Roth Capital Reiterates $2.00 Price Target for Ur-Energy Inc. (URG)
Ur-Energy Inc. (NYSEMKT:URG) has been given a $2.00 price objective by investment analysts at Roth Capital in a note issued to investors on Monday. The brokerage currently has a a “buy” rating on the stock. Roth Capital’s price objective points to a potential upside of 310.93% from the stock’s current price.
A number of other brokerages also recently issued reports on URG. Zacks Investment Research raised shares of Ur-Energy from a “hold” rating to a “buy” rating and set a $0.75 price target on the stock in a report on Wednesday, July 13th. FBR & Co initiated coverage on shares of Ur-Energy in a report on Friday, September 2nd. They issued an “outperform” rating and a $1.00 price target on the stock. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $1.38.
Ur-Energy (NYSEMKT:URG) traded down 0.760% during midday trading on Monday, reaching $0.483. 71,935 shares of the company traded hands. Ur-Energy has a one year low of $0.44 and a one year high of $0.73. The stock’s 50 day moving average is $0.51 and its 200 day moving average is $0.54. The company’s market capitalization is $69.36 million.
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Ur-Energy (NYSEMKT:URG) last announced its quarterly earnings results on Friday, July 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, equities analysts anticipate that Ur-Energy will post ($0.02) earnings per share for the current year.
Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.
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