Ur Energy (NYSEAMERICAN:URG) VP Jade Walle Acquires 75,581 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) VP Jade Walle bought 75,581 shares of the business’s stock in a transaction on Friday, September 11th. The shares were acquired at an average price of $1.29 per share, with a total value of $97,499.49. Following the transaction, the vice president directly owned 327,481 shares of the company’s stock, valued at approximately $422,450.49. This trade represents a 30.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Ur Energy Stock Performance

NYSEAMERICAN URG opened at $1.22 on Wednesday. The company’s 50 day moving average is $1.33 and its 200-day moving average is $1.49. Ur Energy Inc has a 12-month low of $1.12 and a 12-month high of $2.35. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02. The firm has a market cap of $484.82 million, a P/E ratio of -5.55 and a beta of 0.94.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings data 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 return on equity of 110.84% and a negative net margin of 252.75%.The business had revenue of $14.37 million during the quarter, compared to the consensus estimate of $14.36 million. Sell-side analysts predict that Ur Energy Inc will post -0.16 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Ur Energy during the second quarter worth about $38,936,000. Van ECK Associates Corp purchased a new stake in Ur Energy in the second quarter valued at approximately $31,875,000. The Manufacturers Life Insurance Company purchased a new stake in Ur Energy in the second quarter valued at approximately $22,602,000. CenterBook Partners LP lifted its position in Ur Energy by 153.7% during the fourth quarter. CenterBook Partners LP now owns 10,661,242 shares of the basic materials company’s stock valued at $14,819,000 after purchasing an additional 6,458,113 shares during the last quarter. Finally, Alps Advisors Inc. lifted its position in Ur Energy by 11.8% during the fourth quarter. Alps Advisors Inc. now owns 43,829,022 shares of the basic materials company’s stock valued at $60,922,000 after purchasing an additional 4,628,176 shares during the last quarter. 57.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada reduced their price target on Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a research report on Monday, August 17th. HC Wainwright dropped their price objective on Ur Energy from $2.30 to $2.20 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $2.32.

Ur Energy Company Profile

Ur-Energy Inc is a uranium exploration, development and production company focused on supplying uranium for the nuclear energy industry. The company’s activities include acquiring and advancing uranium properties, permitting and constructing recovery facilities, and producing uranium concentrate, commonly known as yellowcake.

Ur-Energy’s primary operating asset is the Lost Creek in-situ recovery uranium project in Wyoming’s Great Divide Basin. The project uses in-situ recovery methods, which circulate a solution through underground uranium deposits to bring the uranium-bearing solution to the surface for processing.