HC Wainwright Analysts Cut Earnings Estimates for Ur Energy

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) – Equities researchers at HC Wainwright reduced their FY2026 earnings per share (EPS) estimates for shares of Ur Energy in a note issued to investors on Tuesday, August 11th. HC Wainwright analyst H. Ihle now expects that the basic materials company will earn ($0.14) per share for the year, down from their prior estimate of ($0.12). HC Wainwright currently has a “Buy” rating and a $2.20 target price on the stock. The consensus estimate for Ur Energy’s current full-year earnings is ($0.12) per share.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Ur Energy had a negative return on equity of 105.96% and a negative net margin of 252.75%.The company had revenue of $14.37 million during the quarter, compared to the consensus estimate of $14.36 million.

A number of other research firms have also recently issued reports on URG. Royal Bank Of Canada initiated coverage on Ur Energy in a research note on Monday, July 13th. They issued an “outperform” rating and a $1.75 target price on the stock. B. Riley Financial upgraded shares of Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Northland Securities set a $2.35 price objective on shares of Ur Energy in a report on Tuesday, May 12th. Finally, Roth Capital reiterated a “buy” rating and issued a $2.00 price objective on shares of Ur Energy in a research report on Tuesday, May 12th. Two 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, the stock presently has a consensus rating of “Buy” and an average target price of $2.34.

Ur Energy Price Performance

Shares of URG opened at $1.35 on Thursday. Ur Energy has a 12 month low of $1.12 and a 12 month high of $2.35. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.44 and a quick ratio of 3.63. The stock has a fifty day moving average price of $1.38 and a 200 day moving average price of $1.54. The company has a market cap of $536.48 million, a P/E ratio of -6.14 and a beta of 0.95.

Institutional Trading of Ur Energy

A number of institutional investors have recently made changes to their positions in the stock. CTC Alternative Strategies Ltd. bought a new position in shares of Ur Energy in the first quarter valued at approximately $31,000. TD Waterhouse Canada Inc. raised its holdings in Ur Energy by 378.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 24,900 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 19,700 shares in the last quarter. Gabelli Funds LLC bought a new stake in Ur Energy during the third quarter worth approximately $36,000. Earned Wealth Advisors LLC bought a new stake in Ur Energy during the first quarter worth approximately $37,000. Finally, Envestnet Asset Management Inc. acquired a new stake in Ur Energy in the second quarter worth approximately $38,000. 57.51% of the stock is owned by institutional investors and hedge funds.

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.