Ur Energy (NYSEAMERICAN:URG) President Buys $187,550.00 in Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) President Matthew David Gili purchased 155,000 shares of Ur Energy stock in a transaction that occurred on Friday, November 14th. The shares were bought at an average price of $1.21 per share, with a total value of $187,550.00. Following the transaction, the president owned 155,000 shares in the company, valued at approximately $187,550. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Ur Energy Price Performance

Ur Energy stock traded down $0.05 during midday trading on Monday, reaching $1.14. The company had a trading volume of 7,944,100 shares, compared to its average volume of 6,611,716. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.36 and a quick ratio of 2.49. Ur Energy Inc has a 12-month low of $0.55 and a 12-month high of $2.35. The company has a market capitalization of $428.47 million, a P/E ratio of -6.71 and a beta of 0.96. The firm’s fifty day simple moving average is $1.62 and its 200-day simple moving average is $1.27.

Hedge Funds Weigh In On Ur Energy

Several institutional investors and hedge funds have recently bought and sold shares of URG. Bank of New York Mellon Corp increased its holdings 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 worth $533,000 after buying an additional 40,375 shares during the last quarter. Fourth Sail Capital LP grew its position in Ur Energy by 3.7% in the first quarter. Fourth Sail Capital LP now owns 12,295,868 shares of the basic materials company’s stock worth $8,289,000 after acquiring an additional 439,074 shares during the period. Virtu Financial LLC acquired a new stake in Ur Energy during the first quarter worth $169,000. Nuveen LLC acquired a new stake in Ur Energy during the first quarter worth $539,000. Finally, Tejara Capital Ltd purchased a new stake in Ur Energy in the first quarter valued at $505,000. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Maxim Group started coverage on shares of Ur Energy in a research report on Friday, July 25th. They issued a “buy” rating and a $3.00 target price for the company. B. Riley upped their price objective on shares of Ur Energy from $2.00 to $2.50 and gave the company a “buy” rating in a research note on Thursday, September 25th. Roth Capital raised their target price on shares of Ur Energy from $1.60 to $1.80 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. HC Wainwright lowered their target price on Ur Energy from $2.70 to $2.60 and set a “buy” rating on the stock in a report on Tuesday, November 4th. Finally, Northland Capmk upgraded Ur Energy to a “strong-buy” rating in a research report on Sunday, October 26th. One investment analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $2.41.

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.