Ur-Energy (TSE:URE) Hits New 12-Month High – What’s Next?

Ur-Energy Inc. (TSE:URE) (NYSE:URG) hit a new 52-week high on Tuesday . The company traded as high as C$2.56 and last traded at C$2.53, with a volume of 672891 shares traded. The stock had previously closed at C$2.42.

Analyst Ratings Changes

Several brokerages have recently weighed in on URE. B. Riley raised shares of Ur-Energy to a “strong-buy” rating in a research note on Tuesday, July 22nd. Maxim Group raised shares of Ur-Energy to a “strong-buy” rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Ur-Energy Stock Performance

The company has a market cap of C$923.01 million, a P/E ratio of -14.88, a price-to-earnings-growth ratio of -0.81 and a beta of 0.94. The stock has a 50 day moving average price of C$1.98 and a two-hundred day moving average price of C$1.49. The company has a quick ratio of 4.64, a current ratio of 16.78 and a debt-to-equity ratio of 0.80.

Ur-Energy Company Profile

Ur-Energy Inc is an exploration stage mining company. The company is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. Its projects are Lost Creek, Shirley Basin, and other U.S.