Ur Energy (NYSEAMERICAN:URG) Director Robby Sai Kit Chang Sells 75,588 Shares

Ur Energy Inc (NYSEAMERICAN:URGGet Free Report) (TSE:URE) Director Robby Sai Kit Chang sold 75,588 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $1.41, for a total transaction of $106,579.08. Following the sale, the director directly owned 96,449 shares in the company, valued at $135,993.09. This represents a 43.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Ur Energy Trading Up 3.5%

URG stock opened at $1.48 on Wednesday. The business has a fifty day moving average price of $1.34 and a 200 day moving average price of $1.52. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. Ur Energy Inc has a fifty-two week low of $1.12 and a fifty-two week high of $2.35. The stock has a market capitalization of $588.14 million, a price-to-earnings ratio of -6.73 and a beta of 0.95.

Ur Energy (NYSEAMERICAN:URGGet Free Report) (TSE:URE) last announced its earnings results on Monday, August 10th. The basic materials company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). Ur Energy had a negative net margin of 252.75% and a negative return on equity of 110.84%. The business had revenue of $14.37 million during the quarter, compared to analyst estimates of $14.36 million. Analysts expect that Ur Energy Inc will post -0.16 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on URG shares. HC Wainwright lowered their target price on Ur Energy from $2.30 to $2.20 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Northland Securities set a $2.35 price objective on Ur Energy in a research note on Tuesday, May 12th. B. Riley Financial upgraded shares of Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Roth Capital reissued a “buy” rating and issued a $2.00 price target on shares of Ur Energy in a report on Tuesday, May 12th. Finally, Royal Bank Of Canada lowered their price objective on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $2.32.

Read Our Latest Analysis on Ur Energy

Institutional Trading of Ur Energy

Several hedge funds have recently bought and sold shares of URG. CTC Alternative Strategies Ltd. acquired a new stake in Ur Energy during the 1st quarter worth approximately $31,000. AXQ Capital LP acquired a new position in shares of Ur Energy in the second quarter valued at approximately $31,000. TD Waterhouse Canada Inc. increased its position in shares of Ur Energy by 378.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 19,700 shares in the last quarter. Gabelli Funds LLC bought a new stake in shares of Ur Energy during the third quarter worth $36,000. Finally, Earned Wealth Advisors LLC acquired a new stake in shares of Ur Energy during the first quarter worth $37,000. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Ur Energy News Roundup

Here are the key news stories impacting Ur Energy this week:

  • Positive Sentiment: Analyst sentiment remains favorable. URG carries a consensus “Buy” rating, with a reported average price target of $2.32 versus recent trading levels. Royal Bank of Canada, HC Wainwright and Roth Capital maintain positive ratings, although RBC and HC Wainwright recently lowered their targets to $1.60 and $2.20, respectively.
  • Positive Sentiment: Institutional ownership provides a supportive signal. Alps Advisors increased its position, while BlackRock, VanEck Associates and Manufacturers Life Insurance initiated new positions during the reported periods. Hedge funds and other institutions collectively own approximately 57.5% of Ur-Energy’s shares. Institutional ownership report
  • Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at approximately $1.42, establishing a new position. The purchase is a modest positive signal, though it is considerably smaller than the reported insider sales.
  • Neutral Sentiment: Ur-Energy’s latest quarterly revenue was essentially in line with estimates at $14.37 million, but the company reported a $0.04-per-share loss, missing the consensus loss estimate of $0.03. Analysts expect a full-year loss of approximately $0.16 per share, underscoring that the uranium producer remains unprofitable.
  • Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for about $148,000, reducing his holdings by 13.7%. Directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively, reducing their ownership by 43.9% and 10.1%.
  • Negative Sentiment: Additional selling included 72,838 shares by Director Kathy Walker and 81,576 shares by COO Steven M. Hatten. Collectively, the recent transactions represent meaningful insider selling and may create near-term selling pressure, although such trades do not necessarily indicate a change in the company’s long-term outlook. Ur-Energy insider trading report

About Ur Energy

(Get Free Report)

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013.

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