Old West Investment Management LLC Invests $920,000 in Ur-Energy Inc. (NYSEAMERICAN:URG)

Old West Investment Management LLC purchased a new stake in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 800,000 shares of the basic materials company’s stock, valued at approximately $920,000. Old West Investment Management LLC owned 0.22% of Ur-Energy as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of URG. Intech Investment Management LLC acquired a new position in Ur-Energy in the 3rd quarter worth approximately $73,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Ur-Energy by 21.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 811,420 shares of the basic materials company’s stock valued at $966,000 after buying an additional 141,766 shares in the last quarter. FMR LLC raised its position in Ur-Energy by 1,864.0% during the third quarter. FMR LLC now owns 29,519 shares of the basic materials company’s stock valued at $35,000 after buying an additional 28,016 shares during the period. BNP Paribas Financial Markets raised its position in Ur-Energy by 62.9% during the third quarter. BNP Paribas Financial Markets now owns 158,693 shares of the basic materials company’s stock valued at $189,000 after buying an additional 61,260 shares during the period. Finally, MetLife Investment Management LLC lifted its stake in Ur-Energy by 179.5% in the 3rd quarter. MetLife Investment Management LLC now owns 199,956 shares of the basic materials company’s stock worth $238,000 after acquiring an additional 128,409 shares in the last quarter. Institutional investors and hedge funds own 57.51% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating and issued a $2.70 target price on shares of Ur-Energy in a report on Tuesday, February 11th.

Ur-Energy Trading Down 5.8 %

URG opened at $0.60 on Friday. The company’s fifty day moving average price is $0.93. Ur-Energy Inc. has a 1 year low of $0.57 and a 1 year high of $1.90. The firm has a market capitalization of $217.59 million, a PE ratio of -4.60 and a beta of 1.10.

About Ur-Energy

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.