Ur-Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE's stock had its "buy" rating reaffirmed by research analysts at HC Wainwright in a report issued on Tuesday,Benzinga reports. They presently have a $2.70 price objective on the basic materials company's stock. HC Wainwright's target price would suggest a potential upside of 279.05% from the stock's previous close. HC Wainwright also issued estimates for Ur-Energy's FY2025 earnings at ($0.09) EPS.
Ur-Energy Trading Up 6.7 %
Ur-Energy stock traded up $0.04 during midday trading on Tuesday, hitting $0.71. 4,841,964 shares of the stock were exchanged, compared to its average volume of 4,180,555. The stock has a market capitalization of $259.35 million, a price-to-earnings ratio of -5.48 and a beta of 1.10. The stock's 50-day simple moving average is $0.81 and its 200 day simple moving average is $1.07. Ur-Energy has a fifty-two week low of $0.55 and a fifty-two week high of $1.90.
Hedge Funds Weigh In On Ur-Energy
Hedge funds have recently bought and sold shares of the company. FMR LLC grew its holdings in Ur-Energy by 1,864.0% during the 3rd quarter. FMR LLC now owns 29,519 shares of the basic materials company's stock worth $35,000 after acquiring an additional 28,016 shares in the last quarter. Cibc World Markets Corp purchased a new position in Ur-Energy in the fourth quarter valued at $38,000. Tower Research Capital LLC TRC raised its stake in 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 in the last quarter. Brave Asset Management Inc. purchased a new stake in Ur-Energy during the 4th quarter worth about $41,000. Finally, Ameritas Investment Partners Inc. boosted its holdings in shares of 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 buying an additional 10,065 shares in the last quarter. Institutional investors and hedge funds own 57.51% of the company's stock.
Ur-Energy Company Profile
(
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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.
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