Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) have earned a consensus recommendation of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $1.67.
URG has been the topic of a number of recent analyst reports. HC Wainwright set a $2.00 price target on shares of Ur-Energy and gave the company a “buy” rating in a report on Monday, October 30th. B. Riley reiterated a “buy” rating on shares of Ur-Energy in a report on Monday, November 6th. Zacks Investment Research reiterated a “hold” rating on shares of Ur-Energy in a report on Saturday, January 6th. Roth Capital set a $2.00 price target on shares of Ur-Energy and gave the company a “buy” rating in a report on Monday, October 30th. Finally, ValuEngine cut shares of Ur-Energy from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st.
Shares of Ur-Energy (NYSEAMERICAN URG) traded up $0.01 during midday trading on Friday, hitting $0.68. 197,740 shares of the company’s stock were exchanged, compared to its average volume of 400,611. Ur-Energy has a fifty-two week low of $0.50 and a fifty-two week high of $0.82. The company has a market capitalization of $100.03, a P/E ratio of 33.50 and a beta of 0.88.
In other news, insider Jeffrey T. Klenda sold 100,000 shares of Ur-Energy stock in a transaction 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 in the company, valued at approximately $1,912,016.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul Macdonell sold 68,763 shares of Ur-Energy stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $0.69, for a total transaction of $47,446.47. The disclosure for this sale can be found here.
Several institutional investors have recently modified their holdings of the company. Commerzbank Aktiengesellschaft FI bought a new stake in shares of Ur-Energy during the 4th quarter valued at $833,000. Verity Asset Management Inc. bought a new stake in shares of Ur-Energy during the 4th quarter valued at $129,000. Global X Management Co. LLC bought a new stake in shares of Ur-Energy during the 4th quarter valued at $14,089,000. Finally, Gagnon Securities LLC bought a new stake in shares of Ur-Energy during the 4th quarter valued at $352,000.
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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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