Roth Capital Lowers Earnings Estimates for Ur-Energy

Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE - Investment analysts at Roth Capital reduced their FY2025 earnings estimates for shares of Ur-Energy in a research report issued to clients and investors on Monday, May 12th. Roth Capital analyst J. Reagor now forecasts that the basic materials company will post earnings of ($0.07) per share for the year, down from their previous forecast of ($0.06). The consensus estimate for Ur-Energy's current full-year earnings is ($0.14) per share.

A number of other analysts also recently weighed in on URG. HC Wainwright reiterated a "buy" rating and issued a $2.70 price target on shares of Ur-Energy in a research report on Tuesday, April 15th. Alliance Global Partners reiterated a "buy" rating on shares of Ur-Energy in a report on Tuesday, April 15th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $2.30.

Ur-Energy Stock Down 2.4%

NYSEAMERICAN:URG traded down $0.02 during mid-day trading on Wednesday, reaching $0.70. 538,240 shares of the company were exchanged, compared to its average volume of 4,147,469. The stock has a market cap of $253.78 million, a PE ratio of -5.36 and a beta of 1.10. The company has a fifty day moving average of $0.72 and a 200 day moving average of $1.02. Ur-Energy has a 12 month low of $0.55 and a 12 month high of $1.88.

Hedge Funds Weigh In On Ur-Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. Ameritas Investment Partners Inc. boosted its stake in shares of Ur-Energy by 37.4% in the fourth quarter. Ameritas Investment Partners Inc. now owns 37,006 shares of the basic materials company's stock valued at $43,000 after buying an additional 10,065 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Ur-Energy by 178.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company's stock valued at $40,000 after buying an additional 22,395 shares during the period. Wellington Management Group LLP lifted its position in Ur-Energy by 51.3% during the first quarter. Wellington Management Group LLP now owns 76,085 shares of the basic materials company's stock worth $51,000 after purchasing an additional 25,786 shares during the period. JPMorgan Chase & Co. lifted its position in Ur-Energy by 22.0% during the third quarter. JPMorgan Chase & Co. now owns 147,268 shares of the basic materials company's stock worth $175,000 after purchasing an additional 26,531 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in Ur-Energy by 24.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 141,334 shares of the basic materials company's stock worth $163,000 after purchasing an additional 27,596 shares during the period. 57.51% of the stock is currently owned by institutional investors and hedge funds.

About Ur-Energy

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.