Ur Energy (NYSEAMERICAN:URG) Director Thomas Parker Sells 87,858 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Thomas Parker sold 87,858 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $1.48, for a total transaction of $130,029.84. Following the sale, the director directly owned 580,884 shares of the company’s stock, valued at $859,708.32. This represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Ur Energy Trading Up 2.7%

Shares of Ur Energy stock opened at $1.52 on Thursday. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02. Ur Energy Inc has a 12-month low of $1.12 and a 12-month high of $2.35. The company has a market capitalization of $604.03 million, a price-to-earnings ratio of -6.91 and a beta of 0.95. The firm’s 50-day moving average price is $1.34 and its two-hundred day moving average price is $1.52.

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

Analysts Set New Price Targets

URG has been the topic of a number of research analyst reports. B. Riley Financial raised Ur Energy to a “strong-buy” rating in a report on Thursday, May 14th. Royal Bank Of Canada dropped their price objective on Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a research report on Monday, August 17th. Northland Securities set a $2.35 price objective on Ur Energy in a research note on Tuesday, May 12th. HC Wainwright decreased their target price on Ur Energy from $2.30 to $2.20 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Finally, Roth Capital reiterated a “buy” rating and issued a $2.00 target price on shares of Ur Energy in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $2.32.

Institutional Trading of Ur Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its holdings in shares of Ur Energy by 382.9% during the first quarter. AQR Capital Management LLC now owns 130,294 shares of the basic materials company’s stock worth $88,000 after buying an additional 103,315 shares in the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Ur Energy in the 2nd quarter valued at $38,000. Creative Planning acquired a new stake in shares of Ur Energy during the 2nd quarter valued at $47,000. XTX Topco Ltd acquired a new stake in shares of Ur Energy during the 2nd quarter valued at $160,000. Finally, Jump Financial LLC bought a new stake in Ur Energy during the 2nd quarter worth $73,000. Institutional investors and hedge funds own 57.51% of the company’s stock.

Trending Headlines about Ur Energy

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

• Positive Sentiment: General Counsel David A. Ritchie purchased 10,000 shares at approximately $1.42 each, establishing a new position. The purchase is a modestly positive signal of confidence, although it was much smaller than the insider sales. SEC filing
• Positive Sentiment: Analyst sentiment remains favorable, with URG carrying a consensus “Buy” rating and an average target of $2.32. However, recent target reductions from Royal Bank of Canada and HC Wainwright indicate some caution about the company’s near-term outlook.
• Positive Sentiment: Institutional ownership is a supportive factor: hedge funds and other institutions hold approximately 57.5% of the shares, while several large investors, including BlackRock, VanEck Associates and Manufacturers Life, recently initiated positions.
• Neutral Sentiment: Ur-Energy’s latest quarterly revenue of $14.37 million was essentially in line with estimates, but its $0.04-per-share loss was wider than the expected $0.03 loss. Analysts anticipate a full-year loss of approximately $0.16 per share, highlighting the company’s continuing lack of profitability.
• Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for approximately $148,000, reducing his stake by 13.7%. Directors Robby Sai Kit Chang and John Cash also sold 75,588 and 77,751 shares, respectively, cutting their ownership by about 43.9% and 10.1%.
• Negative Sentiment: Directors Gary C. Huber and Thomas H. Parker each sold 87,858 shares at roughly $1.48, reducing their positions by 13.6% and 13.1%. Director Kathy Walker previously sold 72,838 shares, while the general counsel’s purchase was comparatively small. The cluster of insider sales may create near-term selling pressure. Insider trading report

About Ur Energy

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.