Advisory Services Network LLC Buys 8,829 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG)

Advisory Services Network LLC raised its stake in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 10.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,161 shares of the basic materials company’s stock after acquiring an additional 8,829 shares during the quarter. Advisory Services Network LLC’s holdings in Ur-Energy were worth $155,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. raised its holdings in Ur-Energy by 33,421.3% in the 2nd quarter. BlackRock Inc. now owns 8,925,046 shares of the basic materials company’s stock valued at $12,495,000 after buying an additional 8,898,421 shares during the last quarter. State Street Corp bought a new position in Ur-Energy in the 2nd quarter valued at approximately $2,755,000. Exchange Traded Concepts LLC raised its holdings in Ur-Energy by 31.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 6,856,656 shares of the basic materials company’s stock valued at $11,793,000 after buying an additional 1,635,725 shares during the last quarter. Northern Trust Corp bought a new position in Ur-Energy in the 2nd quarter valued at approximately $1,999,000. Finally, Geode Capital Management LLC bought a new position in Ur-Energy in the 2nd quarter valued at approximately $1,911,000. 26.89% of the stock is owned by hedge funds and other institutional investors.

In other news, Director W. William Boberg sold 42,247 shares of Ur-Energy stock in a transaction on Friday, November 5th. The stock was sold at an average price of $1.85, for a total transaction of $78,156.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Roger L. Smith sold 141,184 shares of Ur-Energy stock in a transaction on Monday, November 8th. The stock was sold at an average price of $1.93, for a total value of $272,485.12. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 628,267 shares of company stock worth $1,131,034. Company insiders own 5.20% of the company’s stock.

A number of research firms have weighed in on URG. HC Wainwright reissued a “buy” rating and set a $3.00 target price (up previously from $2.10) on shares of Ur-Energy in a research report on Wednesday, September 29th. Zacks Investment Research raised shares of Ur-Energy from a “sell” rating to a “hold” rating in a research report on Friday, January 7th. Finally, Alliance Global Partners increased their target price on shares of Ur-Energy from $2.20 to $2.50 and gave the company a “buy” rating in a research report on Tuesday, November 2nd.

NYSEAMERICAN URG opened at $1.30 on Friday. Ur-Energy Inc. has a 12-month low of $0.80 and a 12-month high of $2.15. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.62 and a quick ratio of 5.62. The firm has a market capitalization of $280.82 million, a P/E ratio of -8.67 and a beta of 1.45.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its quarterly earnings results on Sunday, October 31st. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The company had revenue of $0.01 million for the quarter, compared to analyst estimates of $3.50 million. On average, sell-side analysts expect that Ur-Energy Inc. will post -0.08 earnings per share for the current year.

Ur-Energy Company Profile

Ur-Energy, Inc is an exploration stage mining company, which engages in the development and exploration of mineral properties. Its portfolio includes the Lost Creek uranium project, Shirley Basin mine site, Lost Soldier property, and Lucky Mc Mine site. The company was founded by Jeffrey T. Klenda and Paul W.

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Institutional Ownership by Quarter for Ur-Energy (NYSEAMERICAN:URG)

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