Roger L. Smith Sells 228,119 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) CFO Roger L. Smith sold 228,119 shares of Ur-Energy stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $1.20, for a total value of $273,742.80. Following the completion of the sale, the chief financial officer now owns 613,061 shares of the company’s stock, valued at $735,673.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Ur-Energy Price Performance

Shares of URG stock opened at $1.24 on Wednesday. Ur-Energy Inc. has a 12 month low of $0.96 and a 12 month high of $2.01. The firm has a market cap of $447.40 million, a price-to-earnings ratio of -6.50 and a beta of 1.12.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its earnings results on Friday, August 9th. The basic materials company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 65.47%. The company had revenue of $4.65 million during the quarter, compared to the consensus estimate of $4.60 million. Analysts forecast that Ur-Energy Inc. will post -0.09 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. HC Wainwright lowered their price objective on shares of Ur-Energy from $3.20 to $2.70 and set a “buy” rating for the company in a research note on Wednesday, August 14th. Ventum Cap Mkts upgraded shares of Ur-Energy to a “strong-buy” rating in a report on Monday, July 8th. Finally, B. Riley reduced their target price on Ur-Energy from $3.00 to $2.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $2.27.

Institutional Trading of Ur-Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. Lloyd Harbor Capital Management LLC grew its stake in shares of Ur-Energy by 167.4% in the 2nd quarter. Lloyd Harbor Capital Management LLC now owns 8,146,858 shares of the basic materials company’s stock worth $11,406,000 after acquiring an additional 5,100,000 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in Ur-Energy during the second quarter worth $150,000. Xponance Inc. purchased a new position in Ur-Energy in the second quarter worth $25,000. Goehring & Rozencwajg Associates LLC grew its stake in Ur-Energy by 21.5% in the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 2,931,546 shares of the basic materials company’s stock valued at $4,104,000 after purchasing an additional 517,800 shares during the period. Finally, CQS US LLC raised its stake in shares of Ur-Energy by 0.5% during the 2nd quarter. CQS US LLC now owns 12,223,939 shares of the basic materials company’s stock worth $17,114,000 after purchasing an additional 64,141 shares during the period. 57.51% of the stock is owned by hedge funds and other institutional investors.

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.