Ur-Energy Inc. (NYSEAMERICAN:URG) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its position in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 111.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 337,968 shares of the basic materials company’s stock after acquiring an additional 177,834 shares during the quarter. SG Americas Securities LLC owned approximately 0.09% of Ur-Energy worth $389,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company purchased a new stake in Ur-Energy during the second quarter worth approximately $150,000. Ballentine Partners LLC increased its holdings in shares of Ur-Energy by 235.6% in the third quarter. Ballentine Partners LLC now owns 68,266 shares of the basic materials company’s stock valued at $81,000 after purchasing an additional 47,922 shares during the period. Verity Asset Management Inc. increased its holdings in shares of Ur-Energy by 21.8% in the third quarter. Verity Asset Management Inc. now owns 261,074 shares of the basic materials company’s stock valued at $311,000 after purchasing an additional 46,698 shares during the period. Fourth Sail Capital LP acquired a new position in shares of Ur-Energy in the third quarter valued at approximately $20,840,000. Finally, Intech Investment Management LLC acquired a new position in shares of Ur-Energy in the third quarter valued at approximately $73,000. 57.51% of the stock is owned by institutional investors and hedge funds.

Ur-Energy Stock Down 1.0 %

Shares of URG opened at $1.04 on Tuesday. The company has a market capitalization of $378.66 million, a PE ratio of -8.00 and a beta of 1.11. Ur-Energy Inc. has a 52 week low of $0.96 and a 52 week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its earnings results on Wednesday, November 6th. The basic materials company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The business had revenue of $6.40 million for the quarter, compared to the consensus estimate of $9.67 million. Equities analysts expect that Ur-Energy Inc. will post -0.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reissued a “buy” rating and issued a $2.20 target price (up previously from $1.90) on shares of Ur-Energy in a report on Wednesday, October 23rd.

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.