Ur-Energy (NYSEAMERICAN:URG) (TSE:URE)‘s stock had its “hold” rating restated by Zacks Investment Research in a research report issued to clients and investors on Saturday, January 6th.
According to Zacks, “Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. They have produced, packaged and shipped more than two million pounds from Lost Creek since the commencement of operations. Applications are under review by various agencies to incorporate their LC East project area into the Lost Creek permits, and they have begun to submit applications for permits and licenses to construct and operate at their Shirley Basin Project. Ur-Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. “
A number of other research analysts have also recently issued reports on the company. B. Riley reaffirmed a “buy” rating on shares of Ur-Energy in a research note on Monday, November 6th. Roth Capital set a $2.00 target price on shares of Ur-Energy and gave the stock a “buy” rating in a report on Monday, October 30th. ValuEngine lowered shares of Ur-Energy from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, HC Wainwright set a $2.00 target price on shares of Ur-Energy and gave the stock a “buy” rating in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $1.38.
Ur-Energy (URG) traded up $0.01 on Friday, reaching $0.68. The company had a trading volume of 75,043 shares, compared to its average volume of 445,588. Ur-Energy has a 1-year low of $0.50 and a 1-year high of $0.91. The company has a market capitalization of $98.07, a PE ratio of 33.65 and a beta of 0.95.
In other news, Director Paul Macdonell sold 68,763 shares of Ur-Energy stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $0.69, for a total transaction of $47,446.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeffrey T. Klenda sold 100,000 shares of Ur-Energy stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $0.71, for a total transaction of $71,000.00. Following the transaction, the insider now owns 2,692,981 shares of the company’s stock, valued at $1,912,016.51. The disclosure for this sale can be found here.
An institutional investor recently bought a new position in Ur-Energy stock. Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,219,014 shares of the basic materials company’s stock, valued at approximately $833,000. Commerzbank Aktiengesellschaft FI owned approximately 0.83% of Ur-Energy as of its most recent SEC filing.
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Ur-Energy Company Profile
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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