Shares of Ur-Energy Inc. (TSE:URE – Get Free Report) (NYSE:URG) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$2.29 and traded as high as C$2.30. Ur-Energy shares last traded at C$2.15, with a volume of 366,760 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages have issued reports on URE. B. Riley Financial upgraded shares of Ur-Energy to a “strong-buy” rating in a report on Thursday, May 14th. Canaccord Genuity Group upgraded shares of Ur-Energy to a “strong-buy” rating in a report on Thursday, April 2nd. Four research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.
Get Our Latest Analysis on URE
Ur-Energy Trading Down 5.7%
Ur-Energy (TSE:URE – Get Free Report) (NYSE:URG) last issued its quarterly earnings data on Friday, May 8th. The company reported C($0.10) earnings per share for the quarter. Ur-Energy had a negative net margin of 297.81% and a negative return on equity of 105.08%. The company had revenue of C$5.43 million for the quarter. On average, research analysts forecast that Ur-Energy Inc. will post 0.0273858 earnings per share for the current fiscal year.
About Ur-Energy
Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.
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