SG Americas Securities LLC Buys New Holdings in Ur-Energy Inc. (NYSEAMERICAN:URG)

SG Americas Securities LLC purchased a new position in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 160,134 shares of the basic materials company’s stock, valued at approximately $191,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cannon Global Investment Management LLC bought a new stake in Ur-Energy during the 1st quarter valued at $224,000. Azarias Capital Management L.P. increased its position in shares of Ur-Energy by 1.1% during the first quarter. Azarias Capital Management L.P. now owns 14,584,181 shares of the basic materials company’s stock worth $23,335,000 after acquiring an additional 165,082 shares in the last quarter. Anthracite Investment Company Inc. acquired a new stake in shares of Ur-Energy in the 1st quarter worth about $348,000. Vident Advisory LLC lifted its position in Ur-Energy by 10.1% in the 1st quarter. Vident Advisory LLC now owns 2,625,640 shares of the basic materials company’s stock valued at $4,201,000 after acquiring an additional 241,036 shares in the last quarter. Finally, Toronto Dominion Bank increased its holdings in Ur-Energy by 153,746.2% during the 1st quarter. Toronto Dominion Bank now owns 500,000 shares of the basic materials company’s stock worth $800,000 after purchasing an additional 499,675 shares in the last quarter. Institutional investors own 57.51% of the company’s stock.

Ur-Energy Stock Down 2.3 %

URG stock opened at $1.26 on Thursday. Ur-Energy Inc. has a twelve month low of $0.96 and a twelve month high of $2.01. The stock has a market cap of $456.46 million, a price-to-earnings ratio of -7.00 and a beta of 1.12.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly 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 firm had revenue of $4.65 million during the quarter, compared to the consensus estimate of $4.60 million. Sell-side analysts expect that Ur-Energy Inc. will post -0.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

URG has been the subject of several recent analyst reports. Ventum Cap Mkts upgraded shares of Ur-Energy to a “strong-buy” rating in a research note on Monday, July 8th. B. Riley cut their target price on Ur-Energy from $3.00 to $2.00 and set a “buy” rating on the stock in a research note on Tuesday, August 20th. Roth Mkm reaffirmed a “buy” rating and set a $2.20 price target (up from $1.90) on shares of Ur-Energy in a research report on Wednesday. Finally, HC Wainwright cut their price objective on Ur-Energy from $3.20 to $2.70 and set a “buy” rating on the stock in a research report on Wednesday, August 14th. One research 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $2.30.

Insider Transactions at Ur-Energy

In related news, CFO Roger L. Smith sold 228,119 shares of the stock in a transaction on Friday, September 20th. The stock was sold at an average price of $1.20, for a total value of $273,742.80. Following the transaction, the chief financial officer now owns 613,061 shares of the company’s stock, valued at $735,673.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Ur-Energy news, CFO Roger L. Smith sold 228,119 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $1.20, for a total value of $273,742.80. Following the completion of the sale, the chief financial officer now owns 613,061 shares of the company’s stock, valued at $735,673.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary C. Huber sold 97,628 shares of Ur-Energy stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $1.23, for a total transaction of $120,082.44. Following the transaction, the director now directly owns 404,869 shares in the company, valued at $497,988.87. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 605,480 shares of company stock valued at $726,708 in the last quarter. Insiders own 3.29% 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.