Ur-Energy (TSE:URE) Stock Price Up 7.2% – Time to Buy?

Shares of Ur-Energy Inc. (TSE:URE) (NYSE:URG) rose 7.2% during trading on Friday . The company traded as high as C$2.02 and last traded at C$1.94. Approximately 176,534 shares traded hands during trading, a decline of 63% from the average daily volume of 482,719 shares. The stock had previously closed at C$1.81.

Ur-Energy Price Performance

The stock has a fifty day simple moving average of C$2.28 and a 200-day simple moving average of C$2.15. The company has a market capitalization of C$786.71 million, a PE ratio of -9.90, a P/E/G ratio of -0.81 and a beta of 0.05. The company has a current ratio of 5.44, a quick ratio of 4.64 and a debt-to-equity ratio of 88.08.

Ur-Energy (TSE:URE) (NYSE:URG) last issued its earnings results on Tuesday, March 10th. The company reported C($0.05) earnings per share for the quarter. The business had revenue of C$13.98 million for the quarter. Ur-Energy had a negative return on equity of 76.17% and a negative net margin of 275.29%. Equities analysts anticipate that Ur-Energy Inc. will post 0.0273858 earnings per share for the current 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.