Shell Asset Management Co. Buys New Shares in Ur-Energy Inc. (NYSEAMERICAN:URG)

Shell Asset Management Co. acquired a new position in Ur-Energy Inc. (NYSEAMERICAN:URGFree Report) (TSE:URE) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 326,984 shares of the basic materials company’s stock, valued at approximately $504,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada raised its stake in Ur-Energy by 413.0% in the 3rd 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 2nd quarter valued at approximately $30,000. Jane Street Group LLC raised its position in shares of Ur-Energy by 71.5% in the 4th quarter. Jane Street Group LLC now owns 30,401 shares of the basic materials company’s stock valued at $35,000 after buying an additional 12,673 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Ur-Energy by 76.6% in the 3rd quarter. Price T Rowe Associates Inc. MD now owns 33,146 shares of the basic materials company’s stock valued at $37,000 after buying an additional 14,382 shares in the last quarter. Finally, Citadel Advisors LLC raised its position in shares of Ur-Energy by 149.4% in the 3rd quarter. Citadel Advisors LLC now owns 36,864 shares of the basic materials company’s stock valued at $40,000 after buying an additional 22,084 shares in the last quarter. Institutional investors and hedge funds own 43.96% of the company’s stock.

Insider Activity at Ur-Energy

In related news, Director Gary C. Huber sold 55,653 shares of Ur-Energy stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $1.66, for a total transaction of $92,383.98. Following the sale, the director now directly owns 308,923 shares of the company’s stock, valued at approximately $512,812.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Ur-Energy news, Director Gary C. Huber sold 50,527 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $1.55, for a total transaction of $78,316.85. Following the sale, the director now directly owns 308,923 shares of the company’s stock, valued at approximately $478,830.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary C. Huber sold 55,653 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $1.66, for a total transaction of $92,383.98. Following the sale, the director now directly owns 308,923 shares in the company, valued at $512,812.18. The disclosure for this sale can be found here. In the last three months, insiders have sold 288,822 shares of company stock valued at $469,873. 3.35% of the stock is owned by insiders.

Ur-Energy Stock Performance

Shares of Ur-Energy stock opened at $1.80 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.31 and a current ratio of 5.71. Ur-Energy Inc. has a 1 year low of $0.82 and a 1 year high of $2.01.

Wall Street Analyst Weigh In

Several brokerages have recently commented on URG. StockNews.com upgraded shares of Ur-Energy to a “sell” rating in a research report on Sunday, December 3rd. HC Wainwright dropped their target price on shares of Ur-Energy from $2.80 to $2.70 and set a “buy” rating for the company in a research report on Wednesday, November 1st. B. Riley began coverage on shares of Ur-Energy in a research report on Friday, February 2nd. They issued a “buy” rating and a $3.00 target price for the company. Finally, Roth Mkm dropped their target price on shares of Ur-Energy from $2.50 to $2.40 and set a “buy” rating for the company in a research report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $2.59.

View Our Latest Research Report on URG

Ur-Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ur-Energy (NYSEAMERICAN:URG)

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