Ur-Energy (TSE:URE) Stock Price Up 4.1% – Time to Buy?

Shares of Ur-Energy Inc. (TSE:URE) (NYSE:URG) rose 4.1% during trading on Tuesday . The stock traded as high as C$1.78 and last traded at C$1.78. Approximately 42,868 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 137,429 shares. The stock had previously closed at C$1.71.

Ur-Energy Price Performance

The company has a fifty day simple moving average of C$1.74 and a two-hundred day simple moving average of C$1.75. The company has a market capitalization of C$644.84 million, a price-to-earnings ratio of -7.42, a P/E/G ratio of -0.81 and a beta of 1.10. The company has a debt-to-equity ratio of 1.13, a quick ratio of 4.64 and a current ratio of 15.67.

Insiders Place Their Bets

In other news, Director Gary Chase Huber sold 97,628 shares of the stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of C$1.65, for a total value of C$161,310.74. Also, Senior Officer Penne Ann Goplerud sold 100,000 shares of the company’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of C$1.61, for a total transaction of C$160,530.00. Insiders have sold a total of 377,361 shares of company stock valued at $613,008 over the last quarter. Company insiders own 1.34% of the company’s stock.

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.