Insider Selling: Ur-Energy Inc. (NYSEAMERICAN:URG) Director Sells 60,100 Shares of Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director Robby Sai Kit Chang sold 60,100 shares of the firm’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $1.47, for a total value of $88,347.00. Following the transaction, the director now owns 73,572 shares in the company, valued at approximately $108,150.84. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Robby Sai Kit Chang also recently made the following trade(s):

• On Monday, June 24th, Robby Sai Kit Chang sold 73,474 shares of Ur-Energy stock. The shares were sold at an average price of $1.38, for a total transaction of $101,394.12.

Ur-Energy Price Performance

URG stock opened at $1.28 on Wednesday. Ur-Energy Inc. has a 12 month low of $0.91 and a 12 month high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its earnings results on Monday, May 6th. The basic materials company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.04). Ur-Energy had a negative return on equity of 61.67% and a negative net margin of 173.40%. As a group, equities analysts predict that Ur-Energy Inc. will post -0.09 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on URG. Roth Mkm reduced their price target on shares of Ur-Energy from $2.20 to $2.10 and set a “buy” rating on the stock in a research report on Thursday, May 9th. HC Wainwright decreased their price target on Ur-Energy from $3.40 to $3.30 and set a “buy” rating on the stock in a research note on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $2.80.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC bought a new position in Ur-Energy in the 1st quarter valued at approximately $65,000. Jump Financial LLC bought a new position in Ur-Energy in the 4th quarter valued at approximately $109,000. Cannon Global Investment Management LLC bought a new position in Ur-Energy in the 1st quarter valued at approximately $224,000. U S Global Investors Inc. bought a new position in Ur-Energy in the 4th quarter valued at approximately $231,000. Finally, Verity Asset Management Inc. raised its holdings in Ur-Energy by 6.4% in the 4th quarter. Verity Asset Management Inc. now owns 198,137 shares of the basic materials company’s stock valued at $305,000 after buying an additional 12,005 shares during the last quarter. Institutional investors own 57.51% of the company’s stock.

Ur-Energy 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.