Acuitas Investments LLC Sells 2,124,278 Shares of Ur Energy Inc $URG

Acuitas Investments LLC cut its holdings in shares of Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) by 94.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 113,163 shares of the basic materials company’s stock after selling 2,124,278 shares during the quarter. Acuitas Investments LLC’s holdings in Ur Energy were worth $203,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd bought a new stake in shares of Ur Energy during the 2nd quarter worth about $240,000. Bailard Inc. acquired a new stake in Ur Energy during the second quarter worth approximately $327,000. Vanguard Personalized Indexing Management LLC lifted its position in Ur Energy by 35.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 33,937 shares of the basic materials company’s stock worth $36,000 after acquiring an additional 8,879 shares during the last quarter. Fourth Sail Capital LP boosted its holdings in shares of Ur Energy by 59.8% during the second quarter. Fourth Sail Capital LP now owns 19,644,632 shares of the basic materials company’s stock worth $20,627,000 after acquiring an additional 7,348,764 shares during the period. Finally, Anthracite Investment Company Inc. acquired a new position in shares of Ur Energy in the second quarter valued at approximately $1,395,000. Institutional investors own 57.51% of the company’s stock.

Ur Energy Stock Down 5.0%

Shares of NYSEAMERICAN URG opened at $1.90 on Friday. The stock has a market capitalization of $718.52 million, a P/E ratio of -8.64 and a beta of 0.81. The stock’s fifty day moving average is $1.52 and its 200 day moving average is $1.49. Ur Energy Inc has a 52 week low of $0.55 and a 52 week high of $2.35. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.89 and a current ratio of 7.85.

Wall Street Analysts Forecast Growth

URG has been the topic of a number of recent research reports. HC Wainwright lowered their target price on Ur Energy from $2.70 to $2.60 and set a “buy” rating on the stock in a research note on Tuesday, November 4th. Northland Securities initiated coverage on Ur Energy in a research report on Monday, October 27th. They set an “outperform” rating and a $2.15 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $2.41.

Insider Buying and Selling

In other news, insider Penne A. Goplerud sold 226,630 shares of the business’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $1.29, for a total transaction of $292,352.70. Following the completion of the transaction, the insider owned 430,608 shares of the company’s stock, valued at approximately $555,484.32. The trade was a 34.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Jade Walle acquired 144,000 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were acquired at an average price of $1.27 per share, with a total value of $182,880.00. Following the completion of the transaction, the vice president owned 144,000 shares in the company, valued at $182,880. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have sold 590,660 shares of company stock worth $760,407. 1.86% of the stock is owned by company insiders.

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.