Ur Energy (NYSEAMERICAN:URG) Director Sells $106,579.08 in Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Robby Sai Kit Chang sold 75,588 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $1.41, for a total value of $106,579.08. Following the transaction, the director owned 96,449 shares in the company, valued at approximately $135,993.09. This trade represents a 43.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Ur Energy Price Performance

Ur Energy stock opened at $1.53 on Friday. The company has a current ratio of 4.00, a quick ratio of 3.25 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $608.01 million, a P/E ratio of -6.95 and a beta of 0.95. The business has a 50-day moving average of $1.34 and a 200-day moving average of $1.52. Ur Energy Inc has a 1 year low of $1.12 and a 1 year 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) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $14.37 million during the quarter, compared to analyst estimates of $14.36 million. On average, equities analysts anticipate that Ur Energy Inc will post -0.16 EPS for the current year.

Institutional Trading of Ur Energy

A number of large investors have recently bought and sold shares of the business. CTC Alternative Strategies Ltd. acquired a new stake in Ur Energy during the 1st quarter worth approximately $31,000. AXQ Capital LP acquired a new position in shares of Ur Energy in the second quarter valued at approximately $31,000. TD Waterhouse Canada Inc. increased its position in shares of Ur Energy by 378.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 19,700 shares in the last quarter. Gabelli Funds LLC bought a new stake in shares of Ur Energy during the third quarter worth $36,000. Finally, Earned Wealth Advisors LLC acquired a new stake in shares of Ur Energy during the first quarter worth $37,000. 57.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. HC Wainwright cut 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. B. Riley Financial raised shares of Ur Energy to a “strong-buy” rating in a report on Thursday, May 14th. Northland Securities set a $2.35 price objective on shares of Ur Energy in a research report on Tuesday, May 12th. Roth Capital reaffirmed a “buy” rating and set a $2.00 price objective on shares of Ur Energy in a research note on Tuesday, May 12th. Finally, Royal Bank Of Canada reduced their target price on Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a report on Monday, August 17th. Two analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Ur Energy has an average rating of “Buy” and an average target price of $2.32.

About Ur Energy

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.