Insider Buying: Ur-Energy (TSE:URE) Insider Buys 96,030 Shares of Company Stock

Ur-Energy Inc. (TSE:URE) (NYSE:URG) insider Jade Walle purchased 96,030 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The shares were acquired at an average cost of C$1.58 per share, with a total value of C$151,727.40. Following the completion of the purchase, the insider owned 423,511 shares of the company’s stock, valued at C$669,147.38. The trade was a 29.32% increase in their ownership of the stock.

Jade Walle also recently made the following trade(s):

• On Thursday, September 24th, Jade Walle acquired 526 shares of Ur-Energy stock. The stock was acquired at an average cost of C$1.58 per share, for a total transaction of C$831.08.
• On Friday, September 11th, Jade Walle bought 75,581 shares of Ur-Energy stock. The shares were acquired at an average cost of C$1.79 per share, with a total value of C$135,289.99.

Ur-Energy Price Performance

Shares of Ur-Energy stock remained flat at C$1.60 on Friday. 111,679 shares of the company’s stock traded hands, compared to its average volume of 395,638. The firm has a 50 day moving average price of C$1.83 and a 200-day moving average price of C$2.04. The company has a market cap of C$636.58 million, a PE ratio of -6.96, a PEG ratio of -0.81 and a beta of 0.69. Ur-Energy Inc. has a 52 week low of C$1.59 and a 52 week high of C$3.30. The company has a quick ratio of 4.64, a current ratio of 4.00 and a debt-to-equity ratio of 103.29.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded Ur-Energy to a “moderate buy” rating in a report on Monday, July 13th. Three investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.

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.