Ur-Energy Inc. (URG) Short Interest Down 1.0% in July
Ur-Energy Inc. (NYSE:URG) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 4,261,045 shares, a drop of 1.0% from the July 14th total of 4,303,325 shares. Based on an average daily volume of 321,530 shares, the days-to-cover ratio is presently 13.3 days. Currently, 3.2% of the company’s stock are sold short.
Shares of Ur-Energy (NYSE URG) opened at 0.58 on Friday. The firm has a market capitalization of $84.61 million and a P/E ratio of 10.74. The stock’s 50 day moving average price is $0.63 and its 200 day moving average price is $0.66. Ur-Energy has a 52 week low of $0.41 and a 52 week high of $0.91.
Ur-Energy (NYSE:URG) last released its earnings results on Friday, July 28th. The basic materials company reported $0.01 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.01. The firm had revenue of $11.82 million during the quarter, compared to analyst estimates of $12.10 million. Ur-Energy had a net margin of 34.99% and a return on equity of 52.46%. On average, analysts predict that Ur-Energy will post $0.05 EPS for the current fiscal year.
Several research analysts have commented on the company. Zacks Investment Research lowered Ur-Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 20th. 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. TheStreet upgraded Ur-Energy from a “d” rating to a “c” rating in a research note on Tuesday, May 30th. Finally, ValuEngine downgraded Ur-Energy from a “buy” rating to a “hold” rating in a research note on Saturday, June 3rd. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Ur-Energy has an average rating of “Buy” and an average target price of $1.25.
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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