Insider Selling: Ur-Energy Inc. (NYSEAMERICAN:URG) Insider Sells 66,588 Shares of Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) insider Penne A. Goplerud sold 66,588 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $1.66, for a total value of $110,536.08. Following the transaction, the insider now directly owns 412,895 shares in the company, valued at $685,405.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Ur-Energy Stock Performance

Shares of Ur-Energy stock traded up $0.04 during trading on Monday, hitting $1.69. The stock had a trading volume of 3,355,451 shares, compared to its average volume of 1,732,228. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.71 and a quick ratio of 5.31. The company has a market cap of $449.49 million, a P/E ratio of -13.92 and a beta of 1.28. Ur-Energy Inc. has a 1 year low of $0.82 and a 1 year high of $1.71.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its quarterly earnings data on Monday, October 30th. The basic materials company reported ($0.07) earnings per share for the quarter. The business had revenue of $5.75 million for the quarter, compared to analysts’ expectations of $5.90 million. As a group, equities research analysts predict that Ur-Energy Inc. will post -0.12 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its position in shares of Ur-Energy by 413.0% in the third quarter. Royal Bank of Canada now owns 23,943 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 19,276 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Ur-Energy in the second quarter worth $30,000. Jane Street Group LLC increased its stake in shares of Ur-Energy by 71.5% in the fourth quarter. Jane Street Group LLC now owns 30,401 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 12,673 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Ur-Energy by 76.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 33,146 shares of the basic materials company’s stock worth $37,000 after acquiring an additional 14,382 shares during the last quarter. Finally, Citadel Advisors LLC increased its stake in shares of Ur-Energy by 149.4% in the third quarter. Citadel Advisors LLC now owns 36,864 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 22,084 shares during the last quarter. 43.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on URG shares. Roth Mkm decreased their price objective on shares of Ur-Energy from $2.40 to $2.20 and set a “buy” rating for the company in a report on Wednesday, November 1st. HC Wainwright cut their price objective on Ur-Energy from $2.80 to $2.70 and set a “buy” rating for the company in a report on Wednesday, November 1st. StockNews.com began coverage on Ur-Energy in a report on Thursday, October 5th. They issued a “sell” rating for the company. Finally, TheStreet lowered Ur-Energy from a “c-” rating to a “d” rating in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2.38.

Ur-Energy Company 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.