Insider Selling: Wayne W. Heili Sells 85,100 Shares of Ur-Energy Stock (URG)
Ur-Energy (NYSE:URG) CEO Wayne W. Heili unloaded 85,100 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $1.07, for a total value of $91,057.00. Following the completion of the sale, the chief executive officer now directly owns 208,778 shares in the company, valued at approximately $223,392. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. 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, The company presently has an average rating of “Buy” and a consensus price target of $2.00.
Ur-Energy (NYSE:URG) traded up 0.94% during mid-day trading on Friday, hitting $1.07. The stock had a trading volume of 418,142 shares. 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 growth in short interest in August. As of August 15th, there was short interest totalling 5,160,331 shares, a growth of 0.2% from the July 31st total of 5,168,594 shares. Approximately 4.5% of the company’s shares are short sold. Based on an average trading volume of 566,227 shares, the days-to-cover ratio is presently 9.1 days.
Ur-Energy (NYSE:URG) last issued its quarterly earnings data 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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