Ur-Energy Inc. (NYSEAMERICAN:URG) Director Robby Sai Kit Chang Sells 73,474 Shares of Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director Robby Sai Kit Chang sold 73,474 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $1.38, for a total transaction of $101,394.12. Following the completion of the transaction, the director now directly owns 73,572 shares in the company, valued at $101,529.36. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Robby Sai Kit Chang also recently made the following trade(s):

• On Thursday, June 20th, Robby Sai Kit Chang sold 60,100 shares of Ur-Energy stock. The shares were sold at an average price of $1.47, for a total value of $88,347.00.

Ur-Energy Trading Down 6.6 %

URG stock opened at $1.28 on Wednesday. Ur-Energy Inc. has a one year low of $0.91 and a one year high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted 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 net margin of 173.40% and a negative return on equity of 61.67%. As a group, equities analysts expect that Ur-Energy Inc. will post -0.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on URG. Roth Mkm dropped their target price on Ur-Energy from $2.20 to $2.10 and set a “buy” rating for the company in a report on Thursday, May 9th. HC Wainwright lowered their price target on shares of 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 investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $2.80.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of URG. Azarias Capital Management L.P. grew its stake in shares of Ur-Energy by 13.2% in the fourth quarter. Azarias Capital Management L.P. now owns 14,419,099 shares of the basic materials company’s stock valued at $22,205,000 after buying an additional 1,686,286 shares in the last quarter. Citigroup Inc. boosted its holdings in Ur-Energy by 707,496.3% during the 3rd quarter. Citigroup Inc. now owns 566,077 shares of the basic materials company’s stock valued at $863,000 after acquiring an additional 565,997 shares during the period. Jump Financial LLC purchased a new position in Ur-Energy during the 4th quarter valued at about $109,000. Alps Advisors Inc. grew its position in Ur-Energy by 20.5% in the 3rd quarter. Alps Advisors Inc. now owns 18,349,308 shares of the basic materials company’s stock valued at $28,258,000 after acquiring an additional 3,118,647 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Ur-Energy by 8.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,514,392 shares of the basic materials company’s stock worth $23,892,000 after purchasing an additional 1,260,419 shares during the period. Institutional investors and hedge funds own 57.51% of the company’s stock.

About Ur-Energy

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.