John Cash Sells 77,751 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director John Cash sold 77,751 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $1.41, for a total transaction of $109,628.91. Following the completion of the transaction, the director directly owned 696,264 shares in the company, valued at $981,732.24. This trade represents a 10.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Ur Energy Price Performance

Shares of NYSEAMERICAN:URG opened at $1.52 on Thursday. The firm has a market cap of $604.03 million, a price-to-earnings ratio of -6.91 and a beta of 0.95. The firm has a fifty day moving average price of $1.34 and a 200 day moving average price of $1.52. 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 debt-to-equity ratio of 1.02, a quick ratio of 3.25 and a current ratio of 4.00.

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

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Ur Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the company. J.W. Cole Advisors Inc. increased its position in shares of Ur Energy by 96.7% during the fourth quarter. J.W. Cole Advisors Inc. now owns 29,500 shares of the basic materials company’s stock worth $41,000 after acquiring an additional 14,500 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Ur Energy by 52.3% in the third quarter. Raymond James Financial Inc. now owns 42,974 shares of the basic materials company’s stock valued at $77,000 after purchasing an additional 14,755 shares during the period. Virtu Financial LLC boosted its holdings in shares of Ur Energy by 21.3% in the third quarter. Virtu Financial LLC now owns 106,704 shares of the basic materials company’s stock valued at $191,000 after purchasing an additional 18,735 shares during the period. TD Waterhouse Canada Inc. grew its stake in Ur Energy by 378.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 19,700 shares in the last quarter. Finally, Gabelli Funds LLC bought a new position in Ur Energy in the third quarter worth approximately $36,000. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Key Stories Impacting Ur Energy

Here are the key news stories impacting Ur Energy this week:

• Positive Sentiment: General Counsel David A. Ritchie purchased 10,000 shares at approximately $1.42 each, establishing a new position. The purchase is a modestly positive signal of confidence, although it was much smaller than the insider sales. SEC filing
• Positive Sentiment: Analyst sentiment remains favorable, with URG carrying a consensus “Buy” rating and an average target of $2.32. However, recent target reductions from Royal Bank of Canada and HC Wainwright indicate some caution about the company’s near-term outlook.
• Positive Sentiment: Institutional ownership is a supportive factor: hedge funds and other institutions hold approximately 57.5% of the shares, while several large investors, including BlackRock, VanEck Associates and Manufacturers Life, recently initiated positions.
• Neutral Sentiment: Ur-Energy’s latest quarterly revenue of $14.37 million was essentially in line with estimates, but its $0.04-per-share loss was wider than the expected $0.03 loss. Analysts anticipate a full-year loss of approximately $0.16 per share, highlighting the company’s continuing lack of profitability.
• Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for approximately $148,000, reducing his stake by 13.7%. Directors Robby Sai Kit Chang and John Cash also sold 75,588 and 77,751 shares, respectively, cutting their ownership by about 43.9% and 10.1%.
• Negative Sentiment: Directors Gary C. Huber and Thomas H. Parker each sold 87,858 shares at roughly $1.48, reducing their positions by 13.6% and 13.1%. Director Kathy Walker previously sold 72,838 shares, while the general counsel’s purchase was comparatively small. The cluster of insider sales may create near-term selling pressure. Insider trading report

Ur Energy Company Profile

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.