Ur-Energy Inc. (NYSEAMERICAN:URG) Insider Sells $110,536.08 in Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) insider Penne A. Goplerud sold 66,588 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $1.66, for a total transaction of $110,536.08. Following the sale, the insider now directly owns 412,895 shares of the company’s stock, valued at $685,405.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Ur-Energy Stock Performance

Ur-Energy stock traded up $0.04 during mid-day trading on Monday, hitting $1.69. 3,355,451 shares of the company’s stock were exchanged, compared to its average volume of 1,732,228. Ur-Energy Inc. has a fifty-two week low of $0.82 and a fifty-two week 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. The company has a market capitalization of $449.49 million, a PE ratio of -13.92 and a beta of 1.28.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its earnings results on Monday, October 30th. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $5.75 million during the quarter, compared to analyst estimates of $5.90 million. On average, research analysts predict that Ur-Energy Inc. will post -0.12 EPS for the current year.

Hedge Funds Weigh In On Ur-Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in Ur-Energy by 45.6% in the 1st quarter. Bank of New York Mellon Corp now owns 618,839 shares of the basic materials company’s stock valued at $990,000 after acquiring an additional 193,783 shares in the last quarter. MetLife Investment Management LLC lifted its stake in Ur-Energy by 57.0% in the 1st quarter. MetLife Investment Management LLC now owns 118,272 shares of the basic materials company’s stock valued at $189,000 after acquiring an additional 42,939 shares in the last quarter. Rhumbline Advisers increased its stake in Ur-Energy by 187.7% in the 1st quarter. Rhumbline Advisers now owns 432,499 shares of the basic materials company’s stock valued at $692,000 after buying an additional 282,194 shares during the last quarter. BlackRock Inc. increased its stake in Ur-Energy by 2.7% in the 1st quarter. BlackRock Inc. now owns 9,332,258 shares of the basic materials company’s stock valued at $14,932,000 after buying an additional 249,648 shares during the last quarter. Finally, Cibc World Market Inc. acquired a new stake in Ur-Energy in the 1st quarter valued at $95,000. 43.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

URG has been the subject of a number of analyst reports. 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 research note on Wednesday, November 1st. TheStreet lowered shares of Ur-Energy from a “c-” rating to a “d” rating in a research note on Tuesday, August 8th. Roth Mkm reduced their price objective on shares of Ur-Energy from $2.40 to $2.20 and set a “buy” rating on the stock in a research note on Wednesday, November 1st. Finally, StockNews.com began coverage on shares of Ur-Energy in a research note on Thursday, October 5th. They set a “sell” rating on the stock. One analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $2.38.

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.