Monitor for actual capital raised and spending priorities, particularly progress on Shirley Basin construction and exploration results. The ATM structure allows for opportunistic capital raising, which could increase share count and dilute existing shareholders if executed at prices below current book value.
Price Chart
Executive Summary
Ur-nergy Inc. is conducting an at-the-market equity offering of up to $50 million in common shares, facilitated by B. Riley Securities and Cantor Fitzgerald. The net proceeds will fund working capital, operations at Lost Creek, construction at Shirley Basin, exploration, and potential acquisitions.
Key Facts
- Offering up to $50 million in common shares through an at-the-market (ATM) program.
- Proceeds to be used for working capital, Lost Creek operations, Shirley Basin construction, exploration, and potential acquisitions.
- Agents entitled to commissions up to 3.0% of gross proceeds.
- No minimum offering amount; sales will occur at market prices.
- Company previously raised $51 million under prior ATM agreements.
Financial Impact
Up to $50 million in gross proceeds, subject to market prices and timing.
Risk Factors
- Dilution to existing shareholders as new shares are issued.
- Potential for depressed share prices if market reacts negatively to the capital raise.
- Proceeds may not be used effectively, particularly given management's broad discretion.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 424B5 Filing (Primary) | 0001104659-26-044445 |
| Document: 0001104659-26-044445-index-headers.html | 0001104659-26-044445 |
| Document: 0001104659-26-044445-index.html | 0001104659-26-044445 |
| Document: 0001104659-26-044445.txt | 0001104659-26-044445 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 8w ago | Insider Cluster | $1.53 $1.13 | ▼ −26.14% | ▼ −26.18% | $0.8677 (−43.29%) |
Aug 25, 2026 8w ago | Insider Cluster | $1.52 $1.13 | ▼ −25.66% | ▼ −25.88% | $0.8677 (−42.91%) |
Aug 24, 2026 9w ago | Insider Cluster | $1.48 $1.16 | ▼ −21.62% | ▼ −21.87% | $0.8677 (−41.37%) |
Aug 10, 2026 11w ago | 8-K | $1.39 $1.38 | ▼ −0.72% | ▲ +0.34% | $0.8677 (−37.58%) |
Apr 17, 2026 27w ago | EFFECT | $1.63 $1.83 | ▲ +12.27% | ▲ +6.90% | $0.8677 (−46.77%) |
Apr 16, 2026 27w ago | 8-K | $1.63 $1.83 | ▲ +12.27% | ▲ +6.90% | $0.8677 (−46.77%) |
Apr 16, 2026 27w ago | 424B5 | $1.63 $1.83 | ▲ +12.27% | ▲ +6.90% | $0.8677 (−46.77%) |
US Market Status
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