Ur-Energy Inc. (NYSEAMERICAN:URG) is Azarias Capital Management L.P.’s Largest Position

Azarias Capital Management L.P. boosted its stake in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 1.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,584,181 shares of the basic materials company’s stock after purchasing an additional 165,082 shares during the quarter. Ur-Energy makes up 9.8% of Azarias Capital Management L.P.’s investment portfolio, making the stock its biggest holding. Azarias Capital Management L.P. owned approximately 0.05% of Ur-Energy worth $23,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of URG. Jump Financial LLC purchased a new stake in shares of Ur-Energy during the 4th quarter worth $109,000. Cannon Global Investment Management LLC acquired a new stake in Ur-Energy in the first quarter valued at $224,000. U S Global Investors Inc. purchased a new stake in Ur-Energy during the 4th quarter worth about $231,000. Verity Asset Management Inc. boosted its position in shares of Ur-Energy by 6.4% during the 4th quarter. Verity Asset Management Inc. now owns 198,137 shares of the basic materials company’s stock worth $305,000 after acquiring an additional 12,005 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in shares of Ur-Energy by 707,496.3% in the 3rd quarter. Citigroup Inc. now owns 566,077 shares of the basic materials company’s stock valued at $863,000 after acquiring an additional 565,997 shares during the last quarter. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Ur-Energy Stock Performance

Shares of URG traded up $0.03 during midday trading on Thursday, reaching $1.38. 1,347,676 shares of the stock were exchanged, compared to its average volume of 5,020,401. Ur-Energy Inc. has a twelve month low of $0.91 and a twelve month high of $2.01. The stock has a market capitalization of $400.82 million, a P/E ratio of -7.26 and a beta of 1.12.

Ur-Energy (NYSEAMERICAN:URG) (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 return on equity of 61.67% and a negative net margin of 173.40%. On average, equities research analysts forecast that Ur-Energy Inc. will post -0.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Transactions at Ur-Energy

In other news, Director Robby Sai Kit Chang sold 73,474 shares of the stock in a transaction dated Monday, June 24th. The shares were sold at an average price of $1.38, for a total transaction of $101,394.12. Following the completion of the sale, the director now owns 73,572 shares in the company, valued at $101,529.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Robby Sai Kit Chang sold 73,474 shares of Ur-Energy stock in a transaction on Monday, June 24th. The shares were sold at an average price of $1.38, for a total value of $101,394.12. Following the transaction, the director now directly owns 73,572 shares in the company, valued at approximately $101,529.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director James M. Franklin sold 56,305 shares of the business’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $1.59, for a total transaction of $89,524.95. Following the completion of the transaction, the director now directly owns 616,133 shares in the company, valued at $979,651.47. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 189,879 shares of company stock worth $279,266. Insiders own 3.29% of the company’s stock.

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.