Ur-Energy (TSE:URE) Hits New 1-Year High – Time to Buy?

Ur-Energy Inc. (TSE:URE) (NYSE:URG)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$2.89 and last traded at C$2.80, with a volume of 255835 shares changing hands. The stock had previously closed at C$2.72.

Analyst Ratings Changes

Several research firms recently issued reports on URE. B. Riley upgraded shares of Ur-Energy to a “strong-buy” rating in a research report on Tuesday, July 22nd. Maxim Group upgraded Ur-Energy to a “strong-buy” rating in a research note on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Ur-Energy has an average rating of “Strong Buy”.

Ur-Energy Stock Performance

The firm has a market capitalization of C$1.04 billion, a price-to-earnings ratio of -16.76, a PEG ratio of -0.81 and a beta of 0.94. The company has a current ratio of 16.78, a quick ratio of 4.64 and a debt-to-equity ratio of 0.80. The stock’s 50-day moving average is C$2.12 and its 200-day moving average is C$1.56.

About Ur-Energy

Ur-Energy Inc is an exploration stage mining company. The company is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. Its projects are Lost Creek, Shirley Basin, and other U.S.