Alps Advisors Inc. raised its stake in Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE by 21.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,898,293 shares of the basic materials company's stock after acquiring an additional 7,341,627 shares during the quarter. Alps Advisors Inc. owned approximately 11.23% of Ur Energy worth $27,570,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of URG. Cibc World Markets Corp bought a new stake in Ur Energy in the 4th quarter valued at about $38,000. Tower Research Capital LLC TRC raised its position in shares of Ur Energy by 178.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company's stock valued at $40,000 after purchasing an additional 22,395 shares during the period. Ameritas Investment Partners Inc. raised its position in shares of Ur Energy by 37.4% in the fourth quarter. Ameritas Investment Partners Inc. now owns 37,006 shares of the basic materials company's stock valued at $43,000 after purchasing an additional 10,065 shares during the period. Ameriprise Financial Inc. purchased a new stake in shares of Ur Energy during the 4th quarter valued at approximately $54,000. Finally, Balyasny Asset Management L.P. bought a new position in Ur Energy in the 4th quarter worth approximately $57,000. 57.51% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Alliance Global Partners reissued a "buy" rating on shares of Ur Energy in a report on Tuesday, April 15th. HC Wainwright reiterated a "buy" rating and set a $2.70 price objective on shares of Ur Energy in a research note on Tuesday, April 15th.
Check Out Our Latest Stock Analysis on Ur Energy
Ur Energy Price Performance
NYSEAMERICAN:URG traded up $0.03 during mid-day trading on Friday, hitting $1.15. 5,261,830 shares of the stock traded hands, compared to its average volume of 4,721,044. The business's 50-day moving average price is $0.91 and its 200 day moving average price is $0.97. The company has a quick ratio of 3.70, a current ratio of 4.83 and a debt-to-equity ratio of 0.01. The company has a market cap of $419.54 million, a PE ratio of -8.85 and a beta of 0.96. Ur Energy Inc has a 12-month low of $0.55 and a 12-month high of $1.53.
Ur Energy Company Profile
(
Free Report)
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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