Ur Energy (NYSEAMERICAN:URG) VP Jade Walle Acquires 96,556 Shares of Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) VP Jade Walle purchased 96,556 shares of the company’s stock in a transaction dated Thursday, September 24th. The stock was bought at an average price of $1.14 per share, with a total value of $110,073.84. Following the completion of the transaction, the vice president directly owned 424,037 shares of the company’s stock, valued at approximately $483,402.18. This represents a 29.48% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Friday, September 11th, Jade Walle acquired 75,581 shares of Ur Energy stock. The shares were purchased at an average price of $1.29 per share, with a total value of $97,499.49.

Ur Energy Stock Performance

URG stock remained flat at $1.13 during midday trading on Friday. The company’s stock had a trading volume of 4,755,880 shares, compared to its average volume of 9,131,173. The company’s fifty day simple moving average is $1.32 and its 200-day simple moving average is $1.47. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. The stock has a market capitalization of $449.05 million, a PE ratio of -5.14 and a beta of 0.94. Ur Energy Inc has a one year low of $1.12 and a one year high of $2.35.

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 firm had revenue of $14.37 million during the quarter, compared to analysts’ expectations of $14.36 million. As a group, research analysts expect that Ur Energy Inc will post -0.16 EPS for the current fiscal year.

Institutional Trading of Ur Energy

A number of hedge funds have recently added to or reduced their stakes in URG. CTC Alternative Strategies Ltd. acquired a new position in Ur Energy during the 1st quarter valued at about $31,000. AXQ Capital LP acquired a new stake in Ur Energy in the 2nd quarter valued at approximately $31,000. Pacer Advisors Inc. raised its stake in Ur Energy by 2.0% during the 1st quarter. Pacer Advisors Inc. now owns 1,220,144 shares of the basic materials company’s stock valued at $1,818,000 after acquiring an additional 24,386 shares in the last quarter. Earned Wealth Advisors LLC acquired a new position in Ur Energy during the 1st quarter worth $37,000. Finally, Jefferies Financial Group Inc. grew its stake in shares of Ur Energy by 89.3% in the fourth quarter. Jefferies Financial Group Inc. now owns 73,061 shares of the basic materials company’s stock worth $102,000 after purchasing an additional 34,461 shares in the last quarter. 57.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Royal Bank Of Canada decreased their price target on Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a report on Monday, August 17th. HC Wainwright cut their target price on 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 given a Buy rating to the stock. According to data from MarketBeat, Ur Energy has an average rating of “Buy” and an average target price of $2.28.

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.