Ur-Energy (TSE:URE) Shares Up 7.2% – Should You Buy?

Ur-Energy Inc. (TSE:URE) (NYSE:URG) was up 7.2% on Friday . The company traded as high as C$2.02 and last traded at C$1.94. Approximately 176,534 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 482,719 shares. The stock had previously closed at C$1.81.

Ur-Energy Trading Up 9.4%

The business’s 50-day moving average price is C$2.28 and its 200-day moving average price is C$2.15. The firm has a market capitalization of C$786.71 million, a PE ratio of -9.90, a price-to-earnings-growth ratio of -0.81 and a beta of 0.05. The company has a debt-to-equity ratio of 88.08, a current ratio of 5.44 and a quick ratio of 4.64.

Ur-Energy (TSE:URE) (NYSE:URG) last issued its quarterly earnings results on Tuesday, March 10th. The company reported C($0.05) earnings per share for the quarter. Ur-Energy had a negative return on equity of 76.17% and a negative net margin of 275.29%.The business had revenue of C$13.98 million for the quarter. As a group, analysts expect that Ur-Energy Inc. will post 0.0273858 earnings per share for the current fiscal year.

About Ur-Energy

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.