Ur-Energy Inc. (NYSEAMERICAN:URG) Shares Acquired by Sprott Inc.

Sprott Inc. increased its position in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 66.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 171,144 shares of the basic materials company’s stock after buying an additional 68,510 shares during the quarter. Sprott Inc.’s holdings in Ur-Energy were worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in Ur-Energy by 21.8% during the third quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company’s stock worth $4,625,000 after buying an additional 695,487 shares during the period. Segra Capital Management LLC lifted its holdings in shares of Ur-Energy by 47.2% during the 3rd quarter. Segra Capital Management LLC now owns 20,945,798 shares of the basic materials company’s stock valued at $25,067,000 after acquiring an additional 6,718,094 shares in the last quarter. Fourth Sail Capital LP purchased a new stake in Ur-Energy during the 3rd quarter worth $20,840,000. BNP Paribas Financial Markets increased its holdings in Ur-Energy by 62.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 158,693 shares of the basic materials company’s stock valued at $189,000 after purchasing an additional 61,260 shares in the last quarter. Finally, Mirabella Financial Services LLP purchased a new position in Ur-Energy in the third quarter valued at about $3,209,000. Institutional investors and hedge funds own 57.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $2.70 target price on shares of Ur-Energy in a research report on Tuesday, February 11th.

Ur-Energy Price Performance

NYSEAMERICAN:URG opened at $0.95 on Thursday. The stock has a market capitalization of $346.33 million, a price-to-earnings ratio of -7.32 and a beta of 1.10. Ur-Energy Inc. has a 1-year low of $0.88 and a 1-year high of $1.90.

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.