TSX:URE

Stock Analysis Report

Executive Summary

Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties.


Snowflake Analysis

Excellent balance sheet with limited growth.


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

-1.8%

URE

4.5%

CA Oil and Gas

2.1%

CA Market


1 Year Return

-56.7%

URE

-39.8%

CA Oil and Gas

-21.2%

CA Market

Return vs Industry: URE underperformed the Canadian Oil and Gas industry which returned -41.2% over the past year.

Return vs Market: URE underperformed the Canadian Market which returned -22.9% over the past year.


Shareholder returns

UREIndustryMarket
7 Day-1.8%4.5%2.1%
30 Day-16.7%-20.2%-13.8%
90 Day-23.6%-39.4%-21.9%
1 Year-56.7%-56.7%-36.7%-39.8%-18.6%-21.2%
3 Year-42.1%-42.1%-41.2%-48.0%-11.0%-19.3%
5 Year-49.5%-49.5%-43.8%-53.2%1.6%-13.6%

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

Valuation

Is Ur-Energy undervalued compared to its fair value and its price relative to the market?

1.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: URE (CA$0.55) is trading above our estimate of fair value (CA$0.4)

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 (1.4x) compared to the CA Oil and Gas industry average (0.4x).


Next Steps

Future Growth

How is Ur-Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

25.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if URE's forecast earnings growth is above the savings rate (1.4%).

Earnings vs Market: Insufficient data to determine if URE's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: URE's revenue (25.2% per year) is forecast to grow faster than the Canadian market (3.3% per year).

High Growth Revenue: URE's revenue (25.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if URE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Ur-Energy performed over the past 5 years?

2.8%

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, but has reduced losses over the past 5 years at a rate of 2.8% 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 (-5.3%).


Return on Equity

High ROE: URE has a negative Return on Equity (-18.99%), 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 ($8.7M) exceed its short term liabilities ($2.3M).

Long Term Liabilities: URE's short term assets ($8.7M) do not cover its long term liabilities ($43.8M).


Debt to Equity History and Analysis

Debt Level: URE's debt to equity ratio (27.5%) is considered satisfactory.

Reducing Debt: URE's debt to equity ratio has reduced from 123.6% to 27.5% 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 43.8% per year.


Next Steps

Dividend

What is Ur-Energy's 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 payouts.

High Dividend: Unable to evaluate URE's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?

8.9yrs

Average management tenure


CEO

Jeff Klenda (62yo)

4.92s

Tenure

US$574,114

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 ($USD574.11K) is above average for companies of similar size in the Canadian market ($USD158.50K).

Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Klenda
Chairman4.92yrsUS$574.11k1.73% $1.5m
Roger Smith
CFO & Chief Administrative Officer12.92yrsUS$450.55k0.20% $172.8k
Steven Hatten
Vice President of Operations8.92yrsUS$354.35k0.099% $87.8k
Penne Goplerud
General Counsel & Corporate Secretary8.92yrsUS$407.03k0.12% $110.1k
John Cash
Vice President of Regulatory Affairs8.92yrsUS$339.87k0.10% $91.2k
James Bonner
Vice President of Geology6.08yrsno datano data

8.9yrs

Average Tenure

59yo

Average Age

Experienced Management: URE's management team is seasoned and experienced (8.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Klenda
Chairman4.92yrsUS$574.11k1.73% $1.5m
Gary Huber
Non-Executive Director4.92yrsUS$87.04k0.099% $87.2k
Kathy Walker
Independent Director2.58yrsUS$83.54k0.034% $29.7k
James Franklin
Non-Executive Director16.08yrsUS$86.54k0.37% $325.9k
W. Boberg
Non-Executive Director14.25yrsUS$84.04k0.49% $430.1k
Thomas Parker
Lead Independent Director5.33yrsUS$87.54k0.11% $97.5k
Sai Chang
Independent Director2.08yrsUS$131.19kno data

5.3yrs

Average Tenure

67yo

Average Age

Experienced Board: URE's board of directors are considered experienced (5.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.


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$88.263m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
URETSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 2005
U9TDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2005
URGAMEX (NYSE MKT LLC)YesCommon SharesUSUSDNov 2005

Biography

Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 13 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 3 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 03:14
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.