Ur Energy Inc (NYSEAMERICAN:URG – Get Free Report) (TSE:URE) CFO Roger Smith sold 103,536 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $1.43, for a total transaction of $148,056.48. Following the completion of the transaction, the chief financial officer directly owned 651,562 shares in the company, valued at approximately $931,733.66. This represents a 13.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Ur Energy Stock Performance
NYSEAMERICAN:URG opened at $1.48 on Wednesday. The firm has a market capitalization of $588.14 million, a price-to-earnings ratio of -6.73 and a beta of 0.95. The company has a current ratio of 4.00, a quick ratio of 3.25 and a debt-to-equity ratio of 1.02. Ur Energy Inc has a twelve month low of $1.12 and a twelve month high of $2.35. The firm’s fifty day simple moving average is $1.34 and its 200 day simple moving average is $1.52.
Ur Energy (NYSEAMERICAN:URG – Get Free Report) (TSE:URE) last released its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The firm had revenue of $14.37 million for the quarter, compared to analyst estimates of $14.36 million. Ur Energy had a negative net margin of 252.75% and a negative return on equity of 110.84%. As a group, equities research analysts expect that Ur Energy Inc will post -0.16 earnings per share for the current fiscal year.
Ur Energy News Summary
- Positive Sentiment: Analyst sentiment remains favorable. URG carries a consensus “Buy” rating, with a reported average price target of $2.32 versus recent trading levels. Royal Bank of Canada, HC Wainwright and Roth Capital maintain positive ratings, although RBC and HC Wainwright recently lowered their targets to $1.60 and $2.20, respectively.
- Positive Sentiment: Institutional ownership provides a supportive signal. Alps Advisors increased its position, while BlackRock, VanEck Associates and Manufacturers Life Insurance initiated new positions during the reported periods. Hedge funds and other institutions collectively own approximately 57.5% of Ur-Energy’s shares. Institutional ownership report
- Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at approximately $1.42, establishing a new position. The purchase is a modest positive signal, though it is considerably smaller than the reported insider sales.
- Neutral Sentiment: Ur-Energy’s latest quarterly revenue was essentially in line with estimates at $14.37 million, but the company reported a $0.04-per-share loss, missing the consensus loss estimate of $0.03. Analysts expect a full-year loss of approximately $0.16 per share, underscoring that the uranium producer remains unprofitable.
- Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for about $148,000, reducing his holdings by 13.7%. Directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively, reducing their ownership by 43.9% and 10.1%.
- Negative Sentiment: Additional selling included 72,838 shares by Director Kathy Walker and 81,576 shares by COO Steven M. Hatten. Collectively, the recent transactions represent meaningful insider selling and may create near-term selling pressure, although such trades do not necessarily indicate a change in the company’s long-term outlook. Ur-Energy insider trading report
Analyst Upgrades and Downgrades
URG has been the topic of several recent analyst reports. Royal Bank Of Canada cut their price target on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a report on Monday, August 17th. Northland Securities set a $2.35 price objective on shares of Ur Energy in a research note on Tuesday, May 12th. Roth Capital reissued a “buy” rating and issued a $2.00 target price on shares of Ur Energy in a report on Tuesday, May 12th. HC Wainwright decreased their target price on Ur Energy from $2.30 to $2.20 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Finally, B. Riley Financial raised Ur Energy to a “strong-buy” rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $2.32.
Check Out Our Latest Stock Report on URG
Hedge Funds Weigh In On Ur Energy
Institutional investors have recently modified their holdings of the company. CTC Alternative Strategies Ltd. bought a new stake in Ur Energy in the 1st quarter valued at about $31,000. AXQ Capital LP bought a new position in Ur Energy in the 2nd quarter worth about $31,000. TD Waterhouse Canada Inc. increased its stake in shares of Ur Energy by 378.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 19,700 shares during the period. Gabelli Funds LLC bought a new stake in shares of Ur Energy during the third quarter valued at approximately $36,000. Finally, Earned Wealth Advisors LLC bought a new stake in shares of Ur Energy during the first quarter valued at approximately $37,000. Institutional investors own 57.51% of the company’s stock.
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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