Steven M. Hatten Sells 179,733 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) COO Steven M. Hatten sold 179,733 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $1.19, for a total value of $213,882.27. Following the sale, the chief operating officer now owns 303,977 shares of the company’s stock, valued at approximately $361,732.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ur-Energy Trading Up 1.7 %

Shares of URG stock traded up $0.02 during trading hours on Monday, hitting $1.20. The stock had a trading volume of 6,049,688 shares, compared to its average volume of 3,542,173. The company has a market capitalization of $434.72 million, a P/E 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 quarterly earnings data on Friday, August 9th. The basic materials company reported ($0.03) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.03). The firm 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 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in URG. Azarias Capital Management L.P. raised its position in Ur-Energy by 12.2% during the second quarter. Azarias Capital Management L.P. now owns 16,370,204 shares of the basic materials company’s stock worth $22,918,000 after acquiring an additional 1,786,023 shares during the last quarter. Toronto Dominion Bank grew its position in shares of Ur-Energy by 153,746.2% in the first quarter. Toronto Dominion Bank now owns 500,000 shares of the basic materials company’s stock valued at $800,000 after purchasing an additional 499,675 shares during the last quarter. Goehring & Rozencwajg Associates LLC increased its stake in shares of Ur-Energy by 21.5% during the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 2,931,546 shares of the basic materials company’s stock worth $4,104,000 after purchasing an additional 517,800 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Ur-Energy during the 4th quarter worth approximately $109,000. Finally, Bank of New York Mellon Corp purchased a new stake in Ur-Energy in the 2nd quarter valued at approximately $1,099,000. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Ventum Cap Mkts raised Ur-Energy to a “strong-buy” rating in a research report on Monday, July 8th. HC Wainwright decreased their price objective on Ur-Energy from $3.20 to $2.70 and set a “buy” rating for the company in a report on Wednesday, August 14th. Finally, B. Riley decreased their price objective on Ur-Energy from $3.00 to $2.00 and set a “buy” rating for the company in a report on Tuesday, August 20th. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $2.27.

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.