URG - Ur-Energy: The Company Looks Expensive Despite The Higher NPV Of Lost Creek
- 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.
For further details see:
Ur-Energy: The Company Looks Expensive Despite The Higher NPV Of Lost Creek