Ur-Energy (TSE:URE) Upgraded at Maxim Group

Key Points

• Maxim Group has upgraded Ur-Energy (TSE:URE) to a "strong-buy" rating, indicating increased confidence in the company's stock.
• Ur-Energy's market capitalization stands at C$497.71 million, with shares recently opening at C$1.93, close to its one year high of C$1.95.
• The company specializes in uranium mining and processing, with significant projects including Lost Creek and Shirley Basin located in the United States.

Maxim Group upgraded shares of Ur-Energy (TSE:URE - Free Report) NYSE: URG to a strong-buy rating in a report issued on Friday morning,Zacks.com reports.

Separately, B. Riley raised shares of Ur-Energy to a "strong-buy" rating in a report on Tuesday, July 22nd.

Ur-Energy Stock Performance

URE traded down C$0.01 during trading on Friday, reaching C$1.92. 122,516 shares of the company's stock were exchanged, compared to its average volume of 134,387. Ur-Energy has a fifty-two week low of C$0.78 and a fifty-two week high of C$1.95. 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 business has a 50 day moving average price of C$1.44 and a 200 day moving average price of C$1.30. The company has a market capitalization of C$495.13 million, a P/E ratio of -10.09, a PEG ratio of -0.81 and a beta of 1.10.

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.