Ur-Energy (TSE:URE) Stock Price Down 10.9% – Should You Sell?

Ur-Energy Inc. (TSE:URE) (NYSE:URG)’s stock price dropped 10.9% on Thursday . The stock traded as low as C$1.62 and last traded at C$1.63. Approximately 244,830 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 201,099 shares. The stock had previously closed at C$1.83.

Analyst Upgrades and Downgrades

Separately, Northland Capmk raised shares of Ur-Energy to a “strong-buy” rating in a research note on Sunday, October 26th. Three equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Ur-Energy currently has a consensus rating of “Strong Buy”.

Ur-Energy Price Performance

The company has a market capitalization of C$613.23 million, a price-to-earnings ratio of -7.41, a price-to-earnings-growth ratio of -0.81 and a beta of 0.78. The company has a debt-to-equity ratio of 0.80, a current ratio of 16.78 and a quick ratio of 4.64. The business has a fifty day moving average price of C$2.10 and a 200 day moving average price of C$1.85.

Ur-Energy (TSE:URE) (NYSE:URG) last posted its quarterly earnings data on Monday, November 3rd. The company reported C($0.07) earnings per share for the quarter. The company had revenue of C$6.32 million during the quarter. Ur-Energy had a negative return on equity of 38.84% and a negative net margin of 234.02%. On average, research analysts expect that Ur-Energy Inc. will post 0.0273858 earnings per share for the current fiscal year.

About Ur-Energy

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.