Insider Buying: Ur Energy (NYSEAMERICAN:URG) General Counsel Purchases 10,000 Shares of Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) General Counsel David Ritchie purchased 10,000 shares of Ur Energy stock in a transaction that occurred on Monday, August 24th. The shares were acquired at an average price of $1.42 per share, with a total value of $14,200.00. Following the acquisition, the general counsel directly owned 10,000 shares of the company’s stock, valued at $14,200. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Ur Energy Stock Performance

URG traded up $0.05 during trading hours on Tuesday, reaching $1.48. The company’s stock had a trading volume of 7,872,179 shares, compared to its average volume of 9,526,240. 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 company’s 50-day moving average is $1.34 and its 200-day moving average is $1.52. Ur Energy Inc has a 52 week low of $1.12 and a 52 week high of $2.35. The firm has a market cap of $588.14 million, a PE ratio of -6.73 and a beta of 0.95.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its earnings results on Monday, August 10th. The basic materials company reported ($0.04) earnings per share (EPS) 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 business had revenue of $14.37 million during the quarter, compared to the consensus estimate of $14.36 million. On average, equities analysts forecast that Ur Energy Inc will post -0.16 EPS for the current year.

Ur Energy News Summary

Here are the key news stories impacting Ur Energy this week:

• Positive Sentiment: Analyst sentiment remains favorable. URG carries a consensus “Buy” rating, with a reported average price target of $2.32 versus recent trading levels. Royal Bank of Canada, HC Wainwright and Roth Capital maintain positive ratings, although RBC and HC Wainwright recently lowered their targets to $1.60 and $2.20, respectively.
• Positive Sentiment: Institutional ownership provides a supportive signal. Alps Advisors increased its position, while BlackRock, VanEck Associates and Manufacturers Life Insurance initiated new positions during the reported periods. Hedge funds and other institutions collectively own approximately 57.5% of Ur-Energy’s shares. Institutional ownership report
• Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at approximately $1.42, establishing a new position. The purchase is a modest positive signal, though it is considerably smaller than the reported insider sales.
• Neutral Sentiment: Ur-Energy’s latest quarterly revenue was essentially in line with estimates at $14.37 million, but the company reported a $0.04-per-share loss, missing the consensus loss estimate of $0.03. Analysts expect a full-year loss of approximately $0.16 per share, underscoring that the uranium producer remains unprofitable.
• Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for about $148,000, reducing his holdings by 13.7%. Directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively, reducing their ownership by 43.9% and 10.1%.
• Negative Sentiment: Additional selling included 72,838 shares by Director Kathy Walker and 81,576 shares by COO Steven M. Hatten. Collectively, the recent transactions represent meaningful insider selling and may create near-term selling pressure, although such trades do not necessarily indicate a change in the company’s long-term outlook. Ur-Energy insider trading report

Wall Street Analyst Weigh In

URG has been the subject of a number of research reports. Royal Bank Of Canada dropped their price target on Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a research note on Monday, August 17th. Northland Securities set a $2.35 target price on Ur Energy in a research report on Tuesday, May 12th. B. Riley Financial raised Ur Energy to a “strong-buy” rating in a research note on Thursday, May 14th. Roth Capital reaffirmed a “buy” rating and issued a $2.00 price objective on shares of Ur Energy in a research note on Tuesday, May 12th. Finally, 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 research report on Tuesday, August 11th. Two analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $2.32.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of Ur Energy in the 2nd quarter valued at approximately $38,936,000. Van ECK Associates Corp bought a new position in shares of Ur Energy during the second quarter valued at approximately $31,875,000. The Manufacturers Life Insurance Company bought a new stake in shares of Ur Energy in the 2nd quarter worth approximately $22,602,000. CenterBook Partners LP grew its stake in shares of Ur Energy by 153.7% in the 4th quarter. CenterBook Partners LP now owns 10,661,242 shares of the basic materials company’s stock worth $14,819,000 after buying 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 in the last quarter. Hedge funds and other institutional investors own 57.51% of the company’s stock.

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.