Robby Sai Kit Chang Sells 213,914 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Key Points

• Robby Sai Kit Chang, Director of Ur Energy, sold 213,914 shares at $1.75 each on September 25th, totaling approximately $374,349.50, reducing his ownership by 71.76%.
• Ur Energy's stock has a fifty-two week high of $1.78 and is currently priced at $1.76, with a market cap of $646.32 million.
• Multiple analysts have issued positive outlooks on Ur Energy, raising target prices and maintaining a consensus rating of "Buy" with a target of $2.44.

Ur Energy Inc (NYSEAMERICAN:URG - Get Free Report) TSE: URE Director Robby Sai Kit Chang sold 213,914 shares of Ur Energy stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $1.75, for a total transaction of $374,349.50. Following the completion of the sale, the director owned 84,179 shares of the company's stock, valued at approximately $147,313.25. The trade was a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Ur Energy Price Performance

Shares of NYSEAMERICAN URG traded up $0.01 during midday trading on Friday, reaching $1.76. The company's stock had a trading volume of 7,342,819 shares, compared to its average volume of 5,785,722. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 3.36. Ur Energy Inc has a fifty-two week low of $0.55 and a fifty-two week high of $1.78. The business's 50 day moving average price is $1.38 and its two-hundred day moving average price is $1.03. The company has a market cap of $646.32 million, a P/E ratio of -10.35 and a beta of 0.98.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Roth Capital lifted their price objective on shares of Ur Energy from $1.60 to $1.80 and gave the company a "buy" rating in a research note on Tuesday. Maxim Group assumed coverage on shares of Ur Energy in a research note on Friday, July 25th. They issued a "buy" rating and a $3.00 price objective on the stock. Finally, B. Riley lifted their price objective on shares of Ur Energy from $2.00 to $2.50 and gave the company a "buy" rating in a research note on Thursday. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $2.44.

Institutional Trading of Ur Energy

Several institutional investors have recently added to or reduced their stakes in URG. Vanguard Personalized Indexing Management LLC boosted its holdings in Ur Energy by 35.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 33,937 shares of the basic materials company's stock valued at $36,000 after acquiring an additional 8,879 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in Ur Energy in the second quarter valued at $38,000. Envestnet Asset Management Inc. acquired a new position in Ur Energy in the second quarter valued at $38,000. Militia Capital Partners LP acquired a new position in Ur Energy in the first quarter valued at $40,000. Finally, Ritholtz Wealth Management acquired a new position in Ur Energy in the second quarter valued at $44,000. 57.51% of the stock is currently owned by institutional investors.

Ur Energy Company Profile

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.

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