Insider Selling: Ur Energy (NYSEAMERICAN:URG) Director Sells $130,029.84 in Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) Director Gary Huber sold 87,858 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $1.48, for a total transaction of $130,029.84. Following the sale, the director owned 558,016 shares in the company, valued at approximately $825,863.68. The trade was a 13.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Ur Energy Stock Up 2.7%

NYSEAMERICAN URG traded up $0.04 on Wednesday, reaching $1.52. The company had a trading volume of 7,553,089 shares, compared to its average volume of 9,514,471. The firm has a market capitalization of $604.03 million, a price-to-earnings ratio of -6.91 and a beta of 0.95. The company has a debt-to-equity ratio of 1.02, a quick ratio of 3.25 and a current ratio of 4.00. Ur Energy Inc has a 1-year low of $1.12 and a 1-year high of $2.35. The company’s fifty day moving average is $1.34 and its 200-day moving average is $1.52.

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 (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Ur Energy had a negative net margin of 252.75% and a negative return on equity of 110.84%. The firm had revenue of $14.37 million during the quarter, compared to analyst estimates of $14.36 million. On average, research analysts forecast that Ur Energy Inc will post -0.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. J.W. Cole Advisors Inc. increased its position in shares of Ur Energy by 96.7% during the 4th quarter. J.W. Cole Advisors Inc. now owns 29,500 shares of the basic materials company’s stock worth $41,000 after purchasing an additional 14,500 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Ur Energy by 52.3% in the 3rd quarter. Raymond James Financial Inc. now owns 42,974 shares of the basic materials company’s stock valued at $77,000 after buying an additional 14,755 shares during the last quarter. Virtu Financial LLC boosted its holdings in shares of Ur Energy by 21.3% in the 3rd quarter. Virtu Financial LLC now owns 106,704 shares of the basic materials company’s stock valued at $191,000 after buying an additional 18,735 shares during the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of Ur Energy by 378.8% in the fourth 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. Finally, Gabelli Funds LLC bought a new position in shares of Ur Energy in the third quarter valued at $36,000. 57.51% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Ur Energy

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

• Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at an average price of $1.42, investing approximately $14,200 and establishing a direct position. The purchase may modestly improve investor sentiment. Insider buying report
• Positive Sentiment: Analyst sentiment remains favorable, with Ur-Energy carrying a consensus “Buy” rating and an average price target of approximately $2.32. However, recent target reductions by RBC and HC Wainwright indicate some caution.
• Positive Sentiment: Institutional ownership is substantial at about 57.5%, and several large investors, including BlackRock, VanEck Associates and Manufacturers Life, recently established positions. This may provide longer-term support for the uranium producer.
• Neutral Sentiment: The latest quarter showed revenue of $14.37 million, essentially matching expectations, but Ur-Energy reported a $0.04-per-share loss versus the expected $0.03 loss. Analysts anticipate a full-year loss of roughly $0.16 per share, so the company remains unprofitable.
• Negative Sentiment: Insiders reported approximately 411,000 shares of sales worth roughly $578,000. CFO Roger L. Smith sold 103,536 shares, while directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively.
• Negative Sentiment: Director Kathy Walker sold 72,838 shares and COO Steven M. Hatten sold 81,576 shares. The transactions reduced their holdings by approximately 11% and 19%, respectively; Chang’s ownership fell nearly 44%. The volume and breadth of insider selling could create near-term pressure and outweigh the smaller legal counsel purchase. Insider selling report

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.