Ur-Energy (TSE:URE) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Ur-Energy Inc. (TSE:URE) (NYSE:URG)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.18 and traded as low as C$1.69. Ur-Energy shares last traded at C$1.75, with a volume of 235,779 shares trading hands.

Analyst Ratings Changes

URE has been the subject of several recent analyst reports. Royal Bank Of Canada raised Ur-Energy to a “moderate buy” rating in a research note on Monday, July 13th. B. Riley Financial raised Ur-Energy to a “strong-buy” rating in a research note on Thursday, May 14th. Finally, Canaccord Genuity Group raised Ur-Energy to a “strong-buy” rating in a research note on Thursday, April 2nd. Three analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Ur-Energy Trading Up 4.8%

The business has a fifty day moving average of C$2.03 and a 200-day moving average of C$2.18. The company has a debt-to-equity ratio of 83.56, a quick ratio of 4.64 and a current ratio of 4.44. The company has a market capitalization of C$695.33 million, a P/E ratio of -7.29, a PEG ratio of -0.81 and a beta of 0.32.

Ur-Energy (TSE:URE) (NYSE:URG) last announced its quarterly earnings results on Friday, May 8th. The company reported C($0.10) EPS for the quarter. Ur-Energy had a negative net margin of 297.81% and a negative return on equity of 105.08%. The business had revenue of C$5.43 million for the quarter. Analysts anticipate that Ur-Energy Inc. will post 0.0273858 earnings per share for the current fiscal year.

About Ur-Energy

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.