Ur-Energy Inc. (NYSEAMERICAN:URG) Holdings Boosted by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC boosted its holdings in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 21.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,931,546 shares of the basic materials company’s stock after acquiring an additional 517,800 shares during the period. Goehring & Rozencwajg Associates LLC owned about 0.99% of Ur-Energy worth $4,104,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Principal Financial Group Inc. acquired a new position in Ur-Energy in the 2nd quarter worth approximately $51,000. Tidal Investments LLC acquired a new stake in shares of Ur-Energy in the 1st quarter valued at $65,000. Jump Financial LLC acquired a new stake in shares of Ur-Energy in the 4th quarter valued at $109,000. Cannon Global Investment Management LLC acquired a new stake in shares of Ur-Energy in the 1st quarter valued at $224,000. Finally, Anthracite Investment Company Inc. acquired a new stake in shares of Ur-Energy in the 1st quarter valued at $348,000. Institutional investors own 57.51% of the company’s stock.

Insider Buying and Selling

In related news, Director Robby Sai Kit Chang sold 73,474 shares of the firm’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $1.38, for a total transaction of $101,394.12. Following the sale, the director now directly owns 73,572 shares in the company, valued at $101,529.36. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.29% of the stock is currently owned by company insiders.

Ur-Energy Trading Up 3.5 %

URG opened at $1.18 on Thursday. The firm has a market capitalization of $427.48 million, a price-to-earnings ratio of -6.21 and a beta of 1.12. Ur-Energy Inc. has a twelve month low of $0.96 and a twelve month high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its earnings results on Friday, August 9th. The basic materials company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03). The company had revenue of $4.65 million for the quarter, compared to analyst estimates of $4.60 million. Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 65.47%. Research analysts predict that Ur-Energy Inc. will post -0.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on URG shares. Ventum Cap Mkts upgraded shares of Ur-Energy to a “strong-buy” rating in a report on Monday, July 8th. B. Riley dropped their price objective on shares of Ur-Energy from $3.00 to $2.00 and set a “buy” rating on the stock in a report on Tuesday, August 20th. Finally, HC Wainwright lowered their target price on shares of Ur-Energy from $3.20 to $2.70 and set a “buy” rating on the stock in a research note on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Ur-Energy presently has an average rating of “Moderate Buy” and an average target price of $2.27.

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.