249,970 Shares in Ur Energy Inc (NYSEAMERICAN:URG) Purchased by Virtu Financial LLC

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 position in Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 249,970 shares of the basic materials company's stock, valued at approximately $169,000. Virtu Financial LLC owned 0.07% of Ur Energy at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in URG. Tower Research Capital LLC TRC boosted its holdings in shares of Ur Energy by 178.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company's stock valued at $40,000 after buying an additional 22,395 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in shares of Ur Energy by 37.4% in the 4th quarter. Ameritas Investment Partners Inc. now owns 37,006 shares of the basic materials company's stock valued at $43,000 after buying an additional 10,065 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Ur Energy in the 4th quarter valued at about $54,000. Balyasny Asset Management L.P. acquired a new stake in Ur Energy in the 4th quarter worth approximately $57,000. Finally, Wellington Management Group LLP acquired a new stake in Ur Energy in the 4th quarter worth approximately $58,000. Hedge funds and other institutional investors own 57.51% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on URG. B. Riley initiated coverage on shares of Ur Energy in a research note on Wednesday, July 23rd. They set a "buy" rating and a $2.00 price objective for the company. Maxim Group initiated coverage on shares of Ur Energy in a report on Friday, July 25th. They issued a "buy" rating and a $3.00 price target for the company. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Ur Energy currently has a consensus rating of "Buy" and an average target price of $2.48.

Ur Energy Stock Down 1.7%

URG stock opened at $1.18 on Friday. The company's 50 day moving average price is $1.16 and its 200 day moving average price is $0.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 3.36. Ur Energy Inc has a fifty-two week low of $0.55 and a fifty-two week high of $1.42. The firm has a market capitalization of $430.50 million, a price-to-earnings ratio of -6.94 and a beta of 0.97.

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.

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