Goehring & Rozencwajg Associates LLC Purchases 71,906 Shares of Ur Energy Inc (NYSEAMERICAN:URG)

Goehring & Rozencwajg Associates LLC boosted its holdings in shares of Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) by 2.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,220,120 shares of the basic materials company’s stock after buying an additional 71,906 shares during the period. Goehring & Rozencwajg Associates LLC owned about 0.88% of Ur Energy worth $2,157,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Cibc World Markets Corp acquired a new position in shares of Ur Energy in the 4th quarter worth approximately $38,000. Tower Research Capital LLC TRC grew its position in Ur Energy by 178.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 22,395 shares during the period. Ameritas Investment Partners Inc. raised its stake in Ur Energy by 37.4% during the fourth quarter. Ameritas Investment Partners Inc. now owns 37,006 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 10,065 shares in the last quarter. Ameriprise Financial Inc. bought a new position in shares of Ur Energy during the fourth quarter valued at $54,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of Ur Energy during the fourth quarter valued at $57,000. Institutional investors and hedge funds own 57.51% of the company’s stock.

Ur Energy Trading Up 1.9%

URG stock opened at $1.09 on Friday. The business has a fifty day moving average price of $0.87 and a 200 day moving average price of $0.98. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.83 and a quick ratio of 3.70. Ur Energy Inc has a fifty-two week low of $0.55 and a fifty-two week high of $1.53. The stock has a market capitalization of $397.65 million, a price-to-earnings ratio of -8.38 and a beta of 0.96.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. HC Wainwright reaffirmed a “buy” rating and issued a $2.70 target price on shares of Ur Energy in a report on Tuesday, April 15th. Alliance Global Partners restated a “buy” rating on shares of Ur Energy in a research report on Tuesday, April 15th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $2.30.

About Ur Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.