Ur-Energy Inc. Reports Net Loss in Interim Financial Statements
Net Loss of $7.3 Million for the First Half of 2023
By USInMinutes
Published - Aug 10, 2023, 08:57 AM ET
Last Updated - Aug 10, 2023, 08:57 AM EDT
Ur-Energy Inc.(URG), a prominent playe r in the energy sector, has reported its interim consolidated financial statements for the first half of 2023. The financial data reveals a net loss of $7.3 million for the period, reflecting a challenging environment for the company.
Revenue Decline Noted in Strapline
The revenue for the first half of 2023 amounted to $6.5 million, compared to $19 million for the same period in the previous year. This decline in revenue can be attributed to various factors affecting the energy industry.
Mixed Results for Ur-Energy Inc.