Ur Energy (NYSEAMERICAN:URG) COO Steven Hatten Sells 81,576 Shares

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) COO Steven Hatten sold 81,576 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $1.39, for a total transaction of $113,390.64. Following the completion of the sale, the chief operating officer owned 345,764 shares in the company, valued at $480,611.96. This represents a 19.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ur Energy Price Performance

Shares of Ur Energy stock traded up $0.01 during trading on Monday, hitting $1.43. 3,466,353 shares of the company were exchanged, compared to its average volume of 9,536,441. Ur Energy Inc has a fifty-two week low of $1.12 and a fifty-two week high of $2.35. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02. The firm has a 50 day moving average price of $1.34 and a 200 day moving average price of $1.52. The stock has a market capitalization of $568.27 million, a price-to-earnings ratio of -6.50 and a beta of 0.95.

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

Analyst Ratings Changes

A number of analysts recently issued reports on URG shares. Royal Bank Of Canada decreased their target price on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a research report on Monday, August 17th. B. Riley Financial upgraded Ur Energy to a “strong-buy” rating in a research note on Thursday, May 14th. HC Wainwright dropped their price target on shares of Ur Energy from $2.30 to $2.20 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Northland Securities set a $2.35 price target on shares of Ur Energy in a report on Tuesday, May 12th. Finally, Roth Capital reissued a “buy” rating and set a $2.00 price objective on shares of Ur Energy in a research note on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat.com, Ur Energy currently has a consensus rating of “Buy” and a consensus target price of $2.32.

Institutional Trading of Ur Energy

Institutional investors have recently modified their holdings of the company. AXQ Capital LP purchased a new position in Ur Energy in the second quarter valued at approximately $31,000. Van ECK Associates Corp purchased a new stake in Ur Energy during the second quarter worth approximately $31,875,000. Bank of America Corp DE acquired a new stake in shares of Ur Energy in the second quarter worth $757,000. Legal & General Group Plc purchased a new position in shares of Ur Energy in the 2nd quarter valued at $50,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Ur Energy in the 2nd quarter valued at $22,602,000. Hedge funds and other institutional investors own 57.51% of the company’s stock.

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.