Ur-Energy (TSE:URE) Hits New 12-Month High – Time to Buy?

Ur-Energy Inc. (TSE:URE) (NYSE:URG) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$2.50 and last traded at C$2.46, with a volume of 310575 shares. The stock had previously closed at C$2.45.

Wall Street Analyst Weigh In

Several research firms recently commented on URE. Maxim Group raised Ur-Energy to a “strong-buy” rating in a research note on Friday, July 25th. B. Riley raised Ur-Energy to a “strong-buy” rating in a research note on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat, Ur-Energy currently has an average rating of “Strong Buy”.

Ur-Energy Stock Up 0.4%

The company has a quick ratio of 4.64, a current ratio of 16.78 and a debt-to-equity ratio of 0.80. The stock has a 50 day simple moving average of C$1.94 and a 200 day simple moving average of C$1.46. The stock has a market cap of C$897.48 million, a price-to-earnings ratio of -14.47, a PEG ratio of -0.81 and a beta of 0.90.

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 projects are Lost Creek, Shirley Basin, and other U.S.