What is B. Riley's Forecast for Ur Energy FY2027 Earnings?

Key Points

• B. Riley has increased its FY2027 earnings per share (EPS) forecast for Ur Energy to $0.14 from a previous estimate of $0.11, while maintaining a "Buy" rating and a price target of $2.50.
• Multiple analysts, including Roth Capital and Maxim Group, have also given Ur Energy "Buy" ratings, with price targets ranging from $1.80 to $3.00.
• Insider activity includes significant share sales by COO Steven M. Hatten and CFO Roger L. Smith, with decreases in their stock ownership by 37.95% and 28.51%, respectively.

Ur Energy Inc (NYSEAMERICAN:URG - Free Report) TSE: URE - Equities researchers at B. Riley raised their FY2027 earnings per share (EPS) estimates for Ur Energy in a research note issued to investors on Thursday, September 25th. B. Riley analyst N. Giles now forecasts that the basic materials company will earn $0.14 per share for the year, up from their previous forecast of $0.11. B. Riley has a "Buy" rating and a $2.50 price target on the stock. The consensus estimate for Ur Energy's current full-year earnings is ($0.14) per share. B. Riley also issued estimates for Ur Energy's FY2029 earnings at $0.18 EPS.

Other equities analysts have also issued research reports about the company. Roth Capital raised their price objective on Ur Energy from $1.60 to $1.80 and gave the stock a "buy" rating in a report on Tuesday. Maxim Group began coverage on Ur Energy in a report on Friday, July 25th. They set a "buy" rating and a $3.00 price objective on the stock. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $2.44.

Ur Energy Stock Performance

Shares of URG stock opened at $1.75 on Friday. The stock's 50-day moving average is $1.38 and its two-hundred day moving average is $1.03. The firm has a market cap of $642.65 million, a price-to-earnings ratio of -10.29 and a beta of 0.98. Ur Energy has a 1 year low of $0.55 and a 1 year high of $1.78. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 3.36.

Institutional Investors Weigh In On Ur Energy

A number of hedge funds have recently added to or reduced their stakes in the company. Alps Advisors Inc. lifted its position in Ur Energy by 21.9% in the first quarter. Alps Advisors Inc. now owns 40,898,293 shares of the basic materials company's stock valued at $27,570,000 after purchasing an additional 7,341,627 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Ur Energy by 22.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,265,195 shares of the basic materials company's stock valued at $16,477,000 after purchasing an additional 4,372,738 shares during the period. Fourth Sail Capital LP lifted its position in Ur Energy by 59.8% in the second quarter. Fourth Sail Capital LP now owns 19,644,632 shares of the basic materials company's stock valued at $20,627,000 after purchasing an additional 7,348,764 shares during the period. CenterBook Partners LP lifted its position in Ur Energy by 206.0% in the first quarter. CenterBook Partners LP now owns 12,172,000 shares of the basic materials company's stock valued at $8,205,000 after purchasing an additional 8,194,631 shares during the period. Finally, Vident Advisory LLC lifted its position in Ur Energy by 23.8% in the second quarter. Vident Advisory LLC now owns 6,069,908 shares of the basic materials company's stock valued at $6,373,000 after purchasing an additional 1,167,791 shares during the period. Institutional investors and hedge funds own 57.51% of the company's stock.

Insider Activity

In other news, COO Steven M. Hatten sold 198,618 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $1.34, for a total transaction of $266,148.12. Following the completion of the sale, the chief operating officer 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Roger L. Smith sold 252,087 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $1.68, for a total transaction of $423,506.16. Following the sale, the chief financial officer owned 632,175 shares of the company's stock, valued at $1,062,054. This trade represents a 28.51% decrease in their position. The disclosure for this sale can be found here. 1.86% of the stock is currently owned by corporate insiders.

Ur Energy Company Profile

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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