In yesterday’s Wall Street session, Ur-Energy Inc. (AMEX:URG) shares traded at $1.66, up 5.06% from the previous session.
URG stock price is now 31.96% away from the 50-day moving average and 50.38% away from the 200-day moving average. The market capitalization of the company currently stands at $439.78M.
With the price target of $1, FBR Capital recently initiated with Outperform rating for Ur-Energy Inc. (AMEX: URG).
In other news, SMITH ROGER L., CHIEF FINANCIAL OFFICER sold 79,206 shares of the company’s stock on Aug 18. The stock was sold for $88,338 at an average price of $1.12. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 594,619 shares in the company, valued at $0.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 17, Director FRANKLIN JAMES M. sold 55,653 shares of the business’s stock. A total of $61,897 was realized by selling the stock at an average price of $1.11. This leaves the insider owning 605,927 shares of the company worth $1.01 million. Insiders disposed of 2,588,986 shares of company stock worth roughly $4.3 million over the past 1 year. A total of 4.98% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in URG stock. A new stake in Ur-Energy Inc. shares was purchased by GOEHRING & ROZENCWAJG ASSOCIATES, LLC during the first quarter worth $3,463,000. MILLENNIUM MANAGEMENT LLC invested $2,111,000 in shares of URG during the first quarter. In the first quarter, VAN ECK ASSOCIATES CORP acquired a new stake in Ur-Energy Inc. valued at approximately $1,135,000. CUBIST SYSTEMATIC STRATEGIES, LLC acquired a new stake in URG for approximately $483,000. QUBE RESEARCH & TECHNOLOGIES LTD purchased a new stake in URG valued at around $415,000 in the second quarter. In total, there are 128 active investors with 41.85% ownership of the company’s stock.
On Thursday morning Ur-Energy Inc. (AMEX: URG) stock kicked off with the opening price of $1.6000. During the past 12 months, Ur-Energy Inc. has had a low of $0.82 and a high of $1.68. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 9.31, and a quick ratio of 8.54. The fifty day moving average price for URG is $1.2582 and a two-hundred day moving average price translates $1.1042 for the stock.
The latest earnings results from Ur-Energy Inc. (AMEX: URG) was released for Jun, 2023. According to the Uranium Company, earnings per share came in at $0, inline with analysts’ expectations of $0. This compares to $0.00 EPS in the same period last year. The net profit margin was -275.30% and return on equity was -22.88% for URG. The company reported revenue of $39000.0 for the quarter, compared to $19000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 105.26 percent. For the current quarter, analysts expect URG to generate $930k in revenue.
Ur-Energy Inc.(URG) Company Profile
Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming. The company was incorporated in 2004 and is headquartered in Littleton, Colorado.
