Ur-Energy (TSE:URE) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Ur-Energy Inc. (TSE:UREGet Free Report) (NYSE:URG) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.87 and traded as high as C$1.96. Ur-Energy shares last traded at C$1.89, with a volume of 199,169 shares.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Royal Bank Of Canada raised shares of Ur-Energy to a “moderate buy” rating in a research report on Monday, July 13th. B. Riley Financial raised Ur-Energy to a “strong-buy” rating in a report on Thursday, May 14th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on Ur-Energy

Ur-Energy Trading Down 2.1%

The company has a debt-to-equity ratio of 103.29, a current ratio of 4.00 and a quick ratio of 4.64. The business’s fifty day simple moving average is C$1.87 and its 200 day simple moving average is C$2.08. The stock has a market cap of C$751.96 million, a price-to-earnings ratio of -8.22, a P/E/G ratio of -0.81 and a beta of 0.69.

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.

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