Ur-Energy (TSE:URE) Upgraded to "Strong-Buy" 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 research report sent to investors on Friday morning,Zacks.com reports.

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

Ur-Energy Price Performance

Shares of TSE:URE traded down C$0.07 during midday trading on Friday, reaching C$1.71. 89,528 shares of the company's stock traded hands, compared to its average volume of 134,348. Ur-Energy has a 1 year low of C$0.78 and a 1 year high of C$1.95. The company has a market cap of C$440.98 million, a P/E ratio of -8.99, a PEG ratio of -0.81 and a beta of 1.10. The company has a debt-to-equity ratio of 0.80, a quick ratio of 4.64 and a current ratio of 16.78. The company has a fifty day simple moving average of C$1.45 and a two-hundred day simple moving average of C$1.30.

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.