FY2029 Earnings Estimate for Ur Energy Issued By B. Riley

Key Points

• B. Riley has issued a FY2029 earnings per share estimate of $0.15 for Ur Energy Inc, contrasting with the current consensus estimate of ($0.14) per share.
• Ur Energy currently has a market capitalization of $445.09 million and a consensus price target of $2.48, with multiple analysts maintaining a "Buy" rating on the stock.
• Institutional ownership in Ur Energy stands at 57.51%, with significant increases in holdings from various investors including Fourth Sail Capital LP and CenterBook Partners LP.

Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE - Research analysts at B. Riley issued their FY2029 earnings per share (EPS) estimates for shares of Ur Energy in a research note issued on Friday, August 8th. B. Riley analyst M. Key forecasts that the basic materials company will earn $0.15 per share for the year. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for Ur Energy's current full-year earnings is ($0.14) per share.

Other analysts have also recently issued research reports about the company. Alliance Global Partners reissued a "buy" rating on shares of Ur Energy in a report on Tuesday, April 15th. HC Wainwright reaffirmed a "buy" rating and issued a $2.70 price target on shares of Ur Energy in a report on Tuesday, April 15th. Finally, Maxim Group began coverage on Ur Energy in a report on Friday, July 25th. They issued a "buy" rating and a $3.00 price target on the stock. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $2.48.

Ur Energy Stock Performance

Shares of URG opened at $1.22 on Monday. The stock's 50-day simple moving average is $1.12 and its 200 day simple moving average is $0.96. The stock has a market capitalization of $445.09 million, a price-to-earnings ratio of -7.18 and a beta of 0.97. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 3.36. Ur Energy has a 52-week low of $0.55 and a 52-week high of $1.42.

Hedge Funds Weigh In On Ur Energy

Institutional investors have recently modified their holdings of the company. Alps Advisors Inc. grew its position in Ur Energy by 21.9% during the 1st quarter. Alps Advisors Inc. now owns 40,898,293 shares of the basic materials company's stock worth $27,570,000 after acquiring an additional 7,341,627 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Ur Energy by 22.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,265,195 shares of the basic materials company's stock worth $16,477,000 after acquiring an additional 4,372,738 shares during the last quarter. Fourth Sail Capital LP grew its position in Ur Energy by 59.8% during the 2nd quarter. Fourth Sail Capital LP now owns 19,644,632 shares of the basic materials company's stock worth $20,627,000 after acquiring an additional 7,348,764 shares during the last quarter. Vanguard Group Inc. grew its position in Ur Energy by 5.8% during the 4th quarter. Vanguard Group Inc. now owns 13,972,880 shares of the basic materials company's stock worth $16,069,000 after acquiring an additional 768,541 shares during the last quarter. Finally, CenterBook Partners LP grew its position in Ur Energy by 206.0% during the 1st quarter. CenterBook Partners LP now owns 12,172,000 shares of the basic materials company's stock worth $8,205,000 after acquiring an additional 8,194,631 shares during the last quarter. 57.51% of the stock is currently owned by institutional investors.

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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