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

Rhumbline Advisers decreased its position in shares of Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE by 35.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 552,181 shares of the basic materials company's stock after selling 302,909 shares during the period. Rhumbline Advisers owned 0.15% of Ur Energy worth $372,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on URG. Alliance Global Partners reissued a "buy" rating on shares of Ur Energy in a report on Tuesday, April 15th. HC Wainwright reissued a "buy" rating and issued a $2.70 target price 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ur Energy presently has an average rating of "Buy" and a consensus target price of $2.30.

Ur Energy Trading Up 2.9%

NYSEAMERICAN:URG opened at $1.05 on Tuesday. The company has a market cap of $383.06 million, a P/E ratio of -8.08 and a beta of 0.89. The stock's fifty day moving average price is $0.81 and its two-hundred day moving average price is $0.99. Ur Energy Inc has a 1 year low of $0.55 and a 1 year 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.

About Ur Energy

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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