Gary Huber Sells 50,000 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Gary Huber sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $1.29, for a total transaction of $64,500.00. Following the completion of the sale, the director directly owned 541,609 shares of the company’s stock, valued at approximately $698,675.61. This represents a 8.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Ur Energy Stock Down 1.7%

Shares of URG opened at $1.19 on Friday. The business’s fifty day moving average price is $1.62 and its two-hundred day moving average price is $1.26. The firm has a market capitalization of $447.26 million, a price-to-earnings ratio of -7.00 and a beta of 0.96. Ur Energy Inc has a 52 week low of $0.55 and a 52 week high of $2.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 3.36.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. HC Wainwright dropped their price target on shares of Ur Energy from $2.70 to $2.60 and set a “buy” rating on the stock in a research report on Tuesday, November 4th. Maxim Group began coverage on shares of Ur Energy in a research report on Friday, July 25th. They issued a “buy” rating and a $3.00 target price for the company. Roth Capital upped their target price on Ur Energy from $1.60 to $1.80 and gave the company a “buy” rating in a research report on Tuesday, September 23rd. B. Riley upped their price target on shares of Ur Energy from $2.00 to $2.50 and gave the stock a “buy” rating in a report on Thursday, September 25th. Finally, Northland Securities began coverage on Ur Energy in a research note on Monday, October 27th. They issued an “outperform” rating and a $2.15 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $2.41.

Hedge Funds Weigh In On Ur Energy

Institutional investors and hedge funds have recently bought and sold shares of the company. Bravias Capital Group LLC bought a new position in Ur Energy in the third quarter valued at about $27,000. Stratos Wealth Advisors LLC bought a new position in Ur Energy in the 3rd quarter valued at approximately $32,000. Vanguard Personalized Indexing Management LLC boosted its position in Ur Energy by 35.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 33,937 shares of the basic materials company’s stock worth $36,000 after buying an additional 8,879 shares during the period. Gabelli Funds LLC bought a new stake in Ur Energy during the 3rd quarter worth approximately $36,000. Finally, Atria Wealth Solutions Inc. acquired a new position in Ur Energy in the 2nd quarter valued at approximately $38,000. Institutional investors and hedge funds own 57.51% of the company’s stock.

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.