Shares of Ur Energy Inc (NYSEAMERICAN:URG - Get Free Report) TSE: URE shot up 6.2% on Thursday . The stock traded as high as $1.97 and last traded at $1.97. 2,706,741 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 5,897,751 shares. The stock had previously closed at $1.85.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on URG shares. Roth Capital boosted their target price on Ur Energy from $1.60 to $1.80 and gave the company a "buy" rating in a research note on Tuesday, September 23rd. B. Riley boosted their price objective on shares of Ur Energy from $2.00 to $2.50 and gave the company a "buy" rating in a research report on Thursday, September 25th. Finally, Maxim Group began coverage on shares of Ur Energy in a report on Friday, July 25th. They issued a "buy" rating and a $3.00 price objective for the company. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $2.44.
Check Out Our Latest Stock Report on Ur Energy
Ur Energy Stock Performance
The business has a fifty day simple moving average of $1.47 and a 200-day simple moving average of $1.10. The company has a quick ratio of 2.49, a current ratio of 3.36 and a debt-to-equity ratio of 0.01. The firm has a market cap of $701.41 million, a P/E ratio of -11.24 and a beta of 0.96.
Insider Transactions at Ur Energy
In other news, Director Robby Sai Kit Chang sold 213,914 shares of the stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $1.75, for a total value of $374,349.50. Following the sale, the director directly owned 84,179 shares of the company's stock, valued at approximately $147,313.25. This represents a 71.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Steven M. Hatten sold 198,618 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $1.34, for a total value of $266,148.12. Following the completion of the sale, the chief operating officer directly owned 324,775 shares in the company, valued at approximately $435,198.50. This represents a 37.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 664,619 shares of company stock valued at $1,064,004. Insiders own 1.86% of the company's stock.
Institutional Investors Weigh In On Ur Energy
Institutional investors have recently modified their holdings of the business. Vanguard Personalized Indexing Management LLC boosted its position in shares of Ur Energy by 35.4% during 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 buying an additional 8,879 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of Ur Energy during the second quarter valued at $38,000. Envestnet Asset Management Inc. purchased a new stake in shares of Ur Energy during the second quarter valued at $38,000. Militia Capital Partners LP purchased a new stake in shares of Ur Energy during the first quarter valued at $40,000. Finally, Ritholtz Wealth Management purchased a new stake in shares of Ur Energy during the second quarter valued at $44,000. 57.51% of the stock is owned by hedge funds and other institutional investors.
About Ur Energy
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ur Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ur Energy wasn't on the list.
While Ur Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here

We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.