Thomas Parker Sells 87,858 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Thomas Parker sold 87,858 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $1.48, for a total transaction of $130,029.84. Following the sale, the director directly owned 580,884 shares of the company’s stock, valued at $859,708.32. This represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Ur Energy Trading Up 0.7%

Shares of Ur Energy stock opened at $1.53 on Friday. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02. Ur Energy Inc has a 12-month low of $1.12 and a 12-month high of $2.35. The company has a market capitalization of $608.01 million, a price-to-earnings ratio of -6.95 and a beta of 0.95. The firm’s 50-day moving average price is $1.34 and its two-hundred day moving average price is $1.52.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its earnings results on Monday, August 10th. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Ur Energy had a negative net margin of 252.75% and a negative return on equity of 110.84%. The firm had revenue of $14.37 million during the quarter, compared to analyst estimates of $14.36 million. On average, analysts forecast that Ur Energy Inc will post -0.16 earnings per share for the current fiscal year.

Institutional Trading of Ur Energy

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

Wall Street Analyst Weigh In

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

Ur Energy Company Profile

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.