Ur-Energy (TSE:URE) Issues Quarterly Earnings Results

Ur-Energy (TSE:URE) (NYSE:URG) posted its quarterly earnings results on Friday. The company reported C($0.10) earnings per share for the quarter, FiscalAI reports. The business had revenue of C$5.43 million during the quarter. Ur-Energy had a negative return on equity of 76.17% and a negative net margin of 275.29%.

Ur-Energy Price Performance

Shares of URE opened at C$2.39 on Friday. The stock has a market cap of C$949.62 million, a PE ratio of -11.95, a price-to-earnings-growth ratio of -0.81 and a beta of 0.27. The company has a debt-to-equity ratio of 88.08, a quick ratio of 4.64 and a current ratio of 5.44. Ur-Energy has a fifty-two week low of C$0.95 and a fifty-two week high of C$3.30. The firm’s 50-day simple moving average is C$2.16 and its two-hundred day simple moving average is C$2.12.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised shares of Ur-Energy to a “strong-buy” rating in a research note on Thursday, April 2nd. Four analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

About Ur-Energy

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.