HC Wainwright Reduces Earnings Estimates for Ur Energy

Ur Energy Inc (NYSEAMERICAN:URG – Free Report) (TSE:URE) – Investment analysts at HC Wainwright dropped their FY2026 EPS estimates for Ur Energy in a research note issued to investors on Tuesday, November 10th. HC Wainwright analyst H. Ihle now expects that the basic materials company will post earnings per share of ($0.17) for the year, down from their previous estimate of ($0.14). HC Wainwright currently has a “Buy” rating and a $1.80 target price on the stock. The consensus estimate for Ur Energy’s current full-year earnings is ($0.16) per share.

Ur Energy (NYSEAMERICAN:URG – Get Free Report) (TSE:URE) last announced its earnings results on Monday, November 9th. The basic materials company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). The firm had revenue of $12.43 million for the quarter, compared to the consensus estimate of $14.37 million. Ur Energy had a negative net margin of 191.64% and a negative return on equity of 111.88%.

Several other research analysts have also recently commented on URG. B. Riley Financial lowered their price target on shares of Ur Energy from $2.50 to $2.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Royal Bank Of Canada decreased their price target on Ur Energy from $1.60 to $1.25 and set an “outperform” rating for the company in a report on Wednesday. Five investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, Ur Energy currently has a consensus rating of “Buy” and a consensus target price of $2.11.

Check Out Our Latest Report on Ur Energy

Ur Energy Trading Down 3.6%

URG opened at $0.65 on Thursday. Ur Energy has a 12 month low of $0.62 and a 12 month high of $2.15. The stock has a market capitalization of $260.30 million, a price-to-earnings ratio of -3.44 and a beta of 1.21. The company has a debt-to-equity ratio of 1.37, a current ratio of 5.05 and a quick ratio of 3.25. The business has a fifty day moving average price of $1.02 and a 200 day moving average price of $1.40.

Insider Transactions at Ur Energy

In other Ur Energy news, COO Steven M. Hatten sold 81,576 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $1.39, for a total value of $113,390.64. Following the transaction, the chief operating officer directly owned 345,764 shares in the company, valued at $480,611.96. This represents a 19.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gary C. Huber sold 87,858 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $1.48, for a total transaction of $130,029.84. Following the completion of the transaction, the director owned 558,016 shares in the company, valued at $825,863.68. This represents a 13.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders acquired 182,137 shares of company stock valued at $221,773 and sold 587,005 shares valued at $838,231. 1.63% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. CTC Alternative Strategies Ltd. acquired a new position in shares of Ur Energy in the 1st quarter valued at $31,000. AXQ Capital LP purchased a new position in shares of Ur Energy in the 2nd quarter valued at $31,000. Earned Wealth Advisors LLC acquired a new stake in Ur Energy during the 1st quarter worth $37,000. Legal & General Group Plc acquired a new stake in Ur Energy during the 2nd quarter worth $50,000. Finally, Ieq Capital LLC raised its stake in Ur Energy by 275.3% during the 3rd quarter. Ieq Capital LLC now owns 41,560 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 30,485 shares in the last quarter. Institutional investors and hedge funds own 57.51% of the company’s stock.

About Ur Energy

(Get Free Report)

Ur-Energy Inc. is a U.S. uranium mining company focused on the exploration, development and recovery of uranium. The company uses in-situ recovery (ISR), a method that circulates a solution through underground uranium deposits and brings the dissolved uranium to the surface for processing. Its principal projects are in Wyoming, including the Lost Creek uranium facility in Sweetwater County and the Shirley Basin project. Ur-Energy’s product is uranium concentrate, which is supplied to the nuclear fuel cycle for further processing.

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Earnings History and Estimates for Ur Energy (NYSEAMERICAN:URG)

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