Key Points
- Vice President Jade Walle purchased 107,900 shares of Ur Energy on March 18 at an average price of $1.39, spending $149,981 and increasing her holdings to 251,900 shares—a 74.93% rise; the trade was disclosed in an SEC filing.
- Wall Street's consensus rating is a Buy with a $2.35 price target (HC Wainwright trimmed its target to $2.30 but kept a "buy" rating), while shares opened at $1.36 and trade within a 52‑week range of $0.55–$2.35.
- Ur‑Energy is a U.S. uranium producer focused on low‑impact in‑situ recovery (ISR) mining with the Lost Creek project in Wyoming, and institutional investors own roughly 57.5% of the stock after several funds adjusted their positions.
Ur Energy Inc (NYSEAMERICAN:URG - Get Free Report) (TSE:URE) VP Jade Walle purchased 107,900 shares of Ur Energy stock in a transaction 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 completion of the acquisition, the vice president owned 251,900 shares in the company, valued at $350,141. The trade was a 74.93% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Ur Energy Stock Up 3.3%
Shares of URG stock opened at $1.36 on Friday. The company's fifty day simple moving average is $1.67 and its two-hundred day simple moving average is $1.56. Ur Energy Inc has a 52 week low of $0.55 and a 52 week high of $2.35. The stock has a market cap of $525.10 million, a P/E ratio of -6.82 and a beta of 0.78. The company has a quick ratio of 4.56, a current ratio of 5.44 and a debt-to-equity ratio of 0.87.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright dropped their price target on Ur Energy from $2.60 to $2.30 and set a "buy" rating for the company in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $2.35.
Get Our Latest Report on Ur Energy
Institutional Investors Weigh In On Ur Energy
Several large investors have recently added to or reduced their stakes in the stock. Old West Investment Management LLC increased its position in Ur Energy by 63.1% during the third quarter. Old West Investment Management LLC now owns 27,557 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 10,660 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of Ur Energy by 96.7% in the 4th quarter. J.W. Cole Advisors Inc. now owns 29,500 shares of the basic materials company's stock worth $41,000 after acquiring an additional 14,500 shares during the last quarter. Raymond James Financial Inc. lifted 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 worth $77,000 after acquiring an additional 14,755 shares during the last quarter. Bravias Capital Group LLC purchased a new position in shares of Ur Energy during the 3rd quarter worth about $27,000. Finally, Stratos Wealth Advisors LLC purchased a new position in shares of Ur Energy during the 3rd quarter worth about $32,000. 57.51% of the stock is owned by institutional investors.
Ur Energy Company Profile
(
Get Free Report)
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.
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