Insider Selling: Ur Energy (NYSEAMERICAN:URG) COO Sells 198,618 Shares of Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) COO Steven Hatten sold 198,618 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $1.34, for a total transaction of $266,148.12. Following the completion of the sale, the chief operating officer directly owned 324,775 shares of the company’s stock, valued at approximately $435,198.50. This trade represents a 37.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ur Energy Stock Performance

Ur Energy stock traded up $0.05 during mid-day trading on Tuesday, reaching $1.40. The company had a trading volume of 8,637,917 shares, compared to its average volume of 5,365,162. The company has a quick ratio of 2.49, a current ratio of 3.36 and a debt-to-equity ratio of 0.01. Ur Energy Inc has a 52 week low of $0.55 and a 52 week high of $1.42. The company has a 50 day moving average of $1.20 and a 200-day moving average of $0.96. The firm has a market cap of $510.76 million, a price-to-earnings ratio of -8.24 and a beta of 0.97.

Analyst Upgrades and Downgrades

URG has been the subject of a number of analyst reports. B. Riley initiated coverage on shares of Ur Energy in a report on Wednesday, July 23rd. They set a “buy” rating and a $2.00 price objective for the company. Maxim Group initiated coverage on shares of Ur Energy in a report on Friday, July 25th. They set a “buy” rating and a $3.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $2.48.

Institutional Investors Weigh In On Ur Energy

Hedge funds have recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC increased its position in shares of Ur Energy by 35.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 33,937 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 8,879 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new stake in shares of Ur Energy during the 2nd quarter worth about $38,000. Envestnet Asset Management Inc. acquired a new stake in shares of Ur Energy during the 2nd quarter worth about $38,000. Tower Research Capital LLC TRC increased its position in shares of Ur Energy by 178.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 22,395 shares in the last quarter. Finally, Militia Capital Partners LP acquired a new stake in shares of Ur Energy during the 1st quarter worth about $40,000. Institutional investors and hedge funds own 57.51% of the company’s stock.

Ur Energy Company 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.