Ur Energy (NYSEAMERICAN:URG) Upgraded at B. Riley

B. Riley upgraded shares of Ur Energy (NYSEAMERICAN:URG - Free Report) TSE: URE to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports.

Several other equities analysts also recently issued reports on the company. HC Wainwright reissued a "buy" rating and issued a $2.70 target price on shares of Ur Energy in a research report on Tuesday, April 15th. Alliance Global Partners reissued a "buy" rating on shares of Ur Energy in a research report on Tuesday, April 15th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $2.48.

Ur Energy Stock Up 3.7%

Ur Energy stock traded up $0.05 during mid-day trading on Tuesday, reaching $1.40. 4,702,340 shares of the company were exchanged, compared to its average volume of 8,129,849. The business has a fifty day moving average of $1.03 and a 200 day moving average of $0.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.70 and a current ratio of 4.83. The firm has a market cap of $510.75 million, a P/E ratio of -10.77 and a beta of 0.96. Ur Energy has a 12-month low of $0.55 and a 12-month high of $1.42.

Institutional Trading of Ur Energy

Several institutional investors have recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC increased its holdings in Ur Energy by 35.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 33,937 shares of the basic materials company's stock valued at $36,000 after purchasing an additional 8,879 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in Ur Energy by 37.4% in the 4th quarter. Ameritas Investment Partners Inc. now owns 37,006 shares of the basic materials company's stock valued at $43,000 after purchasing an additional 10,065 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Ur Energy by 178.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company's stock valued at $40,000 after purchasing an additional 22,395 shares during the last quarter. Wellington Management Group LLP increased its holdings in Ur Energy by 51.3% in the 1st quarter. Wellington Management Group LLP now owns 76,085 shares of the basic materials company's stock valued at $51,000 after purchasing an additional 25,786 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in Ur Energy by 24.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 141,334 shares of the basic materials company's stock valued at $163,000 after purchasing an additional 27,596 shares during the last quarter. Hedge funds and other institutional investors own 57.51% of the company's stock.

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.