Insider Selling: Ur-Energy Inc. (NYSEAMERICAN:URG) Director Sells $46,000.00 in Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director James M. Franklin sold 50,000 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $0.92, for a total value of $46,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

NYSEAMERICAN:URG opened at $0.90 on Thursday. Ur-Energy Inc. has a 1 year low of $0.54 and a 1 year high of $0.99.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings data on Friday, May 3rd. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $4.81 million during the quarter, compared to analyst estimates of $4.80 million.

Several equities research analysts have weighed in on URG shares. HC Wainwright restated a “buy” rating and set a $1.50 price target on shares of Ur-Energy in a report on Monday, April 15th. Zacks Investment Research downgraded Ur-Energy from a “buy” rating to a “hold” rating in a report on Thursday, May 9th.

Large investors have recently added to or reduced their stakes in the company. Verity Asset Management Inc. boosted its position in shares of Ur-Energy by 20.5% in the 4th quarter. Verity Asset Management Inc. now owns 181,217 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 30,782 shares during the period. Exane Derivatives boosted its position in shares of Ur-Energy by 232.8% in the 1st quarter. Exane Derivatives now owns 629,000 shares of the basic materials company’s stock valued at $518,000 after purchasing an additional 440,000 shares during the period. Cetera Advisors LLC boosted its position in shares of Ur-Energy by 307.8% in the 4th quarter. Cetera Advisors LLC now owns 547,393 shares of the basic materials company’s stock valued at $357,000 after purchasing an additional 413,167 shares during the period. Rathbone Brothers plc boosted its position in shares of Ur-Energy by 84.2% in the 1st quarter. Rathbone Brothers plc now owns 70,000 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 32,000 shares during the period. Finally, Virtu Financial LLC boosted its position in shares of Ur-Energy by 41.0% in the 1st quarter. Virtu Financial LLC now owns 96,222 shares of the basic materials company’s stock valued at $79,000 after purchasing an additional 27,956 shares during the period.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 13 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,900 unpatented mining claims and 3 Wyoming mineral leases covering an area of approximately 37,500 acres located in the Great Divide Basin, Wyoming.

Further Reading: Cash Asset Ratio

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