Robby Sai Kit Chang Sells 60,100 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director Robby Sai Kit Chang sold 60,100 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $1.47, for a total transaction of $88,347.00. Following the sale, the director now owns 73,572 shares in the company, valued at $108,150.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Ur-Energy Stock Performance

NYSEAMERICAN URG opened at $1.42 on Monday. Ur-Energy Inc. has a 52 week low of $0.91 and a 52 week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its earnings results on Monday, May 6th. The basic materials company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.04). Ur-Energy had a negative return on equity of 61.67% and a negative net margin of 173.40%. Research analysts expect that Ur-Energy Inc. will post -0.09 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Roth Mkm cut their target price on shares of Ur-Energy from $2.20 to $2.10 and set a “buy” rating on the stock in a research note on Thursday, May 9th. HC Wainwright cut their price objective on Ur-Energy from $3.40 to $3.30 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2.80.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Tidal Investments LLC acquired a new stake in shares of Ur-Energy during the 1st quarter worth about $65,000. Jump Financial LLC purchased a new position in Ur-Energy in the fourth quarter valued at approximately $109,000. Cannon Global Investment Management LLC acquired a new stake in Ur-Energy during the first quarter worth approximately $224,000. U S Global Investors Inc. purchased a new stake in shares of Ur-Energy during the 4th quarter worth approximately $231,000. Finally, Verity Asset Management Inc. boosted its holdings in shares of Ur-Energy by 6.4% in the 4th quarter. Verity Asset Management Inc. now owns 198,137 shares of the basic materials company’s stock valued at $305,000 after buying an additional 12,005 shares in the last quarter. 57.51% of the stock is owned by institutional investors and hedge funds.

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.