Ur Energy (NYSEAMERICAN:URG) Director Gary Huber Sells 87,858 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Gary Huber sold 87,858 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $1.48, for a total value of $130,029.84. Following the sale, the director owned 558,016 shares of the company’s stock, valued at $825,863.68. The trade was a 13.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Ur Energy Trading Up 2.7%

NYSEAMERICAN URG opened at $1.52 on Thursday. Ur Energy Inc has a one year low of $1.12 and a one year high of $2.35. The company’s 50 day moving average price is $1.34 and its 200 day moving average price is $1.52. The company has a debt-to-equity ratio of 1.02, a quick ratio of 3.25 and a current ratio of 4.00. The firm has a market capitalization of $604.03 million, a price-to-earnings ratio of -6.91 and a beta of 0.95.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings data on Monday, August 10th. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Ur Energy had a negative return on equity of 110.84% and a negative net margin of 252.75%.The business had revenue of $14.37 million for the quarter, compared to analysts’ expectations of $14.36 million. On average, sell-side analysts predict that Ur Energy Inc will post -0.16 EPS for the current year.

Key Stories Impacting Ur Energy

Here are the key news stories impacting Ur Energy this week:

• Positive Sentiment: General Counsel David A. Ritchie purchased 10,000 shares at approximately $1.42 each, establishing a new position. The purchase is a modestly positive signal of confidence, although it was much smaller than the insider sales. SEC filing
• Positive Sentiment: Analyst sentiment remains favorable, with URG carrying a consensus “Buy” rating and an average target of $2.32. However, recent target reductions from Royal Bank of Canada and HC Wainwright indicate some caution about the company’s near-term outlook.
• Positive Sentiment: Institutional ownership is a supportive factor: hedge funds and other institutions hold approximately 57.5% of the shares, while several large investors, including BlackRock, VanEck Associates and Manufacturers Life, recently initiated positions.
• Neutral Sentiment: Ur-Energy’s latest quarterly revenue of $14.37 million was essentially in line with estimates, but its $0.04-per-share loss was wider than the expected $0.03 loss. Analysts anticipate a full-year loss of approximately $0.16 per share, highlighting the company’s continuing lack of profitability.
• Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for approximately $148,000, reducing his stake by 13.7%. Directors Robby Sai Kit Chang and John Cash also sold 75,588 and 77,751 shares, respectively, cutting their ownership by about 43.9% and 10.1%.
• Negative Sentiment: Directors Gary C. Huber and Thomas H. Parker each sold 87,858 shares at roughly $1.48, reducing their positions by 13.6% and 13.1%. Director Kathy Walker previously sold 72,838 shares, while the general counsel’s purchase was comparatively small. The cluster of insider sales may create near-term selling pressure. Insider trading report

Institutional Investors Weigh In On Ur Energy

Large investors have recently added to or reduced their stakes in the company. Alps Advisors Inc. lifted its holdings in Ur Energy by 11.8% in the 4th quarter. Alps Advisors Inc. now owns 43,829,022 shares of the basic materials company’s stock worth $60,922,000 after buying an additional 4,628,176 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Ur Energy during the second quarter valued at about $38,936,000. Van ECK Associates Corp acquired a new stake in shares of Ur Energy during the second quarter valued at about $31,875,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Ur Energy by 2.4% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,354,823 shares of the basic materials company’s stock worth $38,225,000 after acquiring an additional 497,280 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Ur Energy during the second quarter worth about $22,602,000. 57.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

About Ur Energy

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.