Ur-Energy Inc. (NYSEAMERICAN:URG) Director Gary C. Huber Sells 97,628 Shares

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director Gary C. Huber sold 97,628 shares of the stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $1.23, for a total value of $120,082.44. Following the transaction, the director now owns 404,869 shares of the company’s stock, valued at $497,988.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Ur-Energy Trading Down 2.1 %

NYSEAMERICAN:URG opened at $1.17 on Friday. Ur-Energy Inc. has a twelve month low of $0.96 and a twelve month high of $2.01. The company has a market cap of $422.04 million, a price-to-earnings ratio of -6.13 and a beta of 1.12.

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

Institutional Investors Weigh In On Ur-Energy

A number of large investors have recently added to or reduced their stakes in URG. Xponance Inc. acquired a new position in shares of Ur-Energy in the second quarter valued at approximately $25,000. Principal Financial Group Inc. bought a new stake in Ur-Energy in the 2nd quarter valued at $51,000. Tidal Investments LLC acquired a new position in Ur-Energy in the 1st quarter valued at $65,000. Jump Financial LLC acquired a new position in Ur-Energy in the 4th quarter valued at $109,000. Finally, The Manufacturers Life Insurance Company bought a new position in Ur-Energy during the 2nd quarter worth $150,000. Institutional investors own 57.51% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.