Ur-Energy stock advances 120-hole drilling plan in Wyoming

Ur-Energy announced a 120-hole drilling program at Lost Creek South in Wyoming on Thursday, October 29, 2026. The initiative is intended to unlock additional growth potential at the company's existing Lost Creek in-situ recovery operation.

According to the Ur-Energy investor relations page, the company operates Lost Creek and is advancing the Shirley Basin project, also in Wyoming. Lost Creek has produced more than 3.0 million pounds of U3O8 since production began in 2013.

Production platform remains central

Ur-Energy says Lost Creek has permits for annual plant production of up to 2.2 million pounds of U3O8. The permitted capacity includes up to 1.2 million pounds from wellfield production and up to 1.0 million pounds from toll processing.

Shirley Basin is fully licensed and permitted, with construction nearly complete, according to the company. Ur-Energy describes the project as positioned to become the fifth in-situ recovery uranium operation in the United States.

Ur-Energy stock traded at 0.77 euros on Lang & Schwarz at 13:04 CET on Saturday, October 31, 2026. The quote was recorded outside a Xetra comparison in the available market information.

Investors will next focus on the company's third-quarter results, which Ur-Energy's investor relations page lists for November 2, 2026, after the market close. The release should provide an update on production, sales and progress at Shirley Basin.

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