Ur-Energy Inc. (TSE:URE) to Post Q1 2024 Earnings of ($0.03) Per Share, Roth Capital Forecasts

Ur-Energy Inc. (TSE:UREFree Report) (NYSE:URG) – Equities researchers at Roth Capital decreased their Q1 2024 EPS estimates for shares of Ur-Energy in a research report issued to clients and investors on Wednesday, April 24th. Roth Capital analyst J. Reagor now anticipates that the company will post earnings of ($0.03) per share for the quarter, down from their previous estimate of ($0.01). The consensus estimate for Ur-Energy’s current full-year earnings is $0.05 per share. Roth Capital also issued estimates for Ur-Energy’s FY2024 earnings at ($0.07) EPS and FY2025 earnings at $0.01 EPS.

Separately, B. Riley reaffirmed a “buy” rating on shares of Ur-Energy in a research report on Thursday, February 1st.

Read Our Latest Analysis on Ur-Energy

Ur-Energy Stock Up 4.1 %

Shares of Ur-Energy stock opened at C$2.31 on Friday. The firm’s 50 day moving average price is C$2.20 and its 200-day moving average price is C$2.20. The company has a quick ratio of 4.64, a current ratio of 6.34 and a debt-to-equity ratio of 8.74. Ur-Energy has a 52-week low of C$1.15 and a 52-week high of C$2.72. The company has a market cap of C$650.57 million, a P/E ratio of -14.44, a PEG ratio of -0.81 and a beta of 1.15.

Ur-Energy (TSE:UREGet Free Report) (NYSE:URG) last issued its quarterly earnings data on Wednesday, March 6th. The company reported C($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C($0.03). Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 44.63%. The firm had revenue of C$7.41 million for the quarter, compared to the consensus estimate of C$6.83 million.

About Ur-Energy

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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.

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