Ur-能源 2026年季度报告

FORM10-Q (Mark One) ☑QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(D)OF THE SECURITIES EXCHANGE ACT OF1934FOR THE QUARTERLY PERIOD ENDED March 31, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(D)OF THE SECURITIES EXCHANGE ACT OF1934 FOR THE TRANSITION PERIOD OF _________ TO _________. Commission File Number: 001-33905 UR-ENERGYINC. (Exact name of registrant as specified in its charter) Not Applicable(I.R.S. Employer Identification No.) 1478 Willer DriveCasper, Wyoming 82604(Address of principal executive offices, including zip code)Registrant’s telephone number, including area code:720-981-4588 Securities registered pursuant to Section12(b)of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90days.Yes☑No◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrantwas required to submit such files).Yes☑No◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule12b-2 of the Exchange Act.Large accelerated filer◻Accelerated filer◻Non-accelerated filer☑Smaller reporting company☑Emerging growth company◻ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.◻ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes◻No☑ As of April 30, 2026, there were 397,331,853 shares of the registrant’s no par value Common Shares (“Common Shares”), theregistrant’s only outstanding class of voting securities, outstanding. UR-ENERGYINC.TABLE OF CONTENTS PART I – FINANCIAL INFORMATION Item 1.Financial Statements5Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations26Item 3.Quantitative and Qualitative Disclosures about Market Risk48Item 4.Controls and Procedures49 PART II – OTHER INFORMATION Item 1.Legal Proceedings50Item 1A.Risk Factors50Item 2.Unregistered Sales of Equity Securities and Use of Proceeds50Item 3.Defaults Upon Senior Securities50Item 4.Mine Safety Disclosure50Item 5.Other Information50Item 6.Exhibits51 SIGNATURES52 Table of Contents When we use the terms “Ur-Energy,” “we,” “us,” “our,” or the “Company,” we are referring to Ur-EnergyInc. andits subsidiaries, unless the context otherwise requires. Throughout this document we make statements that areclassified as “forward-looking.” Please refer to the “Cautionary Statement Regarding Forward-Looking Statements”section below for an explanation of these types of assertions. Cautionary Statement Regarding Forward-Looking Information This report on Form10-Q contains “forward-looking statements” within the meaning of the United States PrivateSecurities Litigation Reform Act of 1995 and applicable Canadian securities laws, and these forward-lookingstatements can be identified by the use of words such as “expect,” “anticipate,” “estimate,” “believe,” “may,”“potential,” “intend,” “plan,” and other similar expressions or statements that an action, event, or result “may,”“could,” or “should” be taken, occur, or be achieved or the negative thereof or other similar statements. Thesestatements are only predictions and involve known and unknown risks, uncertainties, and other factors that may causeour actual results, performance, achievements, or industry results to be materially different from any future results,performance, or achievements expressed or implied by these forward-looking statements. Such statements include, butare not limited to: (i)our ability to maintain and conduct operations and other activities at Lost Creek and ShirleyBasin in a safe and compliant manner; (ii)our ability and the timing to continue to ramp up and increase productionoperations at Lost Creek; (iii) our ability at Shirley Basin to move from initial operations to full production operationsand begin transporting uranium-loaded resin to Lost Creek for processing, drying, and drumming and to ramp up andincrease production operations at Shirley Basin; (iv) our ability to deliver into our sales commitments; (v)our ability tosatisfy our inventory loan or convertible notes obligations; (vi) whether the sales prices in our contracts will beprofitable