Ur-Energy (TSE:URE) Raised to “Moderate Buy” at Royal Bank Of Canada

Ur-Energy (TSE:URE) (NYSE:URG) was upgraded by stock analysts at Royal Bank Of Canada to a “moderate buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities analysts have also issued research reports about the company. Canaccord Genuity Group raised Ur-Energy to a “strong-buy” rating in a research note on Thursday, April 2nd. B. Riley Financial raised shares of Ur-Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Four equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.

Ur-Energy Stock Performance

URE opened at C$1.88 on Monday. Ur-Energy has a twelve month low of C$1.57 and a twelve month high of C$3.30. The firm has a market capitalization of C$746.98 million, a PE ratio of -7.83, a PEG ratio of -0.81 and a beta of 0.32. The company has a current ratio of 4.44, a quick ratio of 4.64 and a debt-to-equity ratio of 83.56. The firm’s 50-day moving average price is C$2.18 and its 200 day moving average price is C$2.20.

Ur-Energy (TSE:URE) (NYSE:URG) last released its earnings results on Friday, May 8th. The company reported C($0.10) earnings per share for the quarter. The business had revenue of C$5.43 million during the quarter. Ur-Energy had a negative return on equity of 105.08% and a negative net margin of 297.81%. As a group, sell-side analysts expect that Ur-Energy will post 0.0273858 EPS for the current fiscal 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.