Ur-Energy (TSE:URE) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Ur-Energy Inc. (TSE:URE – Get Free Report) (NYSE:URG)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.20 and traded as low as C$1.80. Ur-Energy shares last traded at C$1.81, with a volume of 205,681 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have recently commented on URE shares. Canaccord Genuity Group upgraded Ur-Energy to a “strong-buy” rating in a research report on Thursday, April 2nd. Royal Bank Of Canada upgraded Ur-Energy to a “moderate buy” rating in a research report on Monday. Finally, B. Riley Financial raised Ur-Energy to a “strong-buy” rating in a research note on Thursday, May 14th. Four analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Get Ur-Energy alerts:

Read Our Latest Report on Ur-Energy

Ur-Energy Stock Performance

The company has a debt-to-equity ratio of 83.56, a quick ratio of 4.64 and a current ratio of 4.44. The company has a market capitalization of C$735.06 million, a P/E ratio of -7.71, a P/E/G ratio of -0.81 and a beta of 0.32. The business’s fifty day simple moving average is C$2.18 and its 200-day simple moving average is C$2.20.

Ur-Energy (TSE:URE – Get Free Report) (NYSE:URG) last announced its quarterly earnings results on Friday, May 8th. The company reported C($0.10) EPS for the quarter. Ur-Energy had a negative return on equity of 105.08% and a negative net margin of 297.81%.The company had revenue of C$5.43 million during the quarter. As a group, equities analysts anticipate that Ur-Energy Inc. will post 0.0273858 earnings per share for the current fiscal year.

Ur-Energy Company Profile

(Get Free Report)

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.

See Also

• Five stocks we like better than Ur-Energy
• Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
• CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
• Why ASML’s AI Monopoly Is Still Getting Stronger
• Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings

Receive News & Ratings for Ur-Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ur-Energy and related companies with MarketBeat.com's FREE daily email newsletter.