Jade Walle Purchases 75,581 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) VP Jade Walle bought 75,581 shares of the stock in a transaction dated Friday, September 11th. The shares were bought at an average cost of $1.29 per share, with a total value of $97,499.49. Following the completion of the acquisition, the vice president directly owned 327,481 shares of the company’s stock, valued at approximately $422,450.49. The trade was a 30.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Ur Energy Stock Down 1.6%

Shares of Ur Energy stock opened at $1.20 on Thursday. The stock has a market capitalization of $476.87 million, a price-to-earnings ratio of -5.45 and a beta of 0.94. Ur Energy Inc has a twelve month low of $1.12 and a twelve month high of $2.35. The company has a current ratio of 4.00, a quick ratio of 3.25 and a debt-to-equity ratio of 1.02. The business’s 50 day simple moving average is $1.33 and its 200-day simple moving average is $1.49.

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

Analysts Set New Price Targets

A number of analysts recently weighed in on URG shares. Royal Bank Of Canada dropped their price objective on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a report on Monday, August 17th. HC Wainwright decreased their target price 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. Two research analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to data from MarketBeat.com, Ur Energy presently has an average rating of “Buy” and a consensus price target of $2.32.

Institutional Investors Weigh In On Ur Energy

A number of hedge funds and other institutional investors have recently modified their holdings of URG. Tidal Investments LLC grew its position in Ur Energy by 10,309.6% in the 2nd quarter. Tidal Investments LLC now owns 1,916,937 shares of the basic materials company’s stock valued at $2,607,000 after buying an additional 1,898,522 shares in the last quarter. GFG Capital LLC bought a new stake in shares of Ur Energy during the 2nd quarter worth about $61,000. AXQ Capital LP acquired a new stake in shares of Ur Energy in the 2nd quarter worth approximately $31,000. Van ECK Associates Corp acquired a new stake in shares of Ur Energy in the 2nd quarter worth approximately $31,875,000. Finally, Bank of America Corp DE acquired a new stake in shares of Ur Energy in the 2nd quarter worth approximately $757,000. 57.51% of the stock is currently owned by institutional investors.

About Ur Energy

Ur-Energy Inc is a uranium exploration, development and production company focused on supplying uranium for the nuclear energy industry. The company’s activities include acquiring and advancing uranium properties, permitting and constructing recovery facilities, and producing uranium concentrate, commonly known as yellowcake.

Ur-Energy’s primary operating asset is the Lost Creek in-situ recovery uranium project in Wyoming’s Great Divide Basin. The project uses in-situ recovery methods, which circulate a solution through underground uranium deposits to bring the uranium-bearing solution to the surface for processing.