Rhumbline Advisers Has $372,000 Stake in Ur Energy Inc (NYSEAMERICAN:URG)

Rhumbline Advisers lessened its position in Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE by 35.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 552,181 shares of the basic materials company's stock after selling 302,909 shares during the period. Rhumbline Advisers owned approximately 0.15% of Ur Energy worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Cibc World Markets Corp bought a new stake in Ur Energy during the fourth quarter worth approximately $38,000. Tower Research Capital LLC TRC lifted its position in shares of Ur Energy by 178.5% during 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 acquiring an additional 22,395 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of Ur Energy by 37.4% during the 4th quarter. Ameritas Investment Partners Inc. now owns 37,006 shares of the basic materials company's stock worth $43,000 after acquiring an additional 10,065 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Ur Energy during the 4th quarter worth $54,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Ur Energy in the 4th quarter worth $57,000. Institutional investors own 57.51% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on URG. HC Wainwright reissued a "buy" rating and set a $2.70 price target on shares of Ur Energy in a research report on Tuesday, April 15th. Alliance Global Partners reissued a "buy" rating on shares of Ur Energy in a research report on Tuesday, April 15th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $2.30.

Ur Energy Stock Performance

Shares of NYSEAMERICAN:URG traded down $0.07 during midday trading on Friday, hitting $1.00. The company's stock had a trading volume of 57,226,056 shares, compared to its average volume of 5,406,293. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.70 and a current ratio of 4.83. The stock's 50 day simple moving average is $0.84 and its 200 day simple moving average is $0.99. The stock has a market capitalization of $364.82 million, a price-to-earnings ratio of -7.69 and a beta of 0.89. Ur Energy Inc has a fifty-two week low of $0.55 and a fifty-two week high of $1.53.

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.