Ur Energy (NYSEAMERICAN:URG) General Counsel David Ritchie Buys 10,000 Shares of Stock

Ur Energy Inc (NYSEAMERICAN:URGGet Free Report) (TSE:URE) General Counsel David Ritchie bought 10,000 shares of Ur Energy stock in a transaction dated Monday, August 24th. The stock was acquired at an average cost of $1.42 per share, for a total transaction of $14,200.00. Following the completion of the acquisition, the general counsel directly owned 10,000 shares in the company, valued at $14,200. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Ur Energy Trading Up 3.5%

URG stock opened at $1.48 on Wednesday. The business has a fifty day moving average price of $1.34 and a 200 day moving average price of $1.52. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. Ur Energy Inc has a fifty-two week low of $1.12 and a fifty-two week high of $2.35. The stock has a market capitalization of $588.14 million, a price-to-earnings ratio of -6.73 and a beta of 0.95.

Ur Energy (NYSEAMERICAN:URGGet Free Report) (TSE:URE) last posted 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). Ur Energy had a negative return on equity of 110.84% and a negative net margin of 252.75%.The business had revenue of $14.37 million during the quarter, compared to analyst estimates of $14.36 million. Analysts expect that Ur Energy Inc will post -0.16 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on URG shares. Royal Bank Of Canada dropped their target price on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a research note on Monday, August 17th. Roth Capital reissued a “buy” rating and issued a $2.00 price target on shares of Ur Energy in a report on Tuesday, May 12th. HC Wainwright dropped their price objective on shares of Ur Energy from $2.30 to $2.20 and set a “buy” rating for the company in a research report on Tuesday, August 11th. B. Riley Financial raised Ur Energy to a “strong-buy” rating in a report on Thursday, May 14th. Finally, Northland Securities set a $2.35 price objective on Ur Energy in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $2.32.

View Our Latest Report on URG

Hedge Funds Weigh In On Ur Energy

Several large investors have recently bought and sold shares of the business. J.W. Cole Advisors Inc. grew its stake in Ur Energy by 96.7% in the fourth quarter. J.W. Cole Advisors Inc. now owns 29,500 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 14,500 shares during the period. Raymond James Financial Inc. raised its holdings in Ur Energy by 52.3% during the 3rd quarter. Raymond James Financial Inc. now owns 42,974 shares of the basic materials company’s stock worth $77,000 after buying an additional 14,755 shares during the period. Virtu Financial LLC lifted its stake in Ur Energy by 21.3% in the third quarter. Virtu Financial LLC now owns 106,704 shares of the basic materials company’s stock valued at $191,000 after buying an additional 18,735 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in 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. Finally, Gabelli Funds LLC acquired a new position in shares of Ur Energy in the third quarter valued at approximately $36,000. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Ur Energy News Summary

Here are the key news stories impacting Ur Energy this week:

  • Positive Sentiment: Analyst sentiment remains favorable. URG carries a consensus “Buy” rating, with a reported average price target of $2.32 versus recent trading levels. Royal Bank of Canada, HC Wainwright and Roth Capital maintain positive ratings, although RBC and HC Wainwright recently lowered their targets to $1.60 and $2.20, respectively.
  • Positive Sentiment: Institutional ownership provides a supportive signal. Alps Advisors increased its position, while BlackRock, VanEck Associates and Manufacturers Life Insurance initiated new positions during the reported periods. Hedge funds and other institutions collectively own approximately 57.5% of Ur-Energy’s shares. Institutional ownership report
  • Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at approximately $1.42, establishing a new position. The purchase is a modest positive signal, though it is considerably smaller than the reported insider sales.
  • Neutral Sentiment: Ur-Energy’s latest quarterly revenue was essentially in line with estimates at $14.37 million, but the company reported a $0.04-per-share loss, missing the consensus loss estimate of $0.03. Analysts expect a full-year loss of approximately $0.16 per share, underscoring that the uranium producer remains unprofitable.
  • Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for about $148,000, reducing his holdings by 13.7%. Directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively, reducing their ownership by 43.9% and 10.1%.
  • Negative Sentiment: Additional selling included 72,838 shares by Director Kathy Walker and 81,576 shares by COO Steven M. Hatten. Collectively, the recent transactions represent meaningful insider selling and may create near-term selling pressure, although such trades do not necessarily indicate a change in the company’s long-term outlook. Ur-Energy insider trading report

About Ur Energy

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Ur Energy (NYSEAMERICAN:URG)

Receive News & Ratings for Ur Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ur Energy and related companies with MarketBeat.com's FREE daily email newsletter.