Ur-Energy (TSE:URE) Reaches New 12-Month Low – What’s Next?

Ur-Energy Inc. (TSE:URE – Get Free Report) (NYSE:URG) hit a new 52-week low on Tuesday. The company traded as low as C$1.30 and last traded at C$1.32, with a volume of 66,193 shares trading hands. The stock had previously closed at C$1.44.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded Ur-Energy to a “moderate buy” rating in a report on Monday, July 13th. Three equities research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, Ur-Energy has a consensus rating of “Strong Buy”.

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Ur-Energy Trading Down 8.3%

The company’s 50 day moving average price is C$1.78 and its 200 day moving average price is C$2.00. 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 firm has a market cap of C$525.18 million, a PE ratio of -5.74, a price-to-earnings-growth ratio of -0.81 and a beta of 1.18.

Insiders Place Their Bets

In other Ur-Energy news, insider Jade Walle bought 96,030 shares of Ur-Energy stock in a transaction on Thursday, September 24th. The shares were bought at an average cost of C$1.58 per share, for a total transaction of C$151,727.40. Following the acquisition, the insider directly owned 423,511 shares in the company, valued at C$669,147.38. This represents a 29.32% increase in their ownership of the stock. Over the last quarter, insiders have purchased 172,137 shares of company stock worth $287,848. 1.34% of the stock is owned by corporate insiders.

About Ur-Energy

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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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