Ur-Energy Inc. (NYSEAMERICAN:URG) Director Sells $120,082.44 in Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director Gary C. Huber sold 97,628 shares of Ur-Energy stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $1.23, for a total transaction of $120,082.44. Following the completion of the transaction, the director now owns 404,869 shares of the company’s stock, valued at approximately $497,988.87. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Ur-Energy Stock Performance

NYSEAMERICAN:URG opened at $1.17 on Friday. The firm has a market capitalization of $423.86 million, a P/E ratio of -6.16 and a beta of 1.12. Ur-Energy Inc. has a 12 month low of $0.96 and a 12 month high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its earnings results on Friday, August 9th. The basic materials company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03). The firm had revenue of $4.65 million for the quarter, compared to analyst estimates of $4.60 million. Ur-Energy had a negative return on equity of 65.47% and a negative net margin of 173.40%. Analysts predict that Ur-Energy Inc. will post -0.09 EPS for the current fiscal year.

Hedge Funds Weigh In On Ur-Energy

Several large investors have recently bought and sold shares of the business. Azarias Capital Management L.P. boosted its stake in Ur-Energy by 12.2% in the second quarter. Azarias Capital Management L.P. now owns 16,370,204 shares of the basic materials company’s stock valued at $22,918,000 after acquiring an additional 1,786,023 shares in the last quarter. CQS US LLC boosted its stake in Ur-Energy by 0.5% in the second quarter. CQS US LLC now owns 12,223,939 shares of the basic materials company’s stock valued at $17,114,000 after acquiring an additional 64,141 shares in the last quarter. Lloyd Harbor Capital Management LLC boosted its stake in Ur-Energy by 167.4% in the second quarter. Lloyd Harbor Capital Management LLC now owns 8,146,858 shares of the basic materials company’s stock valued at $11,406,000 after acquiring an additional 5,100,000 shares in the last quarter. Goehring & Rozencwajg Associates LLC boosted its stake in Ur-Energy by 21.5% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 2,931,546 shares of the basic materials company’s stock valued at $4,104,000 after acquiring an additional 517,800 shares in the last quarter. Finally, Vident Advisory LLC boosted its stake in Ur-Energy by 10.1% in the first quarter. Vident Advisory LLC now owns 2,625,640 shares of the basic materials company’s stock valued at $4,201,000 after acquiring an additional 241,036 shares in the last quarter. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Analyst Upgrades and Downgrades

URG has been the topic of a number of recent research reports. B. Riley cut their price objective on Ur-Energy from $3.00 to $2.00 and set a “buy” rating on the stock in a research report on Tuesday, August 20th. HC Wainwright cut their price objective on Ur-Energy from $3.20 to $2.70 and set a “buy” rating on the stock in a research report on Wednesday, August 14th. Finally, Ventum Cap Mkts raised Ur-Energy to a “strong-buy” rating in a research report on Monday, July 8th. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $2.27.

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.