Ur-Energy Inc. (NYSEAMERICAN:URG) Position Boosted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,514,392 shares of the basic materials company’s stock after purchasing an additional 1,260,419 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.06% of Ur-Energy worth $23,892,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of URG. Royal Bank of Canada lifted its position in shares of Ur-Energy by 413.0% during 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 during the last quarter. Jane Street Group LLC lifted its position in shares of Ur-Energy by 71.5% during the fourth quarter. Jane Street Group LLC now owns 30,401 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 12,673 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Ur-Energy by 76.6% during 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 period. Citadel Advisors LLC raised its stake in Ur-Energy by 149.4% during 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 period. Finally, Alliancebernstein L.P. raised its stake in Ur-Energy by 206.6% during the fourth quarter. Alliancebernstein L.P. now owns 41,700 shares of the basic materials company’s stock worth $48,000 after acquiring an additional 28,100 shares during the period. Institutional investors own 57.51% of the company’s stock.

Analyst Ratings Changes

URG has been the topic of several research reports. B. Riley initiated coverage on shares of Ur-Energy in a research note on Friday, February 2nd. They set a “buy” rating and a $3.00 price objective on the stock. HC Wainwright increased their price objective on shares of Ur-Energy from $2.70 to $3.60 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Finally, Roth Mkm dropped their price objective on shares of Ur-Energy from $2.40 to $2.20 and set a “buy” rating on the stock in a research note on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to data from MarketBeat, Ur-Energy presently has a consensus rating of “Moderate Buy” and an average price target of $2.76.

Ur-Energy Stock Performance

Shares of NYSEAMERICAN:URG opened at $1.72 on Tuesday. Ur-Energy Inc. has a 52 week low of $0.82 and a 52 week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its quarterly earnings results on Wednesday, March 6th. The basic materials company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02). Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 36.71%. The company had revenue of $5.44 million for the quarter, compared to analyst estimates of $5.10 million. Analysts predict that Ur-Energy Inc. will post -0.03 earnings per share for the current year.

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.