Kathy Walker Sells 72,838 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Key Points

• Director Kathy Walker sold 72,838 Ur-Energy shares at an average price of $1.38, generating $100,516.44 and reducing her direct holdings by 11.03% to 587,267 shares.
• Ur-Energy shares rose 0.7% to $1.43, while the company’s latest quarterly results showed a $0.04 per-share loss, missing analyst expectations by $0.01; revenue of $14.37 million was broadly in line with forecasts.
• Analysts maintain a positive outlook, with the stock carrying an overall “Buy” rating and an average price target of $2.32. Institutional investors and hedge funds own 57.51% of the company.

Ur Energy Inc (NYSEAMERICAN:URG - Get Free Report) TSE: URE Director Kathy Walker sold 72,838 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $1.38, for a total value of $100,516.44. Following the sale, the director directly owned 587,267 shares of the company's stock, valued at approximately $810,428.46. This trade represents a 11.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Ur Energy Trading Up 0.7%

Shares of Ur Energy stock traded up $0.01 during trading hours on Monday, reaching $1.43. The stock had a trading volume of 3,466,353 shares, compared to its average volume of 9,536,441. The company has a current ratio of 4.00, a quick ratio of 3.25 and a debt-to-equity ratio of 1.02. Ur Energy Inc has a 1 year low of $1.12 and a 1 year high of $2.35. The firm has a market capitalization of $568.27 million, a price-to-earnings ratio of -6.50 and a beta of 0.95. The firm has a 50 day simple moving average of $1.34 and a two-hundred day simple moving average of $1.52.

Ur Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE last posted its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The business had revenue of $14.37 million during the quarter, compared to analysts' expectations of $14.36 million. Ur Energy had a negative net margin of 252.75% and a negative return on equity of 110.84%. As a group, equities research analysts anticipate that Ur Energy Inc will post -0.16 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on URG. Roth Capital reaffirmed a "buy" rating and set a $2.00 price target on shares of Ur Energy in a research report on Tuesday, May 12th. Royal Bank Of Canada reduced their price objective on Ur Energy from $1.75 to $1.60 and set an "outperform" rating on the stock in a research note on Monday, August 17th. HC Wainwright lowered their target price on Ur Energy from $2.30 to $2.20 and set a "buy" rating for the company in a research note on Tuesday, August 11th. Northland Securities set a $2.35 target price on Ur Energy in a research note on Tuesday, May 12th. Finally, B. Riley Financial raised Ur Energy to a "strong-buy" rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $2.32.

Hedge Funds Weigh In On Ur Energy

Institutional investors have recently made changes to their positions in the business. Sei Investments Co. acquired a new stake in shares of Ur Energy in the 1st quarter valued at about $2,439,000. Segra Capital Management LLC grew its position in shares of Ur Energy by 159,828.6% in the 1st quarter. Segra Capital Management LLC now owns 1,599,286 shares of the basic materials company's stock worth $2,383,000 after acquiring an additional 1,598,286 shares in the last quarter. Goehring & Rozencwajg Associates LLC increased its holdings in shares of Ur Energy by 22.6% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 4,253,094 shares of the basic materials company's stock valued at $6,337,000 after acquiring an additional 785,173 shares during the last quarter. HITE Hedge Asset Management LLC bought a new stake in shares of Ur Energy in the 4th quarter valued at approximately $2,871,000. Finally, Simcoe Capital LLC acquired a new stake in shares of Ur Energy during the 4th quarter valued at approximately $2,173,000. 57.51% of the stock is owned by institutional investors and hedge funds.

About Ur Energy

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company's core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company's flagship asset is the Lost Creek Project in Wyoming's Great Divide Basin, which commenced commercial production in 2013.

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