Ur-Energy (TSE:URE) Stock Rating Upgraded by Canaccord Genuity Group

Ur-Energy (TSE:URE) (NYSE:URG) was upgraded by research analysts at Canaccord Genuity Group to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

Ur-Energy Stock Performance

Shares of TSE URE opened at C$2.11 on Thursday. Ur-Energy has a 12-month low of C$0.78 and a 12-month high of C$3.30. The company has a market cap of C$838.36 million, a PE ratio of -10.55, a P/E/G ratio of -0.81 and a beta of 0.05. The stock has a 50 day simple moving average of C$2.17 and a 200-day simple moving average of C$2.15. The company has a current ratio of 5.44, a quick ratio of 4.64 and a debt-to-equity ratio of 88.08.

Ur-Energy (TSE:URE) (NYSE:URG) last announced its earnings results on Tuesday, March 10th. The company reported C($0.05) earnings per share for the quarter. Ur-Energy had a negative net margin of 275.29% and a negative return on equity of 76.17%. The business had revenue of C$13.98 million for the quarter. On average, equities research analysts forecast that Ur-Energy will post 0.0273858 EPS for the current year.

Ur-Energy Company Profile

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.