Jade Walle Acquires 107,900 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) VP Jade Walle bought 107,900 shares of Ur Energy stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased at an average cost of $1.39 per share, with a total value of $149,981.00. Following the completion of the acquisition, the vice president directly owned 251,900 shares in the company, valued at $350,141. This represents a 74.93% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ur Energy Stock Performance

NYSEAMERICAN URG traded down $0.06 on Thursday, reaching $1.32. 7,358,207 shares of the stock were exchanged, compared to its average volume of 9,331,521. The company has a current ratio of 5.44, a quick ratio of 4.56 and a debt-to-equity ratio of 0.87. Ur Energy Inc has a one year low of $0.55 and a one year high of $2.35. The firm has a market capitalization of $508.16 million, a PE ratio of -6.60 and a beta of 0.78. The company’s 50-day simple moving average is $1.67 and its two-hundred day simple moving average is $1.56.

Analyst Upgrades and Downgrades

Separately, HC Wainwright decreased their price objective on shares of Ur Energy from $2.60 to $2.30 and set a “buy” rating on the stock in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat.com, Ur Energy has an average rating of “Buy” and a consensus price target of $2.35.

Institutional Trading of Ur Energy

Institutional investors have recently made changes to their positions in the business. Bravias Capital Group LLC purchased a new position in Ur Energy in the 3rd quarter worth approximately $27,000. Stratos Wealth Advisors LLC bought a new position in Ur Energy in the 3rd quarter worth approximately $32,000. TD Waterhouse Canada Inc. grew its holdings in Ur Energy by 378.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock valued at $33,000 after buying an additional 19,700 shares in the last quarter. Gabelli Funds LLC purchased a new stake in Ur Energy during the 3rd quarter valued at approximately $36,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Ur Energy during the second quarter valued at approximately $38,000. 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.