Ur-Energy (TSE:URE) Hits New 12-Month High - Time to Buy?

Key Points

• Ur-Energy Inc. (TSE:URE) reached a new 52-week high, trading at C$2.50, with a significant volume of 310,575 shares.
• Wall Street analysts have rated Ur-Energy as a "Strong Buy," reflecting positive sentiment, with multiple upgrades from firms like Maxim Group and B. Riley.
• The company, focused on uranium mining and processing in the U.S., has a market cap of C$897.48 million and key financial ratios indicating strong liquidity.

Ur-Energy Inc. (TSE:URE - Get Free Report) NYSE: URG's share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$2.50 and last traded at C$2.46, with a volume of 310575 shares trading hands. The stock had previously closed at C$2.45.

Wall Street Analyst Weigh In

URE has been the subject of several research reports. Maxim Group upgraded Ur-Energy to a "strong-buy" rating in a research report on Friday, July 25th. B. Riley raised Ur-Energy to a "strong-buy" rating in a research note on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company has a consensus rating of "Strong Buy".

Ur-Energy Trading Up 0.4%

The company has a market cap of C$897.48 million, a price-to-earnings ratio of -14.47, a PEG ratio of -0.81 and a beta of 0.90. The firm has a 50 day moving average price of C$1.94 and a two-hundred day moving average price of C$1.46. The company has a quick ratio of 4.64, a current ratio of 16.78 and a debt-to-equity ratio of 0.80.

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.

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