Ur Energy (NYSEAMERICAN:URG) VP Buys $149,981.00 in Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) VP Jade Walle bought 107,900 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average cost of $1.39 per share, with a total value of $149,981.00. Following the completion of the purchase, the vice president directly owned 251,900 shares of the company’s stock, valued at $350,141. This represents a 74.93% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Ur Energy Price Performance

NYSEAMERICAN URG traded down $0.06 on Thursday, reaching $1.32. The company had a trading volume of 7,358,207 shares, compared to its average volume of 9,331,521. The stock has a market capitalization of $508.16 million, a PE ratio of -6.60 and a beta of 0.78. Ur Energy Inc has a 12 month low of $0.55 and a 12 month high of $2.35. The company has a quick ratio of 4.56, a current ratio of 5.44 and a debt-to-equity ratio of 0.87. The firm’s 50 day moving average price is $1.67 and its 200 day moving average price is $1.56.

Analysts Set New Price Targets

Separately, HC Wainwright decreased their target price on Ur Energy from $2.60 to $2.30 and set a “buy” rating on the stock in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat, Ur Energy has an average rating of “Buy” and a consensus target price of $2.35.

Institutional Investors Weigh In On Ur Energy

Several large investors have recently bought and sold shares of URG. Bravias Capital Group LLC bought a new stake in Ur Energy in the third quarter worth $27,000. Stratos Wealth Advisors LLC purchased a new position in shares of Ur Energy in the 3rd quarter worth $32,000. TD Waterhouse Canada Inc. grew its stake in shares of Ur Energy by 378.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock worth $33,000 after buying an additional 19,700 shares in the last quarter. Gabelli Funds LLC bought a new stake in shares of Ur Energy in the 3rd quarter worth about $36,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Ur Energy in the 2nd quarter worth about $38,000. Institutional investors own 57.51% of the company’s stock.

Ur Energy Company Profile

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013.