Charles Schwab Investment Management Inc. Acquires 41,792 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG)

Charles Schwab Investment Management Inc. raised its stake in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 853,212 shares of the basic materials company’s stock after purchasing an additional 41,792 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.23% of Ur-Energy worth $981,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in URG. Bridgewater Associates LP raised its position in shares of Ur-Energy by 8.0% in the 3rd quarter. Bridgewater Associates LP now owns 213,635 shares of the basic materials company’s stock valued at $254,000 after buying an additional 15,841 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Ur-Energy by 22.0% in the third quarter. JPMorgan Chase & Co. now owns 147,268 shares of the basic materials company’s stock valued at $175,000 after buying an additional 26,531 shares during the period. FMR LLC boosted its stake in shares of Ur-Energy by 1,864.0% in the 3rd quarter. FMR LLC now owns 29,519 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 28,016 shares during the last quarter. Brave Asset Management Inc. acquired a new stake in Ur-Energy during the 4th quarter worth about $41,000. Finally, Verity Asset Management Inc. lifted its stake in Ur-Energy by 14.1% in the fourth quarter. Verity Asset Management Inc. now owns 297,896 shares of the basic materials company’s stock valued at $343,000 after buying an additional 36,822 shares during the period. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Ur-Energy Price Performance

URG opened at $0.66 on Monday. The company has a market cap of $239.54 million, a price-to-earnings ratio of -5.06 and a beta of 1.10. The firm’s 50 day simple moving average is $0.98. Ur-Energy Inc. has a one year low of $0.65 and a one year high of $1.90.

Analyst Ratings Changes

Separately, HC Wainwright restated a “buy” rating and issued a $2.70 target price on shares of Ur-Energy in a report on Tuesday, February 11th.

Ur-Energy 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.