Ur-Energy Inc. (NYSEAMERICAN:URG) Director Robby Sai Kit Chang Sells 50,527 Shares

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director Robby Sai Kit Chang sold 50,527 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $1.66, for a total transaction of $83,874.82. Following the sale, the director now directly owns 73,572 shares in the company, valued at $122,129.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Ur-Energy Trading Up 2.4 %

Shares of NYSEAMERICAN:URG opened at $1.69 on Tuesday. The firm has a market capitalization of $449.49 million, a P/E ratio of -14.08 and a beta of 1.28. Ur-Energy Inc. has a 1 year low of $0.82 and a 1 year high of $1.71. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.71 and a quick ratio of 5.31.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its quarterly earnings data on Monday, October 30th. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $5.75 million for the quarter, compared to analysts’ expectations of $5.90 million. As a group, research analysts anticipate that Ur-Energy Inc. will post -0.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on URG. StockNews.com began coverage on shares of Ur-Energy in a report on Thursday, October 5th. They set a “sell” rating on the stock. Roth Mkm lowered their price target on shares of Ur-Energy from $2.40 to $2.20 and set a “buy” rating on the stock in a report on Wednesday, November 1st. TheStreet cut shares of Ur-Energy from a “c-” rating to a “d” rating in a report on Tuesday, August 8th. Finally, HC Wainwright lowered their price target on shares of Ur-Energy from $2.80 to $2.70 and set a “buy” rating on the stock in a report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2.38.

Institutional Investors Weigh In On Ur-Energy

A number of large investors have recently bought and sold shares of the business. Alps Advisors Inc. boosted its holdings in Ur-Energy by 20.5% in the third quarter. Alps Advisors Inc. now owns 18,349,308 shares of the basic materials company’s stock worth $28,258,000 after purchasing an additional 3,118,647 shares in the last quarter. MMCAP International Inc. SPC lifted its position in Ur-Energy by 1.2% during the 3rd quarter. MMCAP International Inc. SPC now owns 26,245,347 shares of the basic materials company’s stock worth $40,418,000 after acquiring an additional 307,016 shares during the last quarter. EAM Investors LLC acquired a new position in Ur-Energy during the 3rd quarter worth $1,186,000. Citigroup Inc. lifted its position in Ur-Energy by 707,496.3% during the 3rd quarter. Citigroup Inc. now owns 566,077 shares of the basic materials company’s stock worth $863,000 after acquiring an additional 565,997 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in Ur-Energy by 28.2% during the 3rd quarter. Van ECK Associates Corp now owns 876,832 shares of the basic materials company’s stock worth $1,350,000 after acquiring an additional 192,947 shares during the last quarter. 43.96% of the stock is currently owned by institutional investors.

Ur-Energy Company Profile

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.