Ur-Energy (TSE:URE) Shares Pass Below 200-Day Moving Average – What’s Next?

Shares of Ur-Energy Inc. (TSE:URE) (NYSE:URG) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.69 and traded as low as C$1.62. Ur-Energy shares last traded at C$1.64, with a volume of 13,925 shares trading hands.

Ur-Energy Price Performance

The firm has a market capitalization of C$594.12 million, a P/E ratio of -6.83, a PEG ratio of -0.81 and a beta of 1.10. The firm has a 50-day moving average of C$1.74 and a 200-day moving average of C$1.69. The company has a debt-to-equity ratio of 1.13, a quick ratio of 4.64 and a current ratio of 15.67.

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.