Ur Energy Inc (NYSEAMERICAN:URG – Get Free Report) (TSE:URE) has been given an average rating of “Buy” by the six ratings firms that are currently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $2.5667.
A number of analysts have recently weighed in on the stock. B. Riley Financial raised shares of Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Northland Securities set a $2.35 price target on shares of Ur Energy in a research report on Tuesday, May 12th. Roth Mkm reaffirmed a “buy” rating and issued a $2.00 price objective on shares of Ur Energy in a report on Tuesday, May 12th. HC Wainwright reaffirmed a “buy” rating and issued a $2.30 price objective on shares of Ur Energy in a report on Monday, April 27th. Finally, Canaccord Genuity Group started coverage on shares of Ur Energy in a report on Thursday, April 2nd. They issued a “buy” rating and a $3.25 price objective for the company.
Check Out Our Latest Stock Analysis on Ur Energy
Hedge Funds Weigh In On Ur Energy
Ur Energy Stock Up 3.8%
URG stock opened at $1.35 on Friday. Ur Energy has a twelve month low of $1.00 and a twelve month high of $2.35. The company has a current ratio of 4.44, a quick ratio of 3.63 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $536.40 million, a P/E ratio of -5.62 and a beta of 0.88. The firm has a 50 day simple moving average of $1.65 and a 200-day simple moving average of $1.60.
About Ur Energy
Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.
The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013.
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