Ur Energy (NYSEAMERICAN:URG) CFO Sells $148,056.48 in Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) CFO Roger Smith sold 103,536 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $1.43, for a total value of $148,056.48. Following the sale, the chief financial officer owned 651,562 shares of the company’s stock, valued at approximately $931,733.66. This trade represents a 13.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Ur Energy Stock Performance

Shares of NYSEAMERICAN URG opened at $1.53 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 3.25 and a current ratio of 4.00. The firm has a market cap of $608.01 million, a price-to-earnings ratio of -6.95 and a beta of 0.95. The business’s 50-day simple moving average is $1.34 and its 200-day simple moving average is $1.52. Ur Energy Inc has a 52 week low of $1.12 and a 52 week high of $2.35.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Ur Energy had a negative net margin of 252.75% and a negative return on equity of 110.84%. The company had revenue of $14.37 million for the quarter, compared to analyst estimates of $14.36 million. As a group, equities research analysts expect that Ur Energy Inc will post -0.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ur Energy

Several hedge funds have recently modified their holdings of the business. CTC Alternative Strategies Ltd. acquired a new stake in shares of Ur Energy in the first quarter worth $31,000. AXQ Capital LP bought a new position in Ur Energy during the second quarter worth $31,000. TD Waterhouse Canada Inc. raised its stake in Ur Energy by 378.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 19,700 shares during the last quarter. Gabelli Funds LLC acquired a new position in Ur Energy during the 3rd quarter valued at $36,000. Finally, Earned Wealth Advisors LLC bought a new stake in Ur Energy in the 1st quarter valued at $37,000. 57.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

URG has been the topic of several recent analyst reports. HC Wainwright dropped their target price on shares of Ur Energy from $2.30 to $2.20 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Roth Capital restated a “buy” rating and set a $2.00 price target on shares of Ur Energy in a report on Tuesday, May 12th. Northland Securities set a $2.35 price target on shares of Ur Energy in a report on Tuesday, May 12th. Royal Bank Of Canada lowered their price target on Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a research report on Monday, August 17th. Finally, B. Riley Financial upgraded Ur Energy to a “strong-buy” rating in a research note on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. Based on data from MarketBeat, Ur Energy currently has a consensus rating of “Buy” and a consensus price target of $2.32.

Ur Energy Company Profile

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013.