Ur Energy (NYSEAMERICAN:URG) VP Jade Walle Buys 75,581 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) VP Jade Walle purchased 75,581 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The shares were purchased at an average price of $1.29 per share, for a total transaction of $97,499.49. Following the purchase, the vice president directly owned 327,481 shares in the company, valued at $422,450.49. The trade was a 30.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ur Energy Stock Down 3.1%

URG stock opened at $1.25 on Tuesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. The company has a market cap of $496.74 million, a price-to-earnings ratio of -5.68 and a beta of 0.94. Ur Energy Inc has a 12 month low of $1.12 and a 12 month high of $2.35. The company has a fifty day moving average price of $1.33 and a 200 day moving average price of $1.49.

Ur Energy (NYSEAMERICAN:URG) (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 the consensus estimate of ($0.03) by ($0.01). The business had revenue of $14.37 million for the quarter, compared to analyst estimates of $14.36 million. Ur Energy had a negative return on equity of 110.84% and a negative net margin of 252.75%. Sell-side analysts expect that Ur Energy Inc will post -0.16 earnings per share for the current year.

Hedge Funds Weigh In On Ur Energy

Several hedge funds have recently bought and sold shares of URG. CTC Alternative Strategies Ltd. acquired a new position in Ur Energy in the 1st quarter valued at about $31,000. AXQ Capital LP purchased a new stake in Ur Energy in the 2nd quarter valued at about $31,000. Earned Wealth Advisors LLC purchased a new position in shares of Ur Energy during the 1st quarter worth about $37,000. Legal & General Group Plc purchased a new stake in Ur Energy in the second quarter valued at approximately $50,000. Finally, GFG Capital LLC purchased a new position in Ur Energy during the second quarter worth approximately $61,000. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. HC Wainwright reduced their price target on Ur Energy from $2.30 to $2.20 and set a “buy” rating for the company in a report on Tuesday, August 11th. Royal Bank Of Canada lowered their target price on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a research report on Monday, August 17th. Two equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Ur Energy has an average rating of “Buy” and a consensus price target of $2.32.

About Ur Energy

Ur-Energy Inc is a uranium exploration, development and production company focused on supplying uranium for the nuclear energy industry. The company’s activities include acquiring and advancing uranium properties, permitting and constructing recovery facilities, and producing uranium concentrate, commonly known as yellowcake.

Ur-Energy’s primary operating asset is the Lost Creek in-situ recovery uranium project in Wyoming’s Great Divide Basin. The project uses in-situ recovery methods, which circulate a solution through underground uranium deposits to bring the uranium-bearing solution to the surface for processing.