Ur-Energy (TSE:URE) Share Price Passes Above 50-Day Moving Average of $2.21

Shares of Ur-Energy Inc. (TSE:URE) (NYSE:URG) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$2.21 and traded as high as C$2.36. Ur-Energy shares last traded at C$2.30, with a volume of 68,434 shares traded.

Analyst Upgrades and Downgrades

Separately, B. Riley reiterated a “buy” rating on shares of Ur-Energy in a report on Thursday, February 1st.

Ur-Energy Price Performance

The business has a fifty day simple moving average of C$2.21 and a two-hundred day simple moving average of C$2.19. The company has a current ratio of 6.34, a quick ratio of 4.64 and a debt-to-equity ratio of 8.74. The stock has a market cap of C$647.75 million, a PE ratio of -14.38, a P/E/G ratio of -0.81 and a beta of 1.15.

Ur-Energy (TSE:URE) (NYSE:URG) last posted its earnings results on Wednesday, March 6th. The company reported C($0.03) earnings per share for the quarter, hitting analysts’ consensus estimates of C($0.03). Ur-Energy had a negative return on equity of 44.63% and a negative net margin of 173.40%. The firm had revenue of C$7.41 million for the quarter, compared to the consensus estimate of C$6.83 million. Research analysts forecast that Ur-Energy Inc. will post 0.0469672 earnings per share for the current year.

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.