Ur-Energy First Quarter 2024 Earnings: US$0.067 loss per share (vs US$0.003 loss in 1Q 2023)

Ur-Energy (TSE:URE) First Quarter 2024 Results

Key Financial Results

• Net loss: US$18.5m (loss widened by US$17.8m from 1Q 2023).
• US$0.067 loss per share (further deteriorated from US$0.003 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ur-Energy Earnings Insights

Looking ahead, revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Oil and Gas industry in Canada.

Performance of the Canadian Oil and Gas industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Ur-Energy (including 1 which shouldn't be ignored).

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