Roth Capital Has Weak Forecast for Ur-Energy FY2025 Earnings

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) – Equities research analysts at Roth Capital cut their FY2025 earnings per share estimates for shares of Ur-Energy in a report released on Monday, May 12th. Roth Capital analyst J. Reagor now anticipates that the basic materials company will post earnings per share of ($0.07) for the year, down from their prior estimate of ($0.06). The consensus estimate for Ur-Energy’s current full-year earnings is ($0.14) per share.

A number of other research analysts have also recently weighed in on URG. HC Wainwright reaffirmed a “buy” rating and set a $2.70 price objective on shares of Ur-Energy in a research report on Tuesday, April 15th. Alliance Global Partners restated a “buy” rating on shares of Ur-Energy in a research note on Tuesday, April 15th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Ur-Energy has a consensus rating of “Buy” and a consensus target price of $2.30.

Ur-Energy Stock Performance

NYSEAMERICAN:URG opened at $0.73 on Wednesday. The stock has a 50-day simple moving average of $0.72 and a two-hundred day simple moving average of $1.03. The firm has a market capitalization of $265.57 million, a PE ratio of -5.61 and a beta of 1.10. Ur-Energy has a 52-week low of $0.55 and a 52-week high of $1.88.

Hedge Funds Weigh In On Ur-Energy

A number of hedge funds have recently made changes to their positions in the business. CenterBook Partners LP grew its stake in Ur-Energy by 206.0% during the first quarter. CenterBook Partners LP now owns 12,172,000 shares of the basic materials company’s stock valued at $8,205,000 after acquiring an additional 8,194,631 shares in the last quarter. Alps Advisors Inc. boosted its holdings in shares of Ur-Energy by 21.9% during the 1st quarter. Alps Advisors Inc. now owns 40,898,293 shares of the basic materials company’s stock valued at $27,570,000 after purchasing an additional 7,341,627 shares during the last quarter. Acuitas Investments LLC purchased a new position in shares of Ur-Energy during the fourth quarter valued at about $2,340,000. Nuveen LLC bought a new stake in shares of Ur-Energy in the first quarter worth about $539,000. Finally, Old West Investment Management LLC bought a new stake in shares of Ur-Energy in the fourth quarter worth about $920,000. Institutional investors own 57.51% of the company’s stock.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.