Ur-Energy Inc. (NYSEAMERICAN:URG) Director Sells $89,524.95 in Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director James M. Franklin sold 56,305 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $1.59, for a total value of $89,524.95. Following the completion of the sale, the director now owns 616,133 shares of the company’s stock, valued at $979,651.47. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Ur-Energy Stock Down 4.4 %

Shares of URG stock traded down $0.07 during trading hours on Friday, reaching $1.51. 2,438,752 shares of the company’s stock were exchanged, compared to its average volume of 3,218,616. The firm has a market cap of $425.26 million, a PE ratio of -8.32 and a beta of 1.15. Ur-Energy Inc. has a fifty-two week low of $0.91 and a fifty-two week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its earnings results on Monday, May 6th. The basic materials company reported ($0.07) EPS for the quarter, missing the consensus estimate 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%. As a group, equities analysts predict that Ur-Energy Inc. will post -0.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on URG shares. HC Wainwright dropped their price target on shares of Ur-Energy from $3.40 to $3.30 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Roth Mkm cut their target price on shares of Ur-Energy from $2.20 to $2.10 and set a “buy” rating for the company in a research report on Thursday, May 9th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Ur-Energy currently has an average rating of “Moderate Buy” and an average target price of $2.80.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Verity Asset Management Inc. increased its position in shares of Ur-Energy by 22.0% during the 1st quarter. Verity Asset Management Inc. now owns 241,729 shares of the basic materials company’s stock worth $387,000 after purchasing an additional 43,592 shares in the last quarter. Tidal Investments LLC acquired a new position in Ur-Energy in the first quarter valued at about $65,000. Toronto Dominion Bank grew its stake in Ur-Energy by 153,746.2% during the first quarter. Toronto Dominion Bank now owns 500,000 shares of the basic materials company’s stock worth $800,000 after buying an additional 499,675 shares during the last quarter. Vident Advisory LLC increased its holdings in shares of Ur-Energy by 10.1% during the first quarter. Vident Advisory LLC now owns 2,625,640 shares of the basic materials company’s stock worth $4,201,000 after buying an additional 241,036 shares in the last quarter. Finally, Anthracite Investment Company Inc. bought a new position in shares of Ur-Energy in the first quarter valued at approximately $348,000. 57.51% of the stock is currently owned by institutional investors and hedge funds.

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.