Gary Huber Sells 87,858 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Gary Huber sold 87,858 shares of Ur Energy stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $1.48, for a total value of $130,029.84. Following the transaction, the director directly owned 558,016 shares of the company’s stock, valued at $825,863.68. The trade was a 13.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Ur Energy Trading Up 0.7%

Shares of URG opened at $1.53 on Friday. Ur Energy Inc has a twelve month low of $1.12 and a twelve month high of $2.35. The stock has a market cap of $608.01 million, a PE ratio of -6.95 and a beta of 0.95. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02. The business’s 50-day moving average price is $1.34 and its 200-day moving average price is $1.52.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings data on Monday, August 10th. The basic materials company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The firm had revenue of $14.37 million during the quarter, compared to the consensus estimate 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, equities analysts forecast that Ur Energy Inc will post -0.16 EPS for the current fiscal year.

Hedge Funds Weigh In On Ur Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. CTC Alternative Strategies Ltd. bought a new position in shares of Ur Energy during the 1st quarter valued at about $31,000. AXQ Capital LP bought a new stake in Ur Energy in the 2nd quarter worth approximately $31,000. TD Waterhouse Canada Inc. boosted its stake in Ur Energy by 378.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock worth $33,000 after buying an additional 19,700 shares in the last quarter. Gabelli Funds LLC purchased a new stake in Ur Energy in the third quarter worth approximately $36,000. Finally, Earned Wealth Advisors LLC purchased a new stake in Ur Energy in the first quarter worth approximately $37,000. 57.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Roth Capital restated a “buy” rating and set a $2.00 price target on shares of Ur Energy in a research report on Tuesday, May 12th. Northland Securities set a $2.35 price objective on Ur Energy in a research report on Tuesday, May 12th. B. Riley Financial upgraded Ur Energy to a “strong-buy” rating in a research 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 note on Monday, August 17th. Finally, HC Wainwright reduced their target price on Ur Energy from $2.30 to $2.20 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. Based on data from MarketBeat.com, Ur Energy has an average rating of “Buy” and a consensus target price of $2.32.

Ur Energy Company Profile

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.