Themes Management Co LLC Buys Shares of 414,965 Ur Energy Inc $URG

Themes Management Co LLC bought a new stake in shares of Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 414,965 shares of the basic materials company’s stock, valued at approximately $568,000. Themes Management Co LLC owned approximately 0.11% of Ur Energy as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in URG. Stratos Wealth Advisors LLC purchased a new position in Ur Energy during the 3rd quarter valued at about $32,000. TD Waterhouse Canada Inc. grew its holdings in Ur Energy by 378.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock valued at $33,000 after buying an additional 19,700 shares in the last quarter. Gabelli Funds LLC purchased a new position in Ur Energy during the 3rd quarter valued at about $36,000. Envestnet Asset Management Inc. purchased a new position in Ur Energy during the 2nd quarter valued at about $38,000. Finally, Creative Planning purchased a new position in Ur Energy during the 2nd quarter valued at about $47,000. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on URG. Roth Mkm reaffirmed a “buy” rating and set a $2.00 target price on shares of Ur Energy in a report on Tuesday, May 12th. Canaccord Genuity Group began coverage on Ur Energy in a research report on Thursday, April 2nd. They set a “buy” rating and a $3.25 price target for the company. Northland Securities set a $2.35 price target on Ur Energy in a research report on Tuesday, May 12th. B. Riley Financial upgraded Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Finally, HC Wainwright reiterated a “buy” rating and set a $2.30 price target on shares of Ur Energy in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat.com, Ur Energy has an average rating of “Buy” and an average price target of $2.57.

Insider Activity

In other news, VP Jade Walle bought 107,900 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of $1.39 per share, for a total transaction of $149,981.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.63% of the company’s stock.

Ur Energy Stock Performance

Shares of URG opened at $1.55 on Tuesday. The company has a market cap of $615.86 million, a PE ratio of -6.46 and a beta of 0.92. The company has a current ratio of 4.44, a quick ratio of 3.63 and a debt-to-equity ratio of 0.83. The stock has a 50-day moving average price of $1.60 and a 200-day moving average price of $1.55. Ur Energy Inc has a 12-month low of $0.74 and a 12-month high of $2.35.

About Ur Energy

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.