Ur-Energy (TSE:URE) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Ur-Energy Inc. (TSE:URE) (NYSE:URG) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$2.25 and traded as high as C$2.34. Ur-Energy shares last traded at C$2.34, with a volume of 263,881 shares trading hands.

Ur-Energy Trading Up 4.5%

The stock has a market cap of C$880.34 million, a price-to-earnings ratio of -10.64, a P/E/G ratio of -0.81 and a beta of 0.65. The business has a 50-day simple moving average of C$2.25 and a two-hundred day simple moving average of C$2.12. The company has a debt-to-equity ratio of 0.80, a quick ratio of 4.64 and a current ratio of 16.78.

Ur-Energy Company Profile

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.