ValuEngine upgraded shares of Ur-Energy Inc. (NYSE:URG) (TSE:URE) from a hold rating to a buy rating in a research note issued to investors on Monday.

Several other equities analysts have also recently issued reports on the company. Zacks Investment Research raised Ur-Energy from a hold rating to a buy rating and set a $0.75 target price on the stock in a research note on Thursday, July 20th. FBR & Co reissued a buy rating and set a $1.00 target price on shares of Ur-Energy in a research note on Friday, September 1st. Finally, Roth Capital set a $2.00 target price on Ur-Energy and gave the company a buy rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $1.25.

Shares of Ur-Energy (NYSE:URG) opened at 0.5512 on Monday. The company has a 50-day moving average price of $0.58 and a 200 day moving average price of $0.60. Ur-Energy has a one year low of $0.41 and a one year high of $0.91. The company has a market capitalization of $80.41 million and a PE ratio of 10.2074.

Ur-Energy (NYSE:URG) (TSE:URE) last announced its quarterly earnings results on Friday, July 28th. The basic materials company reported $0.01 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.01. The business had revenue of $11.82 million for the quarter, compared to analysts’ expectations of $12.10 million. Ur-Energy had a return on equity of 12.02% and a net margin of 11.13%. Equities analysts anticipate that Ur-Energy will post $0.05 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: “ValuEngine Upgrades Ur-Energy Inc. (URG) to Buy” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at

About Ur-Energy

Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Ur-Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ur-Energy Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.