Jane Street Group LLC raised its stake in shares of Ur-Energy Inc. (NYSEAMERICAN:URG – Free Report) (TSE:URE) by 128.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 333,488 shares of the basic materials company’s stock after buying an additional 187,496 shares during the period. Jane Street Group LLC owned about 0.09% of Ur-Energy worth $397,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in Ur-Energy during the second quarter valued at about $1,099,000. Principal Financial Group Inc. bought a new stake in Ur-Energy during the second quarter worth approximately $51,000. Rhumbline Advisers bought a new position in Ur-Energy during the second quarter valued at $465,000. Goehring & Rozencwajg Associates LLC boosted its position in shares of Ur-Energy by 21.5% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 2,931,546 shares of the basic materials company’s stock valued at $4,104,000 after buying an additional 517,800 shares during the period. Finally, Xponance Inc. bought a new stake in shares of Ur-Energy during the second quarter worth $25,000. 57.51% of the stock is owned by institutional investors.
Ur-Energy Stock Performance
Ur-Energy stock opened at $1.14 on Wednesday. Ur-Energy Inc. has a 1 year low of $0.96 and a 1 year high of $2.01. The firm has a market capitalization of $415.07 million, a P/E ratio of -8.77 and a beta of 1.11.
Analyst Upgrades and Downgrades
Separately, Roth Mkm reiterated a “buy” rating and set a $2.20 price objective (up from $1.90) on shares of Ur-Energy in a research note on Wednesday, October 23rd.
View Our Latest Stock Report on Ur-Energy
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.
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