Ur-Energy Director W. William Boberg Unloads 97,143 Shares (URG)
Ur-Energy (NYSE:URG) Director W. William Boberg unloaded 97,143 shares of the company’s stock on the open market in a transaction dated Monday, August 25th. The stock was sold at an average price of $1.06, for a total transaction of $102,971.58. Following the completion of the sale, the director now directly owns 650,982 shares of the company’s stock, valued at approximately $690,041. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
URG has been the subject of a number of recent research reports. Analysts at Haywood Securities upgraded shares of Ur-Energy to a “buy” rating in a research note on Friday, August 8th. Separately, analysts at Laurentian cut their price target on shares of Ur-Energy from C$2.00 to C$1.80 in a research note on Tuesday, July 29th. They now have a “buy” rating on the stock. Finally, analysts at Raymond James cut their price target on shares of Ur-Energy from C$2.00 to C$1.80 in a research note on Thursday, June 19th. They now have an “outperform” rating on the stock. Six analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of $2.00.
Shares of Ur-Energy (NYSE:URG) remained flat at $1.07 during trading on Tuesday. 412,186 shares of the company’s stock traded hands. Ur-Energy has a 52-week low of $0.96 and a 52-week high of $1.99. The stock’s 50-day moving average is $1.12 and its 200-day moving average is $1.29. The company’s market cap is $137.8 million. Ur-Energy also saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 5,160,331 shares, an increase of 0.2% from the July 31st total of 5,168,594 shares. Currently, 4.5% of the company’s stock are short sold. Based on an average daily volume of 566,227 shares, the short-interest ratio is presently 9.1 days.
Ur-Energy (NYSE:URG) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.01) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.01). Analysts expect that Ur-Energy will post $-0.05 EPS for the current fiscal year.
Ur-Energy Inc (NYSE:URG) is an exploration-stage junior mining company.
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