Ur-Energy Inc. (NYSE:URG) announced its earnings results on Friday, July 28th. The basic materials company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01, Morningstar.com reports. Ur-Energy had a net margin of 34.99% and a return on equity of 52.46%. The firm had revenue of $11.82 million for the quarter, compared to analyst estimates of $12.10 million.

Shares of Ur-Energy (NYSE:URG) traded down 4.614% during mid-day trading on Tuesday, reaching $0.583. 338,729 shares of the company’s stock were exchanged. Ur-Energy has a one year low of $0.41 and a one year high of $0.91. The company has a market capitalization of $85.04 million and a PE ratio of 10.796. The company’s 50-day moving average price is $0.63 and its 200-day moving average price is $0.66.

URG has been the topic of several research reports. Zacks Investment Research raised shares of Ur-Energy from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research note on Wednesday, August 2nd. Roth Capital set a $2.00 price objective on shares of Ur-Energy and gave the stock a “buy” rating in a research note on Tuesday, August 1st. TheStreet raised shares of Ur-Energy from a “d” rating to a “c” rating in a research note on Tuesday, May 30th. Finally, ValuEngine cut shares of Ur-Energy from a “buy” rating to a “hold” rating in a report on Saturday, June 3rd. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $1.25.

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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.

Earnings History for Ur-Energy (NYSE:URG)

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