Ur-Energy (TSE:URE) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Ur-Energy Inc. (TSE:URE) (NYSE:URG) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.20 and traded as low as C$1.90. Ur-Energy shares last traded at C$1.90, with a volume of 136,511 shares.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on URE shares. B. Riley Financial upgraded Ur-Energy to a “strong-buy” rating in a report on Thursday, May 14th. Canaccord Genuity Group upgraded Ur-Energy to a “strong-buy” rating in a report on Thursday, April 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Ur-Energy has an average rating of “Strong Buy”.

Ur-Energy Stock Down 1.6%

The business’s 50-day moving average price is C$2.25 and its 200-day moving average price is C$2.20. The company has a quick ratio of 4.64, a current ratio of 4.44 and a debt-to-equity ratio of 83.56. The firm has a market capitalization of C$754.93 million, a PE ratio of -7.92, a price-to-earnings-growth ratio of -0.81 and a beta of 0.32.

Ur-Energy (TSE:URE) (NYSE:URG) last announced its quarterly earnings data on Friday, May 8th. The company reported C($0.10) EPS for the quarter. The company had revenue of C$5.43 million for the quarter. Ur-Energy had a negative net margin of 297.81% and a negative return on equity of 105.08%. As a group, equities research analysts predict that Ur-Energy Inc. will post 0.0273858 EPS for the current fiscal year.

Ur-Energy Company Profile

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.