Ur-Energy’s (URG) Buy Rating Reiterated at HC Wainwright

HC Wainwright reissued their buy rating on shares of Ur-Energy (NYSEAMERICAN:URG – Get Rating) (TSE:URE) in a report published on Monday, Benzinga reports. HC Wainwright currently has a $3.00 price target on the basic materials company’s stock.

Separately, TheStreet raised shares of Ur-Energy from a d rating to a c- rating in a research report on Friday, February 3rd.

Ur-Energy Stock Up 4.8 %

Shares of URG opened at $1.31 on Monday. The company has a market capitalization of $294.36 million, a P/E ratio of -21.83 and a beta of 1.43. The company has a quick ratio of 4.80, a current ratio of 5.95 and a debt-to-equity ratio of 0.11. The firm’s 50 day moving average price is $1.18. Ur-Energy has a twelve month low of $0.95 and a twelve month high of $1.95.

Insiders Place Their Bets

In other Ur-Energy news, Director Robby Sai Kit Chang sold 24,500 shares of Ur-Energy stock in a transaction that occurred on Monday, January 30th. The shares were sold at an average price of $1.28, for a total value of $31,360.00. Following the completion of the sale, the director now owns 63,366 shares of the company’s stock, valued at approximately $81,108.48. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Director Gary C. Huber sold 120,000 shares of the business’s stock in a transaction on Tuesday, January 10th. The shares were sold at an average price of $1.25, for a total transaction of $150,000.00. Following the completion of the sale, the director now owns 286,959 shares of the company’s stock, valued at approximately $358,698.75. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robby Sai Kit Chang sold 24,500 shares of the business’s stock in a transaction on Monday, January 30th. The shares were sold at an average price of $1.28, for a total transaction of $31,360.00. Following the sale, the director now directly owns 63,366 shares of the company’s stock, valued at approximately $81,108.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 600,683 shares of company stock valued at $736,227. Company insiders own 5.13% of the company’s stock.

Institutional Investors Weigh In On Ur-Energy

Hedge funds have recently modified their holdings of the business. Royal Bank of Canada lifted its stake in shares of 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 valued at $27,000 after buying an additional 19,276 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Ur-Energy by 73.4% during the 4th quarter. Bank of Montreal Can now owns 27,000 shares of the basic materials company’s stock valued at $31,000 after buying an additional 11,430 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Ur-Energy during the 2nd quarter valued at $32,000. Jane Street Group LLC lifted its stake in shares of Ur-Energy by 71.5% during the 4th quarter. Jane Street Group LLC now owns 30,401 shares of the basic materials company’s stock valued at $35,000 after buying an additional 12,673 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Ur-Energy by 76.6% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 33,146 shares of the basic materials company’s stock valued at $37,000 after buying an additional 14,382 shares in the last quarter. Institutional investors own 39.27% of the company’s stock.

About Ur-Energy

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Ur-Energy, Inc is an exploration stage mining company, which engages in the development and exploration of mineral properties. Its portfolio includes the Lost Creek uranium project, Shirley Basin mine site, Lost Soldier property, and Lucky Mc Mine site. The company was founded by Jeffrey T. Klenda and Paul W.

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