Ur Energy (NYSEAMERICAN:URG) Director Gary Huber Sells 50,000 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Gary Huber sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $1.29, for a total value of $64,500.00. Following the transaction, the director owned 541,609 shares in the company, valued at approximately $698,675.61. The trade was a 8.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Ur Energy Trading Down 0.4%

NYSEAMERICAN:URG traded down $0.01 during mid-day trading on Friday, reaching $1.21. 4,937,371 shares of the company’s stock traded hands, compared to its average volume of 6,598,049. The company has a 50 day moving average price of $1.62 and a 200-day moving average price of $1.26. Ur Energy Inc has a 12-month low of $0.55 and a 12-month high of $2.35. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.36 and a quick ratio of 2.49. The firm has a market capitalization of $452.90 million, a price-to-earnings ratio of -7.09 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Two Sigma Investments LP bought a new stake in shares of Ur Energy in the 3rd quarter worth approximately $761,000. Vident Advisory LLC increased its holdings in shares of Ur Energy by 3.6% in the third quarter. Vident Advisory LLC now owns 6,286,428 shares of the basic materials company’s stock worth $11,253,000 after buying an additional 216,520 shares during the period. Squarepoint Ops LLC lifted its stake in shares of Ur Energy by 654.4% in the 3rd quarter. Squarepoint Ops LLC now owns 152,797 shares of the basic materials company’s stock valued at $274,000 after acquiring an additional 132,544 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in Ur Energy during the 3rd quarter valued at about $69,000. Finally, Gabelli Funds LLC purchased a new stake in Ur Energy during the 3rd quarter valued at about $36,000. Institutional investors own 57.51% of the company’s stock.

Analysts Set New Price Targets

URG has been the subject of a number of research reports. Maxim Group initiated coverage on shares of Ur Energy in a research report on Friday, July 25th. They set a “buy” rating and a $3.00 target price for the company. Roth Capital increased their price objective on shares of Ur Energy from $1.60 to $1.80 and gave the company a “buy” rating in a report on Tuesday, September 23rd. Northland Securities initiated coverage on Ur Energy in a research note on Monday, October 27th. They issued an “outperform” rating and a $2.15 price objective on the stock. HC Wainwright cut their target price on shares of Ur Energy from $2.70 to $2.60 and set a “buy” rating for the company in a report on Tuesday, November 4th. Finally, B. Riley increased their price objective on shares of Ur Energy from $2.00 to $2.50 and gave the company a “buy” rating in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Ur Energy currently has an average rating of “Buy” and an average target price of $2.41.

Ur Energy Company Profile

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.