50,299 Shares in Ur-Energy Inc. (NYSEAMERICAN:URG) Acquired by Wellington Management Group LLP

Wellington Management Group LLP bought a new position in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 50,299 shares of the basic materials company’s stock, valued at approximately $58,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CenterBook Partners LP acquired a new position in Ur-Energy in the fourth quarter worth approximately $4,574,000. Acuitas Investments LLC acquired a new position in Ur-Energy in the fourth quarter worth approximately $2,340,000. Old West Investment Management LLC acquired a new position in Ur-Energy in the fourth quarter worth approximately $920,000. Vanguard Group Inc. grew its position in Ur-Energy by 5.8% in the fourth quarter. Vanguard Group Inc. now owns 13,972,880 shares of the basic materials company’s stock worth $16,069,000 after buying an additional 768,541 shares during the last quarter. Finally, Wexford Capital LP grew its position in Ur-Energy by 297.2% in the fourth quarter. Wexford Capital LP now owns 661,123 shares of the basic materials company’s stock worth $760,000 after buying an additional 494,677 shares during the last quarter. Institutional investors own 57.51% of the company’s stock.

Ur-Energy Stock Up 1.2%

Shares of NYSEAMERICAN:URG opened at $0.84 on Monday. The company’s fifty day moving average is $0.73 and its two-hundred day moving average is $1.00. Ur-Energy Inc. has a 12-month low of $0.55 and a 12-month high of $1.57. The company has a market cap of $305.88 million, a P/E ratio of -6.46 and a beta of 1.10.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on URG shares. Alliance Global Partners restated a “buy” rating on shares of Ur-Energy in a research report on Tuesday, April 15th. HC Wainwright reissued a “buy” rating and set a $2.70 target price on shares of Ur-Energy in a research note on Tuesday, April 15th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $2.30.

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.