Virtu Financial LLC Makes New Investment in Ur Energy Inc $URG

Key Points

• Virtu Financial LLC acquired 249,970 shares of Ur Energy Inc, worth approximately $169,000, during the 1st quarter, raising its ownership to 0.07% of the company.
• Several institutional investors, including Tower Research Capital LLC and Ameritas Investment Partners, have significantly increased their stakes in Ur Energy, indicating growing interest from the investment community.
• Ur Energy has received a consensus rating of "Buy" from analysts, with a target price averaging $2.48, while the stock is currently trading at $1.18.

Virtu Financial LLC purchased a new stake in shares of Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 249,970 shares of the basic materials company's stock, valued at approximately $169,000. Virtu Financial LLC owned approximately 0.07% of Ur Energy as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Alps Advisors Inc. grew its holdings in shares of Ur Energy by 21.9% during the 1st quarter. Alps Advisors Inc. now owns 40,898,293 shares of the basic materials company's stock valued at $27,570,000 after acquiring an additional 7,341,627 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Ur Energy by 1.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,892,457 shares of the basic materials company's stock valued at $23,038,000 after acquiring an additional 231,013 shares in the last quarter. Fourth Sail Capital LP grew its holdings in shares of Ur Energy by 3.7% during the 1st quarter. Fourth Sail Capital LP now owns 12,295,868 shares of the basic materials company's stock valued at $8,289,000 after acquiring an additional 439,074 shares in the last quarter. CenterBook Partners LP boosted its holdings in Ur Energy by 206.0% in the first quarter. CenterBook Partners LP now owns 12,172,000 shares of the basic materials company's stock worth $8,205,000 after purchasing an additional 8,194,631 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Ur Energy by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 4,015,167 shares of the basic materials company's stock worth $4,617,000 after purchasing an additional 128,512 shares in the last quarter. 57.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. B. Riley assumed coverage on shares of Ur Energy in a report on Wednesday, July 23rd. They issued a "buy" rating and a $2.00 price objective for the company. Maxim Group assumed coverage on shares of Ur Energy in a report on Friday, July 25th. They issued a "buy" rating and a $3.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Ur Energy presently has an average rating of "Buy" and a consensus target price of $2.48.

Ur Energy Stock Performance

Ur Energy stock traded up $0.06 on Thursday, reaching $1.24. 3,396,462 shares of the stock were exchanged, compared to its average volume of 4,098,720. The stock has a market cap of $452.39 million, a PE ratio of -7.29 and a beta of 0.97. The company has a current ratio of 3.36, a quick ratio of 2.49 and a debt-to-equity ratio of 0.01. Ur Energy Inc has a twelve month low of $0.5521 and a twelve month high of $1.42. The firm has a fifty day moving average price of $1.18 and a two-hundred day moving average price of $0.96.

Ur Energy 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.