Penne Goplerud Sells 226,630 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) insider Penne Goplerud sold 226,630 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $1.29, for a total value of $292,352.70. Following the completion of the transaction, the insider owned 430,608 shares in the company, valued at $555,484.32. This represents a 34.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Ur Energy Trading Down 7.6%

Shares of Ur Energy stock opened at $1.21 on Friday. The company has a market capitalization of $454.78 million, a P/E ratio of -7.12 and a beta of 0.96. The stock has a fifty day simple moving average of $1.62 and a 200 day simple moving average of $1.26. Ur Energy Inc has a 12-month low of $0.55 and a 12-month high of $2.35. The company has a current ratio of 3.36, a quick ratio of 2.49 and a debt-to-equity ratio of 0.01.

Analyst Ratings Changes

URG has been the subject of a number of recent analyst reports. Northland Securities initiated coverage on shares of Ur Energy in a research report on Monday, October 27th. They issued an “outperform” rating and a $2.15 price objective for the company. Roth Capital upped their target price on Ur Energy from $1.60 to $1.80 and gave the company a “buy” rating in a report on Tuesday, September 23rd. HC Wainwright decreased their price target on Ur Energy from $2.70 to $2.60 and set a “buy” rating for the company in a research report on Tuesday, November 4th. Northland Capmk raised Ur Energy to a “strong-buy” rating in a research report on Sunday, October 26th. Finally, B. Riley increased their target price on shares of Ur Energy from $2.00 to $2.50 and gave the company a “buy” rating in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Ur Energy has an average rating of “Buy” and an average price target of $2.41.

Hedge Funds Weigh In On Ur Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its stake in shares of Ur Energy by 5.4% during the 1st quarter. Bank of New York Mellon Corp now owns 790,184 shares of the basic materials company’s stock valued at $533,000 after buying an additional 40,375 shares in the last quarter. Fourth Sail Capital LP raised its holdings in Ur Energy by 3.7% during the 1st quarter. Fourth Sail Capital LP now owns 12,295,868 shares of the basic materials company’s stock valued at $8,289,000 after acquiring an additional 439,074 shares during the period. CenterBook Partners LP lifted its position in shares of Ur Energy by 206.0% during the first quarter. CenterBook Partners LP now owns 12,172,000 shares of the basic materials company’s stock worth $8,205,000 after acquiring an additional 8,194,631 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Ur Energy during the first quarter worth $169,000. Finally, Nuveen LLC bought a new position in shares of Ur Energy in the first quarter worth $539,000. Institutional investors own 57.51% of the company’s stock.

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.