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Ur-Energy (TSE:URE) Stock Price Crosses Above 50 Day Moving Average - Should You Sell?

Ur-Energy logo with Energy background
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Ur-Energy Inc. (TSE:URE - Get Free Report) NYSE: URG's stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$2.16 and traded as high as C$2.53. Ur-Energy shares last traded at C$2.53, with a volume of 406,908 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised Ur-Energy to a "strong-buy" rating in a research note on Thursday, April 2nd. Four investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Ur-Energy presently has a consensus rating of "Strong Buy".

Get Our Latest Analysis on Ur-Energy

Ur-Energy Price Performance

The firm's fifty day simple moving average is C$2.16 and its 200-day simple moving average is C$2.12. The company has a quick ratio of 4.64, a current ratio of 5.44 and a debt-to-equity ratio of 88.08. The firm has a market capitalization of C$1.01 billion, a PE ratio of -12.65, a PEG ratio of -0.81 and a beta of 0.27.

Ur-Energy (TSE:URE - Get Free Report) NYSE: URG last released its quarterly earnings data on Tuesday, March 10th. The company reported C($0.05) EPS for the quarter. The business had revenue of C$13.98 million during the quarter. Ur-Energy had a negative return on equity of 76.17% and a negative net margin of 275.29%. On average, research analysts forecast that Ur-Energy Inc. will post 0.0273858 earnings per share for the current fiscal year.

About Ur-Energy

(Get Free Report)

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company's second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.

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