Zacks Investment Research upgraded shares of Ur-Energy Inc. (NYSEMKT:URG) from a strong sell rating to a hold rating in a report released on Thursday.

According to Zacks, “UR-ENERGY INC., is a uranium exploration and development company currently completing mine planning and permitting activities to bring its Lost Creek Wyoming uranium deposit into production. Ur-Energy engages in the identification, acquisition and exploration of uranium properties in both Canada and the United States. Ur-Energy has a registered office in Ottawa, Canada and its corporate headquarters are located in Littleton, Colorado. “

Separately, FBR & Co started coverage on shares of Ur-Energy in a research note on Friday, September 2nd. They set an outperform rating and a $1.00 target price for the company. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of Buy and an average target price of $1.23.

Ur-Energy (NYSEMKT:URG) traded up 1.6623% during midday trading on Thursday, reaching $0.4709. The company’s stock had a trading volume of 227,190 shares. The company’s 50-day moving average is $0.52 and its 200 day moving average is $0.54. Ur-Energy has a 52 week low of $0.44 and a 52 week high of $0.73. The firm’s market capitalization is $67.62 million.

Ur-Energy (NYSEMKT:URG) last released its quarterly earnings data on Friday, July 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. Analysts expect that Ur-Energy will post ($0.02) earnings per share for the current fiscal year.

Ur-Energy Company Profile

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.

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