Azarias Capital Management L.P. Sells 3,003,845 Shares of Ur Energy Inc (NYSEAMERICAN:URG)

Azarias Capital Management L.P. lessened its stake in Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE by 14.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,945,808 shares of the basic materials company's stock after selling 3,003,845 shares during the quarter. Ur Energy accounts for about 6.7% of Azarias Capital Management L.P.'s investment portfolio, making the stock its 2nd biggest holding. Azarias Capital Management L.P. owned about 4.93% of Ur Energy worth $12,097,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Wellington Management Group LLP bought a new position in shares of Ur Energy during the fourth quarter worth about $58,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Ur Energy during the 4th quarter worth approximately $319,000. Wexford Capital LP raised its holdings in shares of Ur Energy by 297.2% in the fourth quarter. Wexford Capital LP now owns 661,123 shares of the basic materials company's stock valued at $760,000 after purchasing an additional 494,677 shares during the last quarter. ProShare Advisors LLC lifted its position in shares of Ur Energy by 55.4% in the fourth quarter. ProShare Advisors LLC now owns 99,624 shares of the basic materials company's stock worth $115,000 after purchasing an additional 35,534 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ur Energy by 1.2% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,892,457 shares of the basic materials company's stock worth $23,038,000 after purchasing an additional 231,013 shares during the last quarter. Institutional investors own 57.51% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Alliance Global Partners restated a "buy" rating on shares of Ur Energy in a research note on Tuesday, April 15th. HC Wainwright reissued a "buy" rating and issued a $2.70 price objective on shares of Ur Energy in a report on Tuesday, April 15th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $2.30.

Ur Energy Price Performance

Shares of URG opened at $1.13 on Friday. The firm has a market capitalization of $412.25 million, a PE ratio of -8.69 and a beta of 0.89. The company's 50-day moving average is $0.80 and its 200-day moving average is $0.99. Ur Energy Inc has a fifty-two week low of $0.55 and a fifty-two week high of $1.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.83 and a quick ratio of 3.70.

Ur Energy Company 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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