker: URE
- Exchange: TSX
- Founded: 2004
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: CA$112.335m
- Shares outstanding: 160.48m
- Website: https://www.ur-energy.com
Number of Employees
Location
- Ur-Energy Inc.
- 10758 West Centennial Road
- Suite 200
- Littleton
- Colorado
- 80127
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| URE | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Nov 2005 |
| U9T | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Nov 2005 |
| URG | AMEX (NYSE MKT LLC) | Yes | Common Shares | US | USD | Nov 2005 |
Biography
Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,900 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 37,500 acres located in the Great Divide Basin, Wyoming. The company was founded in 2004 and is headquartered in Littleton, Colorado.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/02 00:06 |
| End of Day Share Price | 2020/06/30 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.