HC Wainwright Weighs in on Ur Energy FY2027 Earnings

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) – HC Wainwright issued their FY2027 earnings per share (EPS) estimates for Ur Energy in a research note issued to investors on Tuesday, November 10th. HC Wainwright analyst H. Ihle forecasts that the basic materials company will post earnings of ($0.06) per share for the year. HC Wainwright has a “Buy” rating and a $1.80 price objective on the stock. The consensus estimate for Ur Energy’s current full-year earnings is ($0.16) per share.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings data on Monday, November 9th. The basic materials company reported ($0.04) earnings per share for the quarter, meeting the consensus estimate of ($0.04). Ur Energy had a negative net margin of 191.64% and a negative return on equity of 103.27%. The company had revenue of $12.43 million during the quarter, compared to analyst estimates of $14.37 million.

Several other research firms also recently weighed in on URG. B. Riley Financial decreased their price target on shares of Ur Energy from $2.50 to $2.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th. Royal Bank Of Canada cut their price objective on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a research report on Monday, August 17th. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Ur Energy has an average rating of “Buy” and an average price target of $2.17.

Ur Energy Stock Down 16.1%

Shares of NYSEAMERICAN URG opened at $0.68 on Wednesday. The firm has a market cap of $270.15 million, a PE ratio of -3.57 and a beta of 1.21. Ur Energy has a 12-month low of $0.62 and a 12-month high of $2.15. The company’s fifty day simple moving average is $1.03 and its 200 day simple moving average is $1.41. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02.

Insider Activity at Ur Energy

In related news, COO Steven M. Hatten sold 81,576 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $1.39, for a total value of $113,390.64. Following the transaction, the chief operating officer directly owned 345,764 shares in the company, valued at $480,611.96. This trade represents a 19.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Jade Walle purchased 96,556 shares of Ur Energy stock in a transaction that occurred on Thursday, September 24th. The stock was acquired at an average cost of $1.14 per share, with a total value of $110,073.84. Following the transaction, the vice president owned 424,037 shares in the company, valued at $483,402.18. This trade represents a 29.48% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders acquired 182,137 shares of company stock valued at $221,773 and sold 587,005 shares valued at $838,231. Company insiders own 1.63% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in URG. Ieq Capital LLC lifted its position in Ur Energy by 275.3% in the 3rd quarter. Ieq Capital LLC now owns 41,560 shares of the basic materials company’s stock valued at $45,000 after acquiring an additional 30,485 shares in the last quarter. Royce & Associates LP increased its holdings in Ur Energy by 130.0% during the 3rd quarter. Royce & Associates LP now owns 1,624,292 shares of the basic materials company’s stock worth $1,754,000 after purchasing an additional 918,102 shares in the last quarter. Alps Advisors Inc. purchased a new stake in shares of Ur Energy in the third quarter worth approximately $58,194,000. CenterBook Partners LP raised its stake in shares of Ur Energy by 7.4% in the third quarter. CenterBook Partners LP now owns 575,528 shares of the basic materials company’s stock worth $622,000 after purchasing an additional 39,530 shares during the last quarter. Finally, Verity Asset Management Inc. lifted its holdings in shares of Ur Energy by 17.0% in the third quarter. Verity Asset Management Inc. now owns 335,341 shares of the basic materials company’s stock valued at $362,000 after purchasing an additional 48,839 shares in the last quarter. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Ur Energy Company Profile

Ur-Energy Inc. is a uranium exploration, development, and production company focused on advancing domestic uranium resources in the United States. The company’s activities include acquiring, evaluating, permitting, developing, and operating uranium properties, with an emphasis on in-situ recovery methods. Ur-Energy’s principal operating asset is the Lost Creek uranium project in Wyoming’s Great Divide Basin. Lost Creek uses an in-situ recovery process, which extracts uranium from underground formations by circulating a solution through wells and processing the resulting uranium-bearing fluid at a central facility.