Analysts Set Ur-Energy Inc. (URG) Price Target at $1.58

Ur-Energy Inc. (NYSE:URG) (TSE:URE) has been given a consensus rating of “Buy” by the six research firms that are presently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $1.31.

URG has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Ur-Energy from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Roth Capital set a $2.00 price objective on shares of Ur-Energy and gave the stock a “buy” rating in a report on Tuesday, August 1st. FBR & Co reaffirmed a “buy” rating and set a $1.00 price objective on shares of Ur-Energy in a report on Friday, September 1st. ValuEngine raised shares of Ur-Energy from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, HC Wainwright reaffirmed a “buy” rating and set a $1.75 price objective on shares of Ur-Energy in a report on Monday.



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Ur-Energy (URG) traded up 4.00% during midday trading on Monday, reaching $0.52. 356,521 shares of the company traded hands. Ur-Energy has a 12 month low of $0.41 and a 12 month high of $0.91. The firm has a 50 day moving average of $0.57 and a 200-day moving average of $0.59. The stock has a market capitalization of $75.85 million and a price-to-earnings ratio of 9.63.

Ur-Energy (NYSE:URG) (TSE:URE) last posted its quarterly earnings data on Friday, July 28th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.01. The business had revenue of $11.82 million during the quarter, compared to the consensus estimate of $12.10 million. Ur-Energy had a net margin of 11.13% and a return on equity of 12.02%. Analysts forecast that Ur-Energy will post $0.04 EPS for the current fiscal year.

About Ur-Energy

Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.

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