Ur-Energy (TSE:URE) Sets New 1-Year Low – Here’s What Happened

Ur-Energy Inc. (TSE:URE – Get Free Report) (NYSE:URG)’s stock price hit a new 52-week low on Tuesday. The company traded as low as C$1.30 and last traded at C$1.32, with a volume of 66,193 shares traded. The stock had previously closed at C$1.44.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded Ur-Energy to a “moderate buy” rating in a report on Monday, July 13th. Three investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Get Our Latest Analysis on URE

Ur-Energy Price Performance

The stock has a market capitalization of C$473.46 million, a P/E ratio of -5.17, a price-to-earnings-growth ratio of -0.81 and a beta of 1.18. The business’s 50 day simple moving average is C$1.76 and its two-hundred day simple moving average is C$1.99. The company has a quick ratio of 4.64, a current ratio of 4.00 and a debt-to-equity ratio of 103.29.

Insiders Place Their Bets

In other Ur-Energy news, insider Jade Walle purchased 96,030 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The shares were acquired at an average price of C$1.58 per share, with a total value of C$151,727.40. Following the transaction, the insider owned 423,511 shares in the company, valued at C$669,147.38. The trade was a 29.32% increase in their ownership of the stock. Over the last quarter, insiders have bought 172,137 shares of company stock valued at $287,848. 1.34% of the stock is currently owned by company insiders.

About Ur-Energy

(Get Free Report)

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.

Further Reading

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