Ur-Energy’s (URG) “Buy” Rating Reaffirmed at HC Wainwright

Ur-Energy Inc. (NYSE:URG) (TSE:URE)‘s stock had its “buy” rating reiterated by investment analysts at HC Wainwright in a research report issued on Monday, October 16th. They currently have a $1.75 target price on the basic materials company’s stock. HC Wainwright’s price target would indicate a potential upside of 230.31% from the stock’s current price.

A number of other brokerages have also recently weighed in on URG. Zacks Investment Research cut shares of Ur-Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. ValuEngine upgraded shares of Ur-Energy from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. FBR & Co reiterated a “buy” rating and set a $1.00 target price on shares of Ur-Energy in a research note on Friday, September 1st. Finally, Roth Capital set a $2.00 target price on shares of Ur-Energy and gave the company a “buy” rating in a research note on Tuesday, August 1st. Five investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of $1.31.

Ur-Energy (NYSE URG) opened at 0.5298 on Monday. Ur-Energy has a 52 week low of $0.41 and a 52 week high of $0.91. The company has a 50-day moving average price of $0.56 and a 200-day moving average price of $0.59. The stock has a market cap of $77.28 million and a price-to-earnings ratio of 9.8111.

Ur-Energy (NYSE:URG) (TSE:URE) last announced its quarterly earnings data on Friday, July 28th. The basic materials company reported $0.01 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.01. Ur-Energy had a net margin of 11.13% and a return on equity of 12.02%. The firm had revenue of $11.82 million for the quarter, compared to the consensus estimate of $12.10 million. Equities research analysts anticipate that Ur-Energy will post $0.04 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This report was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The original version of this report can be read at https://www.dispatchtribunal.com/2017/10/28/ur-energys-urg-buy-rating-reiterated-at-hc-wainwright.html.

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.

Receive News & Ratings for Ur-Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ur-Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply