Ur-Energy (TSE:URE) Hits New 12-Month Low – What’s Next?

Ur-Energy Inc. (TSE:URE) (NYSE:URG)’s share price hit a new 52-week low on Monday. The company traded as low as C$1.49 and last traded at C$1.49, with a volume of 8262 shares changing hands. The stock had previously closed at C$1.53.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded shares of Ur-Energy to a “moderate buy” rating in a research report on Monday, July 13th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Strong Buy”.

Ur-Energy Price Performance

The stock has a 50-day simple moving average of C$1.80 and a 200 day simple moving average of C$2.01. The company has a debt-to-equity ratio of 103.29, a quick ratio of 4.64 and a current ratio of 4.00. The company has a market cap of C$628.63 million, a P/E ratio of -6.87, a P/E/G ratio of -0.81 and a beta of 1.18.

Insider Buying and Selling

In other Ur-Energy news, insider Jade Walle purchased 96,030 shares of the firm’s stock in a transaction on Thursday, September 24th. The shares were purchased at an average price of C$1.58 per share, for a total transaction of C$151,727.40. Following the completion of the purchase, the insider directly owned 423,511 shares of the company’s stock, valued at approximately C$669,147.38. This represents a 29.32% increase in their ownership of the stock. Insiders acquired 172,137 shares of company stock valued at $287,848 over the last three months. 1.34% of the stock is owned by company insiders.

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.