$URG- Uranium Stock Clear For Takeoff 🛫 ?

**$URG detailed investment report on Ur-Energy. Technical breakout is possible. Testing 52WH soon which is also the 10-year high!! Might be a gem 2026 uranium stock!!** **Current price:** **$1.8**. **Price Target:** **$2.79++ with room to run** # Summary: **Uranium market exposure** (page 13): Uranium spot price is expected to rally. We expect 1.23x gain to gross margins of URG, per $ increase of uranium price / lb. **Valuation Re-rating expected Q1 2026** (page 16): The market is still pricing in 2024 production guidance miss on its primary asset; yet the company has made significant rectifying progress. Q4 2025 is expected to show renewed ramp-up of uranium production toward licensed capacity. **Multi-asset mine transition (page 17):** In Q1 2026, Ur-Energy’s production capacity is expected to double from 1.2M lbs/year to 2.2M owing to commissioning of its second asset—Lost Creek. **Price discovery to be tested (page 4):** The 52-week high aligns with the 10-year high. The chart is primed for a retest of both, creating the potential for a sustained run well beyond our valuation price target (page 22). **Aggressive accumulation (page 21):** 40% institutional share growth YTD despite price swings; Q3 sales were disciplined profit-taking at $2.10 highs. **$16M ‘Insider’ Call Option (page 22):** In December 2025, the Company purchased a $16M cash call option on their own stock, using corporate funds. The $16.6M capped call hedge neutralizes dilution risk up to $2.72/share (**\~65% upside from $1.7)**. Thanks to the team from Montgolfier Research!! Well done. I am in at $1.8. 10-year/52H here we come!!