Ur Energy (NYSEAMERICAN:URG) Director Gary Huber Sells 87,858 Shares

Key Points

• Director Gary Huber sold 87,858 Ur-Energy shares at an average price of $1.48, worth approximately $130,030, reducing his holdings by 13.6% to 558,016 shares.
• Ur-Energy’s latest quarter showed revenue of $14.37 million, in line with forecasts, but the company reported a larger-than-expected loss of $0.04 per share and remains unprofitable.
• Analysts maintain a consensus “Buy” rating with a $2.32 price target, while institutional investors own 57.51% of the stock; however, broad insider selling by several executives and directors could create near-term pressure.

Ur Energy Inc (NYSEAMERICAN:URG - Get Free Report) TSE: URE Director Gary Huber sold 87,858 shares of Ur Energy stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $1.48, for a total value of $130,029.84. Following the completion of the transaction, the director owned 558,016 shares of the company's stock, valued at approximately $825,863.68. The trade was a 13.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Ur Energy Price Performance

Shares of URG stock traded up $0.04 during trading hours on Wednesday, hitting $1.52. 7,553,089 shares of the company's stock were exchanged, compared to its average volume of 9,514,471. Ur Energy Inc has a 52 week low of $1.12 and a 52 week high of $2.35. The stock has a market cap of $604.03 million, a price-to-earnings ratio of -6.91 and a beta of 0.95. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.00 and a quick ratio of 3.25. The stock's 50-day moving average is $1.34 and its 200-day moving average is $1.52.

Ur Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE last released its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). The business had revenue of $14.37 million during the quarter, compared to the consensus estimate 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, research analysts forecast that Ur Energy Inc will post -0.16 EPS for the current year.

Key Headlines Impacting Ur Energy

Here are the key news stories impacting Ur Energy this week:

• Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at an average price of $1.42, investing approximately $14,200 and establishing a direct position. The purchase may modestly improve investor sentiment. Insider buying report
• Positive Sentiment: Analyst sentiment remains favorable, with Ur-Energy carrying a consensus “Buy” rating and an average price target of approximately $2.32. However, recent target reductions by RBC and HC Wainwright indicate some caution.
• Positive Sentiment: Institutional ownership is substantial at about 57.5%, and several large investors, including BlackRock, VanEck Associates and Manufacturers Life, recently established positions. This may provide longer-term support for the uranium producer.
• Neutral Sentiment: The latest quarter showed revenue of $14.37 million, essentially matching expectations, but Ur-Energy reported a $0.04-per-share loss versus the expected $0.03 loss. Analysts anticipate a full-year loss of roughly $0.16 per share, so the company remains unprofitable.
• Negative Sentiment: Insiders reported approximately 411,000 shares of sales worth roughly $578,000. CFO Roger L. Smith sold 103,536 shares, while directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively.
• Negative Sentiment: Director Kathy Walker sold 72,838 shares and COO Steven M. Hatten sold 81,576 shares. The transactions reduced their holdings by approximately 11% and 19%, respectively; Chang’s ownership fell nearly 44%. The volume and breadth of insider selling could create near-term pressure and outweigh the smaller legal counsel purchase. Insider selling report

Analyst Ratings Changes

URG has been the topic of a number of research reports. B. Riley Financial upgraded shares of Ur Energy to a "strong-buy" rating in a research report on Thursday, May 14th. Royal Bank Of Canada dropped their price objective on shares of Ur Energy from $1.75 to $1.60 and set an "outperform" rating for the company in a research report on Monday, August 17th. Northland Securities set a $2.35 price objective on Ur Energy in a report on Tuesday, May 12th. Roth Capital reiterated a "buy" rating and issued a $2.00 price objective on shares of Ur Energy in a research report on Tuesday, May 12th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $2.32.

Institutional Investors Weigh In On Ur Energy

Several institutional investors have recently modified their holdings of URG. J.W. Cole Advisors Inc. raised its stake in Ur Energy by 96.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 29,500 shares of the basic materials company's stock worth $41,000 after buying an additional 14,500 shares during the period. Raymond James Financial Inc. grew its position in shares of Ur Energy by 52.3% in the 3rd quarter. Raymond James Financial Inc. now owns 42,974 shares of the basic materials company's stock valued at $77,000 after purchasing an additional 14,755 shares during the period. Virtu Financial LLC grew its position in shares of Ur Energy by 21.3% in the 3rd quarter. Virtu Financial LLC now owns 106,704 shares of the basic materials company's stock valued at $191,000 after purchasing an additional 18,735 shares during the period. TD Waterhouse Canada Inc. increased its stake in Ur Energy by 378.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company's stock worth $33,000 after purchasing an additional 19,700 shares in the last quarter. Finally, Gabelli Funds LLC bought a new stake in Ur Energy during the 3rd quarter worth approximately $36,000. Institutional investors and hedge funds own 57.51% of the company's stock.

Ur Energy Company Profile

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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