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 dated Friday, November 17th. The shares were sold at an average price of $1.66, for a total value of $83,874.82. Following the sale, the director now owns 73,572 shares in the company, valued at approximately $122,129.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Ur-Energy Stock Performance

NYSEAMERICAN URG traded up $0.04 during trading hours on Monday, reaching $1.69. The company’s stock had a trading volume of 3,355,451 shares, compared to its average volume of 1,732,228. The stock has a market capitalization of $449.49 million, a price-to-earnings 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 current ratio of 5.71, a quick ratio of 5.31 and a debt-to-equity ratio of 0.02.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings results on Monday, October 30th. The basic materials company reported ($0.07) earnings per share for the quarter. The company had revenue of $5.75 million during the quarter, compared to the consensus estimate of $5.90 million. Sell-side analysts anticipate that Ur-Energy Inc. will post -0.12 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on the company. StockNews.com assumed coverage on Ur-Energy in a research note on Thursday, October 5th. They set a “sell” rating on the stock. TheStreet cut Ur-Energy from a “c-” rating to a “d” rating in a report on Tuesday, August 8th. HC Wainwright decreased their price objective on Ur-Energy from $2.80 to $2.70 and set a “buy” rating for the company in a report on Wednesday, November 1st. Finally, Roth Mkm reduced their price target on Ur-Energy from $2.40 to $2.20 and set a “buy” rating for the company in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2.38.

Institutional Investors Weigh In On Ur-Energy

Large investors have recently bought and sold shares of the company. Royal Bank of Canada increased its stake in Ur-Energy by 413.0% during the 3rd quarter. Royal Bank of Canada now owns 23,943 shares of the basic materials company’s stock worth $27,000 after buying an additional 19,276 shares in the last quarter. Bank of Montreal Can purchased a new stake in Ur-Energy during the 2nd quarter worth approximately $30,000. Jane Street Group LLC grew its position in shares of Ur-Energy by 71.5% in the fourth quarter. Jane Street Group LLC now owns 30,401 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 12,673 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Ur-Energy by 76.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 33,146 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 14,382 shares in the last quarter. Finally, Citadel Advisors LLC grew its position in shares of Ur-Energy by 149.4% in the third quarter. Citadel Advisors LLC now owns 36,864 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 22,084 shares in the last quarter. 43.96% of the stock is currently owned by hedge funds and other institutional investors.

About Ur-Energy

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.