Ur-Energy (TSE:URE) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Ur-Energy Inc. (TSE:URE) (NYSE:URG) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.85 and traded as high as C$2.26. Ur-Energy shares last traded at C$2.23, with a volume of 649,923 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on URE. B. Riley raised Ur-Energy to a “strong-buy” rating in a research note on Tuesday, July 22nd. Maxim Group raised Ur-Energy to a “strong-buy” rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Ur-Energy Trading Up 6.7%

The company has a current ratio of 16.78, a quick ratio of 4.64 and a debt-to-equity ratio of 0.80. The business’s 50-day simple moving average is C$1.85 and its two-hundred day simple moving average is C$1.40. The company has a market capitalization of C$813.57 million, a PE ratio of -13.12, a PEG ratio of -0.81 and a beta of 0.90.

Ur-Energy Company Profile

Ur-Energy Inc is an exploration stage mining company. The company is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. Its projects are Lost Creek, Shirley Basin, and other U.S.