HC Wainwright Lowers Earnings Estimates for Ur-Energy

Key Points

• HC Wainwright has lowered its FY2025 EPS estimate for Ur-Energy to ($0.17), down from a previous estimate of ($0.13), indicating a negative outlook for the company.
• The current consensus estimate for Ur-Energy's earnings stands at $0.03 per share, reflecting a significant disparity with the new forecast.
• Ur-Energy shares recently opened at C$1.66, having experienced a 3.5% decline, amidst varying analyst ratings that include both upgrades to "strong-buy" and cautionary outlooks.

Ur-Energy Inc. (TSE:URE - Free Report) NYSE: URG - Equities researchers at HC Wainwright cut their FY2025 earnings per share (EPS) estimates for Ur-Energy in a report released on Wednesday, August 6th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.17) per share for the year, down from their prior forecast of ($0.13). The consensus estimate for Ur-Energy's current full-year earnings is $0.03 per share.

Other equities research analysts have also recently issued reports about the company. B. Riley upgraded Ur-Energy to a "strong-buy" rating in a research note on Tuesday, July 22nd. Maxim Group upgraded Ur-Energy to a "strong-buy" rating in a research note on Friday, July 25th.

Ur-Energy Stock Performance

Shares of URE stock remained flat at C$1.66 during trading on Friday. The company had a trading volume of 120,717 shares, compared to its average volume of 135,086. The company has a quick ratio of 4.64, a current ratio of 16.78 and a debt-to-equity ratio of 0.80. The company has a market cap of C$428.08 million, a price-to-earnings ratio of -8.72, a P/E/G ratio of -0.81 and a beta of 1.10. The stock's 50 day simple moving average is C$1.54 and its 200-day simple moving average is C$1.30. Ur-Energy has a fifty-two week low of C$0.78 and a fifty-two week high of C$1.95.

Ur-Energy Company Profile

Ur-Energy Inc is an exploration stage mining company. The company is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. Its projects are Lost Creek, Shirley Basin, and other U.S.