Azarias Capital Management L.P. Decreases Stock Holdings in Ur-Energy Inc. (NYSEAMERICAN:URG)

Azarias Capital Management L.P. trimmed its holdings in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 1.5% in the 4th quarter, HoldingsChannel reports. The firm owned 20,949,653 shares of the basic materials company’s stock after selling 322,021 shares during the quarter. Ur-Energy makes up approximately 10.8% of Azarias Capital Management L.P.’s portfolio, making the stock its largest holding. Azarias Capital Management L.P. owned about 0.06% of Ur-Energy worth $24,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC grew its position in shares of Ur-Energy by 21.8% during the third quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company’s stock valued at $4,625,000 after purchasing an additional 695,487 shares in the last quarter. Segra Capital Management LLC boosted its stake in Ur-Energy by 47.2% during the third quarter. Segra Capital Management LLC now owns 20,945,798 shares of the basic materials company’s stock valued at $25,067,000 after buying an additional 6,718,094 shares during the last quarter. Fourth Sail Capital LP purchased a new position in Ur-Energy during the 3rd quarter valued at approximately $20,840,000. BNP Paribas Financial Markets grew its holdings in Ur-Energy by 62.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 158,693 shares of the basic materials company’s stock valued at $189,000 after buying an additional 61,260 shares in the last quarter. Finally, Mirabella Financial Services LLP bought a new stake in Ur-Energy in the 3rd quarter worth approximately $3,209,000. 57.51% of the stock is owned by hedge funds and other institutional investors.

Ur-Energy Stock Performance

NYSEAMERICAN:URG opened at $1.01 on Thursday. Ur-Energy Inc. has a 1 year low of $0.96 and a 1 year high of $1.90.

Wall Street Analyst Weigh In

A number of research firms have recently commented on URG. HC Wainwright reiterated a “buy” rating and set a $2.70 target price on shares of Ur-Energy in a research report on Tuesday. Roth Mkm reiterated a “buy” rating and set a $2.20 price objective (up previously from $1.90) on shares of Ur-Energy in a research report on Wednesday, October 23rd.

Ur-Energy Profile

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.