Ur Energy (NYSEAMERICAN:URG) Director Kathy Walker Sells 72,838 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Kathy Walker sold 72,838 shares of Ur Energy stock in a transaction on Friday, August 21st. The stock was sold at an average price of $1.38, for a total transaction of $100,516.44. Following the sale, the director directly owned 587,267 shares of the company’s stock, valued at $810,428.46. This represents a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Ur Energy Stock Up 0.7%

URG opened at $1.43 on Tuesday. The stock has a market cap of $568.27 million, a PE ratio of -6.50 and a beta of 0.95. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02. Ur Energy Inc has a 52 week low of $1.12 and a 52 week high of $2.35. The business’s fifty day simple moving average is $1.34 and its 200 day simple moving average is $1.52.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Ur Energy had a negative return on equity of 110.84% and a negative net margin of 252.75%.The firm had revenue of $14.37 million for the quarter, compared to the consensus estimate of $14.36 million. As a group, research analysts expect that Ur Energy Inc will post -0.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ur Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. CTC Alternative Strategies Ltd. purchased a new position in Ur Energy in the 1st quarter worth approximately $31,000. AXQ Capital LP purchased a new stake in shares of Ur Energy during the second quarter valued at approximately $31,000. TD Waterhouse Canada Inc. boosted its stake in shares of Ur Energy by 378.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 19,700 shares during the period. Gabelli Funds LLC bought a new position in shares of Ur Energy in the third quarter worth approximately $36,000. Finally, Earned Wealth Advisors LLC bought a new position in shares of Ur Energy in the first quarter worth approximately $37,000. 57.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. HC Wainwright cut their target price on Ur Energy from $2.30 to $2.20 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Northland Securities set a $2.35 price target on shares of Ur Energy in a research note on Tuesday, May 12th. Roth Capital restated a “buy” rating and issued a $2.00 price objective on shares of Ur Energy in a report on Tuesday, May 12th. B. Riley Financial raised shares of Ur Energy to a “strong-buy” rating in a report on Thursday, May 14th. Finally, Royal Bank Of Canada decreased their target price on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat, Ur Energy has a consensus rating of “Buy” and a consensus target price of $2.32.

Ur Energy Company Profile

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013.