Atria Wealth Solutions Inc. Takes $38,000 Position in Ur Energy Inc $URG

Atria Wealth Solutions Inc. bought a new position in shares of Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,000 shares of the basic materials company’s stock, valued at approximately $38,000.

Other hedge funds have also bought and sold shares of the company. Vanguard Personalized Indexing Management LLC raised its stake in Ur Energy by 35.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 33,937 shares of the basic materials company’s stock worth $36,000 after buying an additional 8,879 shares during the last quarter. Militia Capital Partners LP bought a new position in Ur Energy during the first quarter worth $40,000. Wellington Management Group LLP raised its stake in Ur Energy by 51.3% during the first quarter. Wellington Management Group LLP now owns 76,085 shares of the basic materials company’s stock worth $51,000 after buying an additional 25,786 shares during the last quarter. AQR Capital Management LLC raised its stake in Ur Energy by 382.9% during the first quarter. AQR Capital Management LLC now owns 130,294 shares of the basic materials company’s stock worth $88,000 after buying an additional 103,315 shares during the last quarter. Finally, Sprott Inc. raised its stake in Ur Energy by 18.5% during the first quarter. Sprott Inc. now owns 202,854 shares of the basic materials company’s stock worth $137,000 after buying an additional 31,710 shares during the last quarter. Institutional investors own 57.51% of the company’s stock.

Wall Street Analysts Forecast Growth

URG has been the subject of a number of analyst reports. Roth Capital lifted their target price on shares of Ur Energy from $1.60 to $1.80 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. Maxim Group began coverage on shares of Ur Energy in a research note on Friday, July 25th. They set a “buy” rating and a $3.00 target price for the company. Finally, B. Riley raised their price target on shares of Ur Energy from $2.00 to $2.50 and gave the stock a “buy” rating in a report on Thursday, September 25th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Ur Energy has a consensus rating of “Buy” and a consensus target price of $2.50.

Insiders Place Their Bets

In other Ur Energy news, CFO Roger L. Smith sold 252,087 shares of the firm’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $1.68, for a total value of $423,506.16. Following the completion of the sale, the chief financial officer directly owned 632,175 shares in the company, valued at approximately $1,062,054. This trade represents a 28.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Steven M. Hatten sold 198,618 shares of Ur Energy stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $1.34, for a total transaction of $266,148.12. Following the transaction, the chief operating officer owned 324,775 shares of the company’s stock, valued at $435,198.50. This represents a 37.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 664,619 shares of company stock worth $1,064,004. 1.86% of the stock is currently owned by company insiders.

Ur Energy Trading Down 1.3%

NYSEAMERICAN:URG opened at $1.54 on Friday. The company has a current ratio of 3.36, a quick ratio of 2.49 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $565.53 million, a price-to-earnings ratio of -9.06 and a beta of 0.96. The firm has a fifty day simple moving average of $1.58 and a two-hundred day simple moving average of $1.17. Ur Energy Inc has a 12 month low of $0.55 and a 12 month high of $2.35.

Ur Energy Profile

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.