Ur Energy (NYSEAMERICAN:URG) COO Sells 81,576 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) COO Steven Hatten sold 81,576 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $1.39, for a total value of $113,390.64. Following the sale, the chief operating officer owned 345,764 shares of the company’s stock, valued at $480,611.96. This trade represents a 19.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ur Energy Stock Performance

Shares of NYSEAMERICAN URG traded up $0.01 during mid-day trading on Monday, hitting $1.43. 3,466,353 shares of the company were exchanged, compared to its average volume of 9,536,441. The stock has a 50 day simple moving average of $1.34 and a 200-day simple moving average of $1.52. Ur Energy Inc has a 1-year low of $1.12 and a 1-year high of $2.35. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02. The firm has a market cap of $568.27 million, a price-to-earnings ratio of -6.50 and a beta of 0.95.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its quarterly earnings data on Monday, August 10th. The basic materials company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The firm had revenue of $14.37 million for the quarter, compared to analysts’ expectations of $14.36 million. Ur Energy had a negative return on equity of 110.84% and a negative net margin of 252.75%. On average, sell-side analysts forecast that Ur Energy Inc will post -0.16 EPS for the current fiscal year.

Institutional Investors Weigh In On Ur Energy

Several institutional investors have recently modified their holdings of URG. CTC Alternative Strategies Ltd. acquired a new position in Ur Energy during the first quarter worth $31,000. AXQ Capital LP purchased a new position in shares of Ur Energy in the second quarter valued at $31,000. TD Waterhouse Canada Inc. increased its position in shares of Ur Energy by 378.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock valued at $33,000 after buying an additional 19,700 shares in the last quarter. Gabelli Funds LLC acquired a new position in shares of Ur Energy during the 3rd quarter worth $36,000. Finally, Earned Wealth Advisors LLC purchased a new stake in shares of Ur Energy in the 1st quarter worth about $37,000. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Roth Capital reiterated a “buy” rating and set a $2.00 target price on shares of Ur Energy in a research report on Tuesday, May 12th. HC Wainwright decreased their price target on Ur Energy from $2.30 to $2.20 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Royal Bank Of Canada dropped their price objective on Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a report on Monday, August 17th. B. Riley Financial upgraded Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Finally, Northland Securities set a $2.35 target price on shares of Ur Energy in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $2.32.

About Ur Energy

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013.