Quantbot Technologies LP Invests $159,000 in Ur-Energy Inc. (NYSEAMERICAN:URG)

Quantbot Technologies LP purchased a new stake in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 138,265 shares of the basic materials company’s stock, valued at approximately $159,000.

A number of other institutional investors have also recently bought and sold shares of URG. FMR LLC boosted its position in shares of Ur-Energy by 1,864.0% in the third quarter. FMR LLC now owns 29,519 shares of the basic materials company’s stock worth $35,000 after buying an additional 28,016 shares during the period. Cibc World Markets Corp purchased a new stake in Ur-Energy in the 4th quarter worth about $38,000. Brave Asset Management Inc. acquired a new stake in Ur-Energy during the 4th quarter worth about $41,000. Intech Investment Management LLC purchased a new position in Ur-Energy during the 3rd quarter valued at about $73,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Ur-Energy by 22.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 147,268 shares of the basic materials company’s stock valued at $175,000 after purchasing an additional 26,531 shares during the period. Hedge funds and other institutional investors own 57.51% of the company’s stock.

Analyst Ratings Changes

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

Ur-Energy Price Performance

URG opened at $0.66 on Monday. The stock has a market cap of $239.54 million, a P/E ratio of -5.06 and a beta of 1.10. Ur-Energy Inc. has a fifty-two week low of $0.65 and a fifty-two week high of $1.90. The business’s 50-day moving average price is $0.98.

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.