Why These Energy Stocks are Gaining This Week

8. Ur-Energy Inc. (NYSE:URG)

Share Price Gains Between Apr. 9 – Apr. 16: 9.41%

Ur‑Energy Inc. (NYSE:URG) is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.

Ur‑Energy Inc. (NYSE:URG) reported its Q4 2024 results last week, posting a revenue of $22.65 million, up by a significant 316.34% from Q4 2023 and beating estimates by $878,000. Moreover, the company reported an increase in uranium production in 2024, capturing a total of  265,746 pounds of U3O8 against 103,487 pounds in 2023. URG also ended the year with cash resources of $76.1 million, compared to $59.7 million on December 31, 2023.