Ur-Energy CFO Roger L. Smith Unloads 57,321 Shares (URG)
Ur-Energy (NYSE:URG) CFO Roger L. Smith unloaded 57,321 shares of Ur-Energy stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $1.08, for a total value of $61,906.68. Following the sale, the chief financial officer now directly owns 105,115 shares in the company, valued at approximately $113,524. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Ur-Energy (NYSE:URG) traded down 2.75% during mid-day trading on Thursday, hitting $1.06. 551,389 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 $136.5 million. Ur-Energy also was the recipient of a significant increase in short interest during the month of 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. Based on an average daily trading volume, of 566,227 shares, the short-interest ratio is presently 9.1 days. Currently, 4.5% of the shares of the stock are short sold.
Ur-Energy (NYSE:URG) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.01). Analysts expect that Ur-Energy will post $-0.05 EPS for the current fiscal year.
A number of research firms have recently commented on URG. 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 investment analysts have rated the stock with a buy rating, Ur-Energy has a consensus rating of “Buy” and a consensus price target of $2.00.
Ur-Energy Inc (NYSE:URG) is an exploration-stage junior mining company.
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