Ur Energy (NYSEAMERICAN:URG) General Counsel Purchases 10,000 Shares of Stock

Ur Energy Inc (NYSEAMERICAN:URGGet Free Report) (TSE:URE) General Counsel David Ritchie acquired 10,000 shares of Ur Energy stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average cost of $1.42 per share, with a total value of $14,200.00. Following the transaction, the general counsel owned 10,000 shares of the company’s stock, valued at approximately $14,200. The trade was a ? increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Ur Energy Stock Up 3.5%

NYSEAMERICAN:URG traded up $0.05 during trading hours on Tuesday, reaching $1.48. The company’s stock had a trading volume of 7,872,179 shares, compared to its average volume of 9,526,240. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. The company has a market cap of $588.14 million, a price-to-earnings ratio of -6.73 and a beta of 0.95. The business’s 50-day moving average is $1.34 and its 200-day moving average is $1.52. Ur Energy Inc has a one year low of $1.12 and a one year high of $2.35.

Ur Energy (NYSEAMERICAN:URGGet Free Report) (TSE:URE) last released its 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 return on equity of 110.84% and a negative net margin of 252.75%. Equities research analysts predict that Ur Energy Inc will post -0.16 EPS for the current year.

Analyst Upgrades and Downgrades

URG has been the topic of several research reports. Northland Securities set a $2.35 price target on Ur Energy in a research note on Tuesday, May 12th. HC Wainwright decreased their price objective on shares of Ur Energy from $2.30 to $2.20 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Royal Bank Of Canada lowered their target price on Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a research note on Monday, August 17th. Roth Capital restated a “buy” rating and issued a $2.00 price objective on shares of Ur Energy in a research report on Tuesday, May 12th. Finally, B. Riley Financial upgraded shares of Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $2.32.

View Our Latest Research Report on Ur Energy

Institutional Investors Weigh In On Ur Energy

Institutional investors have recently bought and sold shares of the company. Sei Investments Co. bought a new position in shares of Ur Energy in the 1st quarter valued at about $2,439,000. Segra Capital Management LLC raised its holdings in Ur Energy by 159,828.6% during the first quarter. Segra Capital Management LLC now owns 1,599,286 shares of the basic materials company’s stock worth $2,383,000 after acquiring an additional 1,598,286 shares in the last quarter. Goehring & Rozencwajg Associates LLC boosted its position in Ur Energy by 22.6% during the first quarter. Goehring & Rozencwajg Associates LLC now owns 4,253,094 shares of the basic materials company’s stock valued at $6,337,000 after purchasing an additional 785,173 shares during the last quarter. HITE Hedge Asset Management LLC bought a new position in Ur Energy in the fourth quarter valued at approximately $2,871,000. Finally, Simcoe Capital LLC bought a new position in Ur Energy in the fourth quarter valued at approximately $2,173,000. Institutional investors own 57.51% of the company’s stock.

Key Stories Impacting Ur Energy

Here are the key news stories impacting Ur Energy this week:

  • 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

Ur Energy Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Ur Energy (NYSEAMERICAN:URG)

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