Deutsche Bank AG Purchases New Holdings in Ur Energy Inc $URG

Deutsche Bank AG bought a new stake in Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 3,415,364 shares of the basic materials company’s stock, valued at approximately $4,645,000.

Other institutional investors have also recently made changes to their positions in the company. CTC Alternative Strategies Ltd. acquired a new position in Ur Energy during the first quarter worth about $31,000. TD Waterhouse Canada Inc. grew its stake 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 acquiring an additional 19,700 shares in the last quarter. Gabelli Funds LLC acquired a new stake in Ur Energy in the 3rd quarter valued at about $36,000. Earned Wealth Advisors LLC acquired a new stake in Ur Energy in the 1st quarter valued at about $37,000. Finally, Envestnet Asset Management Inc. purchased a new position in Ur Energy in the 2nd quarter worth approximately $38,000. 57.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Ur Energy news, Director Robby Sai Kit Chang sold 75,588 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $1.41, for a total value of $106,579.08. Following the transaction, the director owned 96,449 shares of the company’s stock, valued at $135,993.09. This represents a 43.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John Cash sold 77,751 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $1.41, for a total transaction of $109,628.91. Following the transaction, the director directly owned 696,264 shares of the company’s stock, valued at approximately $981,732.24. This trade represents a 10.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 411,289 shares of company stock valued at $578,172 over the last three months. Company insiders own 1.63% of the company’s stock.

Ur Energy Price Performance

NYSEAMERICAN:URG opened at $1.48 on Wednesday. Ur Energy Inc has a 52 week low of $1.12 and a 52 week high of $2.35. The stock’s fifty day moving average is $1.34 and its two-hundred day moving average is $1.52. The company has a market capitalization of $588.14 million, a P/E ratio of -6.73 and a beta of 0.95. The company has a quick ratio of 3.25, a current ratio of 4.00 and a debt-to-equity ratio of 1.02.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The business had revenue of $14.37 million for the quarter, compared to analysts’ expectations of $14.36 million. Ur Energy had a negative return on equity of 110.84% and a negative net margin of 252.75%. Equities analysts expect that Ur Energy Inc will post -0.16 EPS for the current year.

More Ur Energy News

Here are the key news stories impacting Ur Energy this week:

• Positive Sentiment: Analyst sentiment remains favorable. URG carries a consensus “Buy” rating, with a reported average price target of $2.32 versus recent trading levels. Royal Bank of Canada, HC Wainwright and Roth Capital maintain positive ratings, although RBC and HC Wainwright recently lowered their targets to $1.60 and $2.20, respectively.
• Positive Sentiment: Institutional ownership provides a supportive signal. Alps Advisors increased its position, while BlackRock, VanEck Associates and Manufacturers Life Insurance initiated new positions during the reported periods. Hedge funds and other institutions collectively own approximately 57.5% of Ur-Energy’s shares. Institutional ownership report
• Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at approximately $1.42, establishing a new position. The purchase is a modest positive signal, though it is considerably smaller than the reported insider sales.
• Neutral Sentiment: Ur-Energy’s latest quarterly revenue was essentially in line with estimates at $14.37 million, but the company reported a $0.04-per-share loss, missing the consensus loss estimate of $0.03. Analysts expect a full-year loss of approximately $0.16 per share, underscoring that the uranium producer remains unprofitable.
• Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for about $148,000, reducing his holdings by 13.7%. Directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively, reducing their ownership by 43.9% and 10.1%.
• Negative Sentiment: Additional selling included 72,838 shares by Director Kathy Walker and 81,576 shares by COO Steven M. Hatten. Collectively, the recent transactions represent meaningful insider selling and may create near-term selling pressure, although such trades do not necessarily indicate a change in the company’s long-term outlook. Ur-Energy insider trading report

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. B. Riley Financial raised Ur Energy to a “strong-buy” rating in a research note on Thursday, May 14th. Royal Bank Of Canada cut their target price on Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a research note on Monday, August 17th. Northland Securities set a $2.35 price target on Ur Energy in a report on Tuesday, May 12th. HC Wainwright lowered their price target on shares of Ur Energy from $2.30 to $2.20 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Finally, Roth Capital reissued a “buy” rating and issued a $2.00 price objective on shares of Ur Energy in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $2.32.

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.