Ur-Energy Inc. (NYSEAMERICAN:URG) Insider Penne A. Goplerud Sells 100,000 Shares

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) insider Penne A. Goplerud sold 100,000 shares of Ur-Energy stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $1.19, for a total value of $119,000.00. Following the completion of the transaction, the insider now directly owns 412,895 shares in the company, valued at approximately $491,345.05. The sale was disclosed in a document filed with the SEC, which is available at this link.

Ur-Energy Stock Performance

NYSEAMERICAN:URG opened at $1.23 on Thursday. The stock has a market cap of $445.59 million, a price-to-earnings ratio of -6.47 and a beta of 1.12. Ur-Energy Inc. has a fifty-two week low of $0.96 and a fifty-two week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its quarterly earnings results on Friday, August 9th. The basic materials company reported ($0.03) EPS for the quarter, hitting the consensus estimate of ($0.03). The business had revenue of $4.65 million during the quarter, compared to analysts’ expectations of $4.60 million. Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 65.47%. As a group, equities analysts forecast that Ur-Energy Inc. will post -0.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on URG. HC Wainwright decreased their target price on shares of Ur-Energy from $3.20 to $2.70 and set a “buy” rating for the company in a report on Wednesday, August 14th. B. Riley decreased their price objective on shares of Ur-Energy from $3.00 to $2.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. Finally, Ventum Cap Mkts raised shares of Ur-Energy to a “strong-buy” rating in a research note on Monday, July 8th. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2.27.

Hedge Funds Weigh In On Ur-Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. Xponance Inc. acquired a new stake in shares of Ur-Energy during the 2nd quarter valued at about $25,000. Principal Financial Group Inc. bought a new position in Ur-Energy during the second quarter valued at approximately $51,000. Tidal Investments LLC acquired a new stake in Ur-Energy in the first quarter valued at approximately $65,000. Verity Asset Management Inc. grew its position in Ur-Energy by 22.0% in the first quarter. Verity Asset Management Inc. now owns 241,729 shares of the basic materials company’s stock worth $387,000 after acquiring an additional 43,592 shares in the last quarter. Finally, CQS US LLC increased its stake in shares of Ur-Energy by 0.5% during the 2nd quarter. CQS US LLC now owns 12,223,939 shares of the basic materials company’s stock worth $17,114,000 after purchasing an additional 64,141 shares during the last quarter. 57.51% of the stock is currently owned by hedge funds and other institutional investors.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.