FY2025 EPS Estimates for Ur-Energy Raised by Roth Capital

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) – Analysts at Roth Capital increased their FY2025 earnings per share (EPS) estimates for Ur-Energy in a report issued on Wednesday, October 23rd. Roth Capital analyst J. Reagor now expects that the basic materials company will post earnings per share of ($0.02) for the year, up from their previous forecast of ($0.03). The consensus estimate for Ur-Energy’s current full-year earnings is ($0.09) per share.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings results on Friday, August 9th. The basic materials company reported ($0.03) EPS for the quarter, hitting 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.

A number of other brokerages also recently commented on URG. Roth Mkm reissued a “buy” rating and set a $2.20 price objective (up from $1.90) on shares of Ur-Energy in a research report on Wednesday. B. Riley lowered their target price on shares of Ur-Energy from $3.00 to $2.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. HC Wainwright lowered their price objective on Ur-Energy from $3.20 to $2.70 and set a “buy” rating for the company in a research report on Wednesday, August 14th. Finally, Ventum Cap Mkts raised Ur-Energy to a “strong-buy” rating in a report on Monday, July 8th. One research analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Ur-Energy has an average rating of “Moderate Buy” and a consensus price target of $2.30.

Ur-Energy Trading Down 0.8 %

Ur-Energy stock opened at $1.28 on Friday. Ur-Energy has a 52-week low of $0.96 and a 52-week high of $2.01. The company has a market cap of $463.71 million, a price-to-earnings ratio of -7.11 and a beta of 1.12.

Hedge Funds Weigh In On Ur-Energy

A number of large investors have recently bought and sold shares of URG. Lloyd Harbor Capital Management LLC grew its position in Ur-Energy by 167.4% during the second quarter. Lloyd Harbor Capital Management LLC now owns 8,146,858 shares of the basic materials company’s stock valued at $11,406,000 after acquiring an additional 5,100,000 shares during the period. Azarias Capital Management L.P. grew its holdings in shares of Ur-Energy by 12.2% during the 2nd quarter. Azarias Capital Management L.P. now owns 16,370,204 shares of the basic materials company’s stock worth $22,918,000 after purchasing an additional 1,786,023 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Ur-Energy during the 2nd quarter worth about $1,099,000. Goehring & Rozencwajg Associates LLC increased its position in 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. Finally, Toronto Dominion Bank raised its holdings in 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 buying an additional 499,675 shares during the period. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Insider Transactions at Ur-Energy

In other news, Director Gary C. Huber sold 97,628 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $1.23, for a total value of $120,082.44. Following the completion of the transaction, the director now 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, COO Steven M. Hatten sold 179,733 shares of Ur-Energy stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $1.19, for a total transaction of $213,882.27. Following the completion of the sale, the chief operating officer now directly owns 303,977 shares in the company, valued at $361,732.63. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gary C. Huber sold 97,628 shares of the business’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $1.23, for a total value of $120,082.44. Following the completion of the transaction, the director now owns 404,869 shares of the company’s stock, 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. 3.29% of the stock is currently owned by corporate insiders.

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.