HC Wainwright Brokers Cut Earnings Estimates for Ur-Energy

Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE - Research analysts at HC Wainwright lowered their FY2025 earnings per share (EPS) estimates for Ur-Energy in a research report issued to clients and investors on Tuesday, April 15th. HC Wainwright analyst H. Ihle now anticipates that the basic materials company will earn ($0.09) per share for the year, down from their prior forecast of $0.04. HC Wainwright currently has a "Buy" rating and a $2.70 price objective on the stock. The consensus estimate for Ur-Energy's current full-year earnings is ($0.14) per share.

Separately, Alliance Global Partners restated a "buy" rating on shares of Ur-Energy in a research note 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 company. Based on data from MarketBeat, Ur-Energy has a consensus rating of "Buy" and an average target price of $2.30.

Ur-Energy Stock Performance

Shares of NYSEAMERICAN URG traded up $0.06 during trading on Thursday, reaching $0.72. The stock had a trading volume of 1,906,405 shares, compared to its average volume of 4,165,760. The company has a market cap of $261.79 million, a P/E ratio of -5.50 and a beta of 1.10. The business's 50-day moving average price is $0.80 and its 200-day moving average price is $1.07. Ur-Energy has a fifty-two week low of $0.55 and a fifty-two week high of $1.90.

Institutional Trading of Ur-Energy

Several hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its position in Ur-Energy by 21.8% during the third quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company's stock worth $4,625,000 after purchasing an additional 695,487 shares during the period. BNP Paribas Financial Markets lifted its stake in Ur-Energy by 62.9% during the third quarter. BNP Paribas Financial Markets now owns 158,693 shares of the basic materials company's stock worth $189,000 after purchasing an additional 61,260 shares during the period. Rhumbline Advisers lifted its holdings in shares of Ur-Energy by 136.5% during the fourth quarter. Rhumbline Advisers now owns 855,090 shares of the basic materials company's stock valued at $983,000 after acquiring an additional 493,504 shares during the period. Jane Street Group LLC grew its holdings in Ur-Energy by 128.4% during the 3rd quarter. Jane Street Group LLC now owns 333,488 shares of the basic materials company's stock worth $397,000 after acquiring an additional 187,496 shares during the last quarter. Finally, State Street Corp grew its position in shares of Ur-Energy by 19.1% during the 3rd quarter. State Street Corp now owns 3,383,899 shares of the basic materials company's stock worth $4,027,000 after buying an additional 541,777 shares during the period. Institutional investors own 57.51% of the company's stock.

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.