Ur Energy (NYSEAMERICAN:URG) Director Sells $100,516.44 in Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Kathy Walker sold 72,838 shares of Ur Energy stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $1.38, for a total value of $100,516.44. Following the completion of the sale, the director owned 587,267 shares in the company, valued at approximately $810,428.46. The trade was a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Ur Energy Price Performance

Shares of Ur Energy stock opened at $1.52 on Thursday. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. The business has a 50 day simple moving average of $1.34 and a two-hundred day simple moving average of $1.52. The stock has a market capitalization of $604.03 million, a P/E ratio of -6.91 and a beta of 0.95. Ur Energy Inc has a 12 month low of $1.12 and a 12 month high of $2.35.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its quarterly earnings data on Monday, August 10th. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $14.37 million during the quarter, compared to analyst estimates of $14.36 million. As a group, analysts predict that Ur Energy Inc will post -0.16 EPS for the current fiscal year.

Institutional Investors Weigh In On Ur Energy

Institutional investors have recently modified their holdings of the company. Sei Investments Co. purchased a new stake in Ur Energy during the first quarter worth about $2,439,000. Segra Capital Management LLC boosted its stake in shares of Ur Energy by 159,828.6% in the first quarter. Segra Capital Management LLC now owns 1,599,286 shares of the basic materials company’s stock valued at $2,383,000 after purchasing an additional 1,598,286 shares during the period. Goehring & Rozencwajg Associates LLC grew its holdings in shares of Ur Energy by 22.6% in the first quarter. Goehring & Rozencwajg Associates LLC now owns 4,253,094 shares of the basic materials company’s stock valued at $6,337,000 after purchasing an additional 785,173 shares in the last quarter. HITE Hedge Asset Management LLC acquired a new position in shares of Ur Energy in the fourth quarter valued at approximately $2,871,000. Finally, Simcoe Capital LLC purchased a new stake in Ur Energy during the 4th quarter worth approximately $2,173,000. 57.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Northland Securities set a $2.35 target price on shares of Ur Energy in a research note on Tuesday, May 12th. B. Riley Financial raised Ur Energy to a “strong-buy” rating in a report on Thursday, May 14th. Royal Bank Of Canada reduced their price objective on Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a research report on Monday, August 17th. HC Wainwright lowered 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. Finally, Roth Capital restated a “buy” rating and issued a $2.00 target price on shares of Ur Energy in a report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat.com, Ur Energy has a consensus rating of “Buy” and a consensus price target of $2.32.

Trending Headlines about 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.