Zacks: Ur-Energy Inc. (URG) Given $1.68 Consensus Target Price by Brokerages
Ur-Energy Inc. (NYSE:URG) has earned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus price target of $1.68 for the company, according to Zacks. Zacks has also assigned Ur-Energy an industry rank of 230 out of 265 based on the ratings given to related companies.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Ur-Energy from a “buy” rating to a “hold” rating in a report on Thursday. Roth Capital set a $2.00 price target on shares of Ur-Energy and gave the company a “buy” rating in a report on Tuesday, August 1st. ValuEngine downgraded shares of Ur-Energy from a “buy” rating to a “hold” rating in a report on Saturday, June 3rd. Finally, TheStreet upgraded shares of Ur-Energy from a “d” rating to a “c” rating in a report on Tuesday, May 30th.
Ur-Energy (NYSE:URG) traded down 0.4560% during mid-day trading on Monday, hitting $0.6112. 173,904 shares of the stock were exchanged. The company has a market cap of $89.16 million and a P/E ratio of 11.3185. The company has a 50-day moving average price of $0.62 and a 200-day moving average price of $0.66. Ur-Energy has a one year low of $0.41 and a one year high of $0.91.
Ur-Energy (NYSE:URG) last announced its quarterly earnings results on Friday, July 28th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.01. The business had revenue of $11.82 million during the quarter, compared to the consensus estimate of $12.10 million. Ur-Energy had a net margin of 34.99% and a return on equity of 52.46%. Analysts forecast that Ur-Energy will post $0.04 earnings per share for the current fiscal year.
TRADEMARK VIOLATION WARNING: This report was reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/08/07/zacks-ur-energy-inc-urg-given-1-68-consensus-target-price-by-brokerages.html.
Ur-Energy Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Ur-Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ur-Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.