Ur-Energy (TSE:URE) Trading Down 4.1% – Here’s What Happened

Ur-Energy Inc. (TSE:UREGet Free Report) (NYSE:URG)’s stock price dropped 4.1% during trading on Wednesday . The stock traded as low as C$1.15 and last traded at C$1.16. Approximately 173,200 shares traded hands during trading, an increase of 71% from the average daily volume of 101,437 shares. The stock had previously closed at C$1.21.

Ur-Energy Price Performance

The company has a debt-to-equity ratio of 0.80, a quick ratio of 4.64 and a current ratio of 16.78. The company has a 50-day moving average of C$1.50 and a 200-day moving average of C$1.61. The firm has a market capitalization of C$306.88 million, a price-to-earnings ratio of -6.25, a price-to-earnings-growth ratio of -0.81 and a beta of 1.10.

About Ur-Energy

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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.

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