HC Wainwright Reaffirms Buy Rating for Ur-Energy (NYSEAMERICAN:URG)

HC Wainwright restated their buy rating on shares of Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) in a research report sent to investors on Tuesday,Benzinga reports. They currently have a $2.70 price objective on the basic materials company’s stock.

Separately, Roth Mkm reissued a “buy” rating and set a $2.20 price objective (up from $1.90) on shares of Ur-Energy in a report on Wednesday, October 23rd.

Ur-Energy Stock Down 1.0 %

Shares of NYSEAMERICAN URG opened at $1.00 on Tuesday. The stock has a market cap of $364.10 million, a PE ratio of -7.69 and a beta of 1.10. Ur-Energy has a 12 month low of $0.96 and a 12 month high of $1.90.

Institutional Trading of Ur-Energy

Several large investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its position in shares of Ur-Energy by 21.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company’s stock worth $4,625,000 after purchasing an additional 695,487 shares during the period. Segra Capital Management LLC raised its stake in Ur-Energy by 47.2% in the third quarter. Segra Capital Management LLC now owns 20,945,798 shares of the basic materials company’s stock worth $25,067,000 after buying an additional 6,718,094 shares in the last quarter. Fourth Sail Capital LP bought a new position in Ur-Energy in the third quarter worth about $20,840,000. BNP Paribas Financial Markets lifted its holdings in Ur-Energy by 62.9% in the third quarter. BNP Paribas Financial Markets now owns 158,693 shares of the basic materials company’s stock worth $189,000 after buying an additional 61,260 shares during the period. Finally, Mirabella Financial Services LLP bought a new stake in Ur-Energy during the 3rd quarter valued at approximately $3,209,000. 57.51% of the stock is owned by institutional investors.

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.