Ur-Energy (URG) Shares Gap Down to $0.79
Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) gapped down before the market opened on Monday . The stock had previously closed at $0.77, but opened at $0.79. Ur-Energy shares last traded at $0.78, with a volume of 58540 shares.
Several equities analysts have issued reports on URG shares. Zacks Investment Research downgraded shares of Ur-Energy from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 18th. TheStreet downgraded shares of Ur-Energy from a “c” rating to a “d+” rating in a report on Tuesday, July 31st. Finally, HC Wainwright set a $2.00 price objective on shares of Ur-Energy and gave the company a “buy” rating in a report on Monday, July 30th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $1.58.
Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its quarterly earnings data on Friday, July 27th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.03. The business had revenue of $3.81 million for the quarter, compared to the consensus estimate of $6.16 million. Ur-Energy had a negative net margin of 25.68% and a negative return on equity of 27.83%.
About Ur-Energy (NYSEAMERICAN:URG)
Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 13 projects located in the United States. Its principal property is the Lost Creek project comprising a total of approximately 1,900 unpatented mining claims and 3 Wyoming mineral leases covering an area of approximately 37,500 acres located in the Great Divide Basin, Wyoming.
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