Ur-Energy (TSE:URE) Stock Rating Upgraded by Royal Bank Of Canada

Ur-Energy (TSE:URE) (NYSE:URG) was upgraded by equities research analysts at Royal Bank Of Canada to a “moderate buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other research firms have also commented on URE. Canaccord Genuity Group raised shares of Ur-Energy to a “strong-buy” rating in a research report on Thursday, April 2nd. B. Riley Financial raised shares of Ur-Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Four investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Ur-Energy currently has a consensus rating of “Strong Buy”.

Ur-Energy Trading Up 3.9%

URE opened at C$1.88 on Monday. The company has a current ratio of 4.44, a quick ratio of 4.64 and a debt-to-equity ratio of 83.56. The firm has a market cap of C$746.98 million, a price-to-earnings ratio of -7.83, a PEG ratio of -0.81 and a beta of 0.32. Ur-Energy has a 12 month low of C$1.57 and a 12 month high of C$3.30. The stock has a fifty day moving average price of C$2.18 and a 200-day moving average price of C$2.20.

Ur-Energy (TSE:URE) (NYSE:URG) last issued its quarterly earnings data on Friday, May 8th. The company reported C($0.10) earnings per share for the quarter. Ur-Energy had a negative net margin of 297.81% and a negative return on equity of 105.08%. The company had revenue of C$5.43 million for the quarter. As a group, equities research analysts anticipate that Ur-Energy will post 0.0273858 earnings per share for the current fiscal year.

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.