Go Pro

3,415,364 Shares in Ur Energy Inc $URG Acquired by Deutsche Bank AG

Ur Energy logo with Energy background
Image from MarketBeat Media, LLC.

Key Points

  • Deutsche Bank acquired 3.42 million Ur-Energy shares in the second quarter, valued at approximately $4.65 million and representing about 0.86% of the company. Institutional investors and hedge funds collectively own 57.5% of URG.
  • Ur-Energy reported quarterly revenue of $14.37 million, essentially matching estimates, but its $0.04-per-share loss was worse than expected. The company remains unprofitable, with analysts projecting a full-year loss of about $0.16 per share.
  • Analysts maintain a favorable consensus “Buy” rating and an average price target of $2.32, compared with shares recently trading near $1.48. However, substantial recent insider selling—including 411,289 shares sold over the past quarter—could create near-term pressure.
  • MarketBeat previews the top five stocks to own by October 1st.

Deutsche Bank AG bought a new stake in shares of Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,415,364 shares of the basic materials company's stock, valued at approximately $4,645,000. Deutsche Bank AG owned about 0.86% of Ur Energy as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Gabelli Funds LLC acquired a new position in shares of Ur Energy during the third quarter worth $36,000. CTC Alternative Strategies Ltd. purchased a new stake in shares of Ur Energy during the 1st quarter valued at $31,000. TD Waterhouse Canada Inc. boosted its position in shares of Ur Energy by 378.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company's stock worth $33,000 after purchasing an additional 19,700 shares in the last quarter. Earned Wealth Advisors LLC acquired a new stake in shares of Ur Energy in the 1st quarter worth $37,000. Finally, J.W. Cole Advisors Inc. grew its stake in Ur Energy by 96.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 29,500 shares of the basic materials company's stock worth $41,000 after buying an additional 14,500 shares during the last quarter. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Ur Energy Stock Performance

Shares of URG stock opened at $1.48 on Wednesday. The business has a fifty day moving average of $1.34 and a 200 day moving average of $1.52. Ur Energy Inc has a 1 year low of $1.12 and a 1 year high of $2.35. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. The firm has a market capitalization of $588.14 million, a price-to-earnings ratio of -6.73 and a beta of 0.95.

Ur Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE last announced its quarterly earnings data on Monday, August 10th. The basic materials company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). Ur Energy had a negative net margin of 252.75% and a negative return on equity of 110.84%. The firm had revenue of $14.37 million during the quarter, compared to analyst estimates of $14.36 million. As a group, research analysts expect that Ur Energy Inc will post -0.16 earnings per share for the current year.

Ur Energy News Roundup

Here are the key news stories impacting Ur Energy this week:

  • Positive Sentiment: Analyst sentiment remains favorable. URG carries a consensus “Buy” rating, with a reported average price target of $2.32 versus recent trading levels. Royal Bank of Canada, HC Wainwright and Roth Capital maintain positive ratings, although RBC and HC Wainwright recently lowered their targets to $1.60 and $2.20, respectively.
  • Positive Sentiment: Institutional ownership provides a supportive signal. Alps Advisors increased its position, while BlackRock, VanEck Associates and Manufacturers Life Insurance initiated new positions during the reported periods. Hedge funds and other institutions collectively own approximately 57.5% of Ur-Energy’s shares. Institutional ownership report
  • Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at approximately $1.42, establishing a new position. The purchase is a modest positive signal, though it is considerably smaller than the reported insider sales.
  • Neutral Sentiment: Ur-Energy’s latest quarterly revenue was essentially in line with estimates at $14.37 million, but the company reported a $0.04-per-share loss, missing the consensus loss estimate of $0.03. Analysts expect a full-year loss of approximately $0.16 per share, underscoring that the uranium producer remains unprofitable.
  • Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for about $148,000, reducing his holdings by 13.7%. Directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively, reducing their ownership by 43.9% and 10.1%.
  • Negative Sentiment: Additional selling included 72,838 shares by Director Kathy Walker and 81,576 shares by COO Steven M. Hatten. Collectively, the recent transactions represent meaningful insider selling and may create near-term selling pressure, although such trades do not necessarily indicate a change in the company’s long-term outlook. Ur-Energy insider trading report

Insider Transactions at Ur Energy

In other Ur Energy news, Director John Cash sold 77,751 shares of the firm's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $1.41, for a total transaction of $109,628.91. Following the completion of the transaction, the director directly owned 696,264 shares of the company's stock, valued at approximately $981,732.24. This trade represents a 10.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kathy E. Walker sold 72,838 shares of the company's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $1.38, for a total transaction of $100,516.44. Following the completion of the sale, the director directly owned 587,267 shares in the company, valued at $810,428.46. This trade represents a 11.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 411,289 shares of company stock valued at $578,172 over the last quarter. Company insiders own 1.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on URG shares. B. Riley Financial upgraded Ur Energy to a "strong-buy" rating in a research note on Thursday, May 14th. Roth Capital restated a "buy" rating and set a $2.00 price objective on shares of Ur Energy in a report on Tuesday, May 12th. Royal Bank Of Canada cut their price objective on shares of Ur Energy from $1.75 to $1.60 and set an "outperform" rating on the stock in a report on Monday, August 17th. HC Wainwright lowered their target price on shares of Ur Energy from $2.30 to $2.20 and set a "buy" rating for the company in a research note on Tuesday, August 11th. Finally, Northland Securities set a $2.35 target price on shares of Ur Energy in a research note on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $2.32.

Check Out Our Latest Research Report on Ur Energy

Ur Energy Company Profile

(Free Report)

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company's core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company's flagship asset is the Lost Creek Project in Wyoming's Great Divide Basin, which commenced commercial production in 2013.

See Also

Institutional Ownership by Quarter for Ur Energy (NYSEAMERICAN:URG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Should You Invest $1,000 in Ur Energy Right Now?

Before you consider Ur Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ur Energy wasn't on the list.

While Ur Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines