Ur-Energy Reports Restart Of Commercial Production And Completion Of Casper Centralized Services Facility
Portfolio Pulse from Benzinga Newsdesk
Ur-Energy has restarted commercial production at its Lost Creek In Situ Uranium Facility in Wyoming and completed the construction of its Casper centralized services facility. The company's total sales quantity under contract is 600,000 pounds U3O8 annually starting from 2024.
May 30, 2023 | 9:12 pm
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POSITIVE IMPACT
Ur-Energy's restart of commercial production at Lost Creek and completion of Casper facility may positively impact its stock price.
The restart of commercial production at Lost Creek and completion of the Casper facility indicate progress in Ur-Energy's operations. This may lead to increased revenues and improved investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100