Ur-Energy (NYSEAMERICAN:URG) Given New $2.10 Price Target at Roth Mkm

Ur-Energy (NYSEAMERICAN:URGFree Report) (TSE:URE) had its target price cut by Roth Mkm from $2.20 to $2.10 in a research report sent to investors on Thursday morning, Benzinga reports. They currently have a buy rating on the basic materials company’s stock.

Other analysts have also issued research reports about the company. HC Wainwright lowered their price target on Ur-Energy from $3.40 to $3.30 and set a buy rating for the company in a report on Wednesday. B. Riley started coverage on Ur-Energy in a research report on Friday, February 2nd. They set a buy rating and a $3.00 price target on the stock. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of Moderate Buy and an average target price of $2.80.

View Our Latest Analysis on Ur-Energy

Ur-Energy Stock Down 3.3 %

Ur-Energy stock traded down $0.06 during mid-day trading on Thursday, reaching $1.74. 2,359,853 shares of the company’s stock traded hands, compared to its average volume of 3,003,497. The company has a market cap of $490.04 million, a price-to-earnings ratio of -9.16 and a beta of 1.10. Ur-Energy has a 12-month low of $0.84 and a 12-month high of $2.01.

Ur-Energy (NYSEAMERICAN:URGGet Free Report) (TSE:URE) last released its quarterly earnings results on Monday, May 6th. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.04). Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 61.67%. On average, equities research analysts anticipate that Ur-Energy will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ur-Energy

Hedge funds have recently bought and sold shares of the stock. Jump Financial LLC acquired a new position in Ur-Energy in the 4th quarter valued at $109,000. Cannon Global Investment Management LLC acquired a new position in Ur-Energy in the 1st quarter valued at $224,000. U S Global Investors Inc. acquired a new position in Ur-Energy in the 4th quarter valued at $231,000. Verity Asset Management Inc. raised its stake in Ur-Energy by 6.4% in the 4th quarter. Verity Asset Management Inc. now owns 198,137 shares of the basic materials company’s stock valued at $305,000 after purchasing an additional 12,005 shares during the last quarter. Finally, Anthracite Investment Company Inc. acquired a new position in Ur-Energy in the 1st quarter valued at $348,000. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Ur-Energy Company Profile

(Get Free Report)

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.

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