Ur-Energy Inc. (NYSEMKT:URG) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “UR-ENERGY INC., is a uranium exploration and development company currently completing mine planning and permitting activities to bring its Lost Creek Wyoming uranium deposit into production. Ur-Energy engages in the identification, acquisition and exploration of uranium properties in both Canada and the United States. Ur-Energy has a registered office in Ottawa, Canada and its corporate headquarters are located in Littleton, Colorado. “

Separately, FBR & Co began coverage on shares of Ur-Energy in a research note on Friday, September 2nd. They set an “outperform” rating and a $1.00 price target for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $1.23.

Shares of Ur-Energy (NYSEMKT:URG) opened at 0.4602 on Thursday. The firm’s 50-day moving average is $0.53 and its 200-day moving average is $0.54. The firm’s market cap is $66.09 million. Ur-Energy has a 12-month low of $0.44 and a 12-month high of $0.73.

Ur-Energy (NYSEMKT:URG) last posted its quarterly earnings results on Friday, July 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. Analysts predict that Ur-Energy will post ($0.02) earnings per share for the current fiscal year.

About Ur-Energy

Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.

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