Ventum Cap Mkts Upgrades Ur-Energy (TSE:URE) to Strong-Buy

Ur-Energy (TSE:URE) (NYSE:URG) was upgraded by research analysts at Ventum Cap Mkts to a “strong-buy” rating in a research note issued on Monday, Zacks.com reports.

Ur-Energy Price Performance

Shares of URE opened at C$1.89 on Monday. Ur-Energy has a 12-month low of C$1.22 and a 12-month high of C$2.72. The business’s fifty day moving average is C$2.19 and its 200 day moving average is C$2.22. The company has a quick ratio of 4.64, a current ratio of 11.83 and a debt-to-equity ratio of 1.05. The stock has a market cap of C$532.28 million, a P/E ratio of -7.56, a P/E/G ratio of -0.81 and a beta of 1.15.

Ur-Energy (TSE:URE) (NYSE:URG) last announced its earnings results on Monday, May 6th. The company reported C($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.03) by C($0.06). Sell-side analysts anticipate that Ur-Energy will post 0.0469672 earnings per share for the current fiscal year.

Insider Activity at Ur-Energy

In other news, Director Robby Sai Kit Chang sold 73,474 shares of the company’s stock in a transaction dated Monday, June 24th. The stock was sold at an average price of C$1.89, for a total value of C$139,005.46. In other news, Director James Franklin sold 56,305 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of C$2.17, for a total value of C$122,300.09. Also, Director Robby Sai Kit Chang sold 73,474 shares of the business’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of C$1.89, for a total value of C$139,005.46. Over the last 90 days, insiders sold 189,879 shares of company stock worth $382,708. 1.60% of the stock is owned by insiders.

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.