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

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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 […]

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