Ur-Energy: The Company Looks Expensive Despite The Higher NPV Of Lost Creek

Ur-Energy: The Company Looks Expensive Despite The Higher NPV Of Lost Creek

Written by Summary

In 2021, Ur-Energy strengthened its balance sheet and had a cash position of $44.7 million as of March 3.

The company is taking steps to prepare Lost Creek for restart and the NPV of the project stands at about $200 million at today’s uranium spot prices.

However, Ur-Energy has a market valuation of $384.4 million which comes down to $321.6 million when you exclude its cash and the value of its uranium inventory. Yet, short selling could be dangerous as I think uranium prices are likely to continue to increase in the near future. kasezo/iStock via Getty Images Introduction It’s been a wild year for uranium prices as the world is in the midst of an energy shortage and prices have more than doubled since August. Trading Economics In view of this, I think this is a good time to take a look at what’s happening […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet