Why Ur-Energy Stock Was Rising This Week
2026-03-13 05:21:03 ET
Investors have been rather energized about Ur-Energy (NYSEMKT: URG) lately. That's due in part to greater visibility, as the uranium production and exploration company specializes in a material used for power generation that isn't petroleum. A business update also provided enough optimism to mitigate an annual earnings report that showed a deepening net loss.
Week-to-date as of early Friday morning, Ur-Energy's stock was up by 12%, according to data compiled by S&P Global Market Intelligence .
The Iran war has, predictably, driven oil prices considerably higher. When this occurs, investors like to buy into alt-fuel stocks, such as nuclear power producers and companies mining non-petroleum energy sources. Ur-Energy -- which is both an active uranium producer and an exploration company seeking more -- fits the bill.
NASDAQ: URG
URG Trading
19.58% G/L:
$2.015 Last:
35,272,688 Volume:
$1.84 Open:
