Sei Investments Co. Invests $2.44 Million in Ur Energy Inc $URG

Sei Investments Co. purchased a new position in shares of Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) during the first quarter, Holdings Channel reports. The firm purchased 1,636,947 shares of the basic materials company’s stock, valued at approximately $2,439,000.

Other large investors also recently bought and sold shares of the company. Azarias Capital Management L.P. raised its holdings in Ur Energy by 3.3% in the 4th quarter. Azarias Capital Management L.P. now owns 13,950,155 shares of the basic materials company’s stock valued at $19,391,000 after acquiring an additional 445,857 shares during the last quarter. Segra Capital Management LLC lifted its stake in Ur Energy by 159,828.6% in the 1st quarter. Segra Capital Management LLC now owns 1,599,286 shares of the basic materials company’s stock worth $2,383,000 after purchasing an additional 1,598,286 shares in the last quarter. Goehring & Rozencwajg Associates LLC boosted its holdings in shares of Ur Energy by 22.6% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 4,253,094 shares of the basic materials company’s stock worth $6,337,000 after purchasing an additional 785,173 shares during the last quarter. HITE Hedge Asset Management LLC acquired a new position in shares of Ur Energy during the 4th quarter worth approximately $2,871,000. Finally, Simcoe Capital LLC purchased a new stake in shares of Ur Energy in the fourth quarter valued at approximately $2,173,000. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Analyst Upgrades and Downgrades

URG has been the topic of a number of analyst reports. B. Riley Financial upgraded Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Northland Securities set a $2.35 target price on Ur Energy in a research note on Tuesday, May 12th. Royal Bank Of Canada started coverage on Ur Energy in a report on Monday, July 13th. They set an “outperform” rating and a $1.75 price target on the stock. Roth Capital reissued a “buy” rating and set a $2.00 price target on shares of Ur Energy in a research report on Tuesday, May 12th. Finally, HC Wainwright reissued a “buy” rating and issued a $2.30 price objective on shares of Ur Energy in a report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat, Ur Energy has a consensus rating of “Buy” and an average price target of $2.36.

Ur Energy Stock Up 6.9%

URG stock opened at $1.40 on Friday. Ur Energy Inc has a one year low of $1.12 and a one year high of $2.35. The firm has a market cap of $556.35 million, a PE ratio of -5.83 and a beta of 0.95. The firm’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.56. The company has a debt-to-equity ratio of 0.83, a quick ratio of 3.63 and a current ratio of 4.44.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its quarterly earnings data on Friday, May 8th. The basic materials company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The business had revenue of $3.90 million during the quarter, compared to analysts’ expectations of $9.86 million. Ur Energy had a negative return on equity of 98.81% and a negative net margin of 298.18%. On average, equities research analysts anticipate that Ur Energy Inc will post -0.12 EPS for the current year.

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.