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Ur-Energy

TSX:URE
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
URE
TSX
CA$200M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties. The last earnings update was 47 days ago. More info.


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URE Share Price and Events
7 Day Returns
5.9%
TSX:URE
-0.2%
CA Oil and Gas
0.4%
CA Market
1 Year Returns
35.9%
TSX:URE
-14.5%
CA Oil and Gas
-3%
CA Market
URE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ur-Energy (URE) 5.9% 11.6% 16.8% 35.9% 71.2% 8.7%
CA Oil and Gas -0.2% -5.8% -6.5% -14.5% -13.7% -39.4%
CA Market 0.4% -1% -0.6% -3% 10.9% 1.6%
1 Year Return vs Industry and Market
  • URE outperformed the Oil and Gas industry which returned -14.5% over the past year.
  • URE outperformed the Market in Canada which returned -3% over the past year.
Price Volatility
URE
Industry
5yr Volatility vs Market

Value

 Is Ur-Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ur-Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ur-Energy.

TSX:URE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:URE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.911 (1 + (1- 21%) (9.04%))
0.984
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.98
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.984 * 5.96%)
7.81%

Discounted Cash Flow Calculation for TSX:URE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ur-Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSX:URE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.81%)
2019 0.90 Analyst x1 0.83
2020 -12.60 Analyst x1 -10.84
2021 9.90 Analyst x1 7.90
2022 14.43 Est @ 45.79% 10.68
2023 19.14 Est @ 32.64% 13.14
2024 23.63 Est @ 23.43% 15.05
2025 27.64 Est @ 16.99% 16.33
2026 31.09 Est @ 12.47% 17.04
2027 33.99 Est @ 9.32% 17.27
2028 36.40 Est @ 7.11% 17.16
Present value of next 10 years cash flows $104.57
TSX:URE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $36.40 × (1 + 1.95%) ÷ (7.81% – 1.95%)
$632.92
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $632.92 ÷ (1 + 7.81%)10
$298.35
TSX:URE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $104.57 + $298.35
$402.92
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $402.92 / 159.73
$2.52
TSX:URE Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:URE)
1.339
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $2.52 x 1.339
CA$3.38
Value per share (CAD) From above. CA$3.38
Current discount Discount to share price of CA$1.25
= -1 x (CA$1.25 - CA$3.38) / CA$3.38
63%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ur-Energy is available for.
Intrinsic value
>50%
Share price is CA$1.25 vs Future cash flow value of CA$3.38
Current Discount Checks
For Ur-Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ur-Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ur-Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ur-Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ur-Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:URE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.04
TSX:URE Share Price ** TSX (2019-06-18) in CAD CA$1.25
TSX:URE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.93
Canada Oil and Gas Industry PE Ratio Median Figure of 59 Publicly-Listed Oil and Gas Companies 12.42x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 15.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ur-Energy.

TSX:URE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:URE Share Price ÷ EPS (both in USD)

= 0.93 ÷ -0.04

-23.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ur-Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Ur-Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Ur-Energy's expected growth come at a high price?
Raw Data
TSX:URE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -23.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
119.3%per year
Canada Oil and Gas Industry PEG Ratio Median Figure of 36 Publicly-Listed Oil and Gas Companies 0.79x
Canada Market PEG Ratio Median Figure of 248 Publicly-Listed Companies 1.14x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ur-Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ur-Energy's assets?
Raw Data
TSX:URE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.30
TSX:URE Share Price * TSX (2019-06-18) in CAD CA$1.25
TSX:URE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.93
Canada Oil and Gas Industry PB Ratio Median Figure of 224 Publicly-Listed Oil and Gas Companies 0.78x
Canada Market PB Ratio Median Figure of 2,414 Publicly-Listed Companies 1.41x
TSX:URE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:URE Share Price ÷ Book Value per Share (both in USD)

= 0.93 ÷ 0.30

3.12x

* Primary Listing of Ur-Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ur-Energy is overvalued based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Ur-Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Ur-Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ur-Energy expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
119.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ur-Energy expected to grow at an attractive rate?
  • Ur-Energy's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Ur-Energy's earnings growth is expected to exceed the Canada market average.
  • Ur-Energy's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:URE Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:URE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 119.3%
TSX:URE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 37.8%
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7.8%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:URE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:URE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 118 1
2022-12-31 115 1
2021-12-31 86 22 20 2
2020-12-31 43 4 3 2
2019-12-31 32 2 0 1
TSX:URE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 9 -13 -6
2018-12-31 23 -5 5
2018-09-30 24 1 3
2018-06-30 35 1 3
2018-03-31 43 5 1
2017-12-31 38 6 0
2017-09-30 44 4 4
2017-06-30 44 11 8
2017-03-31 39 8 5
2016-12-31 27 3 -3
2016-09-30 29 2 -3
2016-06-30 26 1 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ur-Energy's earnings are expected to grow significantly at over 20% yearly.
  • Ur-Energy's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:URE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Ur-Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:URE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.22 0.22 0.22 1.00
2022-12-31 0.21 0.21 0.21 1.00
2021-12-31 0.17 0.17 0.17 1.00
2020-12-31 0.04 0.04 0.04 1.00
2019-12-31 0.01 0.01 0.01 1.00
TSX:URE Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.04
2018-12-31 0.03
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.01
2017-12-31 0.00
2017-09-30 0.02
2017-06-30 0.06
2017-03-31 0.04
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ur-Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ur-Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ur-Energy has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ur-Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ur-Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ur-Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ur-Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Ur-Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ur-Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:URE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 8.64 -6.19 8.05
2018-12-31 23.50 4.53 7.82
2018-09-30 23.51 2.77 7.95
2018-06-30 35.20 2.58 7.83
2018-03-31 43.21 1.31 7.78
2017-12-31 38.37 0.08 7.71
2017-09-30 44.12 3.61 7.45
2017-06-30 44.49 8.41 7.62
2017-03-31 39.42 5.17 8.11
2016-12-31 27.31 -3.01 7.70
2016-09-30 29.32 -2.52 8.18
2016-06-30 25.74 -4.61 8.44
2016-03-31 37.20 -1.66 8.59
2015-12-31 41.88 -0.80 8.57
2015-09-30 40.73 -3.88 8.56
2015-06-30 39.57 -7.10 8.79
2015-03-31 30.59 -8.93 9.19
2014-12-31 29.35 -8.75 9.82
2014-09-30 30.33 -12.41 9.89
2014-06-30 23.00 -16.25 9.43
2014-03-31 13.76 -25.11 8.69
2013-12-31 7.62 -30.35 7.98
2013-09-30 -32.59 8.33
2013-06-30 -29.73 8.74
2013-03-31 -22.40 8.90
2012-12-31 -17.56 9.39
2012-09-30 -13.57 10.05
2012-06-30 -11.80 10.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ur-Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ur-Energy has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ur-Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ur-Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ur-Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ur-Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ur-Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ur-Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ur-Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ur-Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ur-Energy Company Filings, last reported 2 months ago.

TSX:URE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 47.73 13.47 3.92
2018-12-31 51.85 14.66 6.37
2018-09-30 53.36 15.88 11.62
2018-06-30 48.42 17.08 7.53
2018-03-31 45.54 18.27 9.17
2017-12-31 38.78 19.44 3.88
2017-09-30 41.87 20.59 2.15
2017-06-30 44.68 21.72 7.32
2017-03-31 43.12 22.84 8.39
2016-12-31 36.23 23.94 1.55
2016-09-30 35.89 26.09 2.96
2016-06-30 33.95 28.23 2.48
2016-03-31 35.67 30.36 7.32
2015-12-31 32.50 32.46 1.44
2015-09-30 31.69 34.29 3.63
2015-06-30 31.76 36.10 3.85
2015-03-31 30.43 38.75 2.18
2014-12-31 32.10 39.66 3.10
2014-09-30 34.32 42.38 3.37
2014-06-30 37.19 39.69 1.55
2014-03-31 37.75 40.58 4.67
2013-12-31 38.66 39.15 1.63
2013-09-30 59.10 31.52 6.02
2013-06-30 60.33 20.24 11.80
2013-03-31 61.21 0.30 7.21
2012-12-31 65.64 0.33 18.00
2012-09-30 74.10 0.35 29.61
2012-06-30 75.44 0.00 35.03
  • Ur-Energy's level of debt (28.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (107.5% vs 28.1% today).
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.

  • Information is not available.
  • Unable to confirm if Ur-Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Ur-Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ur-Energy has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ur-Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ur-Energy dividends.
If you bought CA$2,000 of Ur-Energy shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ur-Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ur-Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:URE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 4.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:URE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ur-Energy has not reported any payouts.
  • Unable to verify if Ur-Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ur-Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ur-Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ur-Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ur-Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ur-Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ur-Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jeff Klenda
COMPENSATION $574,114
AGE 61
TENURE AS CEO 4.1 years
CEO Bio

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 Executive Officer of Ur-Energy Inc. since May 1, 2015 until December 19, 2016. Mr. Klenda served as a Consultant of Aura Silver Resources, Inc. until November 11, 2009. Mr. Klenda served as the Managing Director of Ur-Energy Inc. since January 2006 and its Chief Executive Officer until April 2008. Mr. Klenda served as Chief Executive Officer of Aura Silver Resources, Inc. from February 2006 to April 2008. He founded Security First Financial in 2001 and served as its President. In 1988, he started Klenda Financial Services, Inc. In 1998, he formed Independent Brokers of America, Inc. (IBA). He began his career as a Stockbroker specializing in venture capital offerings. Mr. Klenda has been Chairman of the Board at Ur-Energy Inc. since January 2006. Mr. Klenda served as Chairman of Aura Silver Resources, Inc. from February 2006 to November 11, 2009. He serves as Independent Director of Columbus Exploration Corporation. He has been an Independent Director of Organto Foods Inc. since October 29, 2013. Mr. Klenda has been Executive Director of Ur-Energy Inc. since August 2004. Mr. Klenda served as Director of Aura Silver Resources, Inc. since December 2005 until November 11, 2009. He served as Director of Galahad Metals Inc. until March 1, 2006. He served as a Director of Phoenix Matachewan Mines Inc. until March 1, 2006. He has been a Certified Financial Planner (CFP) since 1985 and is a Member of the International Board of Standards and Practices for Certified Financial Planners (IBCFP). Mr. Klenda graduated from the University of Colorado in 1980.

CEO Compensation
  • Jeff's compensation has increased whilst company is loss making.
  • Jeff's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Ur-Energy management team in years:

8.1
Average Tenure
58
Average Age
  • The average tenure for the Ur-Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jeff Klenda

TITLE
Chairman
COMPENSATION
$574K
AGE
61
TENURE
4.1 yrs

Roger Smith

TITLE
CFO & Chief Administrative Officer
COMPENSATION
$451K
AGE
60
TENURE
12.1 yrs

Steve Hatten

TITLE
Vice President of Operations
COMPENSATION
$354K
AGE
54
TENURE
8.1 yrs

Penne Goplerud

TITLE
General Counsel & Corporate Secretary
COMPENSATION
$407K
AGE
56
TENURE
8.1 yrs

John Cash

TITLE
Vice President of Regulatory Affairs
COMPENSATION
$340K
AGE
45
TENURE
8.1 yrs

Jim Bonner

TITLE
Vice President of Geology
AGE
71
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure and age of the Ur-Energy board of directors in years:

4.5
Average Tenure
66
Average Age
  • The tenure for the Ur-Energy board of directors is about average.
Board of Directors

Jim Franklin

TITLE
Non-Executive Director
COMPENSATION
$87K
AGE
75
TENURE
15.3 yrs

Jeff Klenda

TITLE
Chairman
COMPENSATION
$574K
AGE
61
TENURE
13.4 yrs

Gary Huber

TITLE
Non-Executive Director
COMPENSATION
$87K
AGE
66
TENURE
4.1 yrs

Thomas Parker

TITLE
Lead Independent Director
COMPENSATION
$88K
AGE
75
TENURE
4.5 yrs

Bill Boberg

TITLE
Non-Executive Director
COMPENSATION
$84K
AGE
78
TENURE
13.4 yrs

Kathy Walker

TITLE
Director
COMPENSATION
$84K
AGE
59
TENURE
1.8 yrs

Robby, Rob Chang

TITLE
Director
COMPENSATION
$131K
AGE
40
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • Ur-Energy insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
03. Jun 19 Sell James Franklin Individual 31. May 19 31. May 19 -50,000 CA$1.08 CA$-54,133
03. Aug 18 Buy Kathy Walker Individual 03. Aug 18 03. Aug 18 24,000 CA$1.06 CA$25,531
X
Management checks
We assess Ur-Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ur-Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholders Own Ur-Energy Inc. (TSE:URE)?

With a market capitalization of CA$184m, Ur-Energy is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Ur-Energy TSX:URE Ownership Summary, June 6th 2019 What Does The Institutional Ownership Tell Us About Ur-Energy? … We can see that Ur-Energy does have institutional investors; and they hold 15% of the stock.

Simply Wall St -

Here's Why We Think Ur-Energy (TSE:URE) Is Well Worth Watching

So if you're like me, you might be more interested in profitable, growing companies, like Ur-Energy (TSE:URE). … Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing. … I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats).

Simply Wall St -

Can You Imagine How Ur-Energy's (TSE:URE) Shareholders Feel About The 67% Share Price Increase?

In fact, the company's share price bested the return of its market index in that time, posting a gain of 67%. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During three years of share price growth, Ur-Energy moved from a loss to profitability.

Simply Wall St -

Examining Ur-Energy Inc.’s (TSE:URE) Weak Return On Capital Employed

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Does Ur-Energy Inc.'s (TSE:URE) CEO Pay Compare Well With Peers?

Jeff Klenda became the CEO of Ur-Energy Inc. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Jeff Klenda's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Could Ur-Energy Inc.'s (TSE:URE) Investor Composition Influence The Stock Price?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Companies that used to be publicly owned tend to have lower insider ownership. … Ur-Energy is a smaller company with a market capitalization of CA$152m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Should We Be Cautious About Ur-Energy Inc.'s (TSE:URE) ROE Of 5.2%?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Ur-Energy has a return on equity of 5.2% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

How Much Are Ur-Energy Inc. (TSE:URE) Insiders Taking Off The Table?

So shareholders might well want to know whether insiders have been buying or selling shares in Ur-Energy Inc. … That means that an insider was selling shares at around the current price of CA$0.81. … We generally tread carefully if insiders have been selling on market, even if they sold slightly above the current price

Simply Wall St -

Is Ur-Energy Inc.'s (TSE:URE) Balance Sheet A Threat To Its Future?

(TSE:URE) with its market cap of CA$145m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Should You Be Tempted To Sell Ur-Energy Inc (TSE:URE) Because Of Its P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 36.38 = $0.69 (Note: this is the share price in the reporting currency, namely, USD ) ÷ $0.019

Simply Wall St -

Company Info

Description

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.

Details
Name: Ur-Energy Inc.
URE
Exchange: TSX
Founded: 2004
CA$199,661,753
159,729,403
Website: http://www.ur-energy.com
Address: Ur-Energy Inc.
10758 West Centennial Road,
Suite 200,
Littleton,
Colorado, 80127,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX URE Common Shares The Toronto Stock Exchange CA CAD 29. Nov 2005
AMEX URG Common Shares NYSE MKT LLC US USD 29. Nov 2005
DB U9T Common Shares Deutsche Boerse AG DE EUR 29. Nov 2005
Number of employees
Current staff
Staff numbers
42
Ur-Energy employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 00:01
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/06/18
Last earnings filing: 2019/05/03
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.