Ur-Energy Inc. (URG) Short Interest Update
Ur-Energy Inc. (NYSE:URG) (TSE:URE) was the target of a large decline in short interest in September. As of September 29th, there was short interest totalling 3,983,099 shares, a decline of 6.9% from the September 15th total of 4,279,185 shares. Currently, 3.0% of the shares of the company are sold short. Based on an average daily trading volume, of 190,356 shares, the short-interest ratio is presently 20.9 days.
Ur-Energy (URG) opened at 0.5598 on Wednesday. Ur-Energy has a 1-year low of $0.41 and a 1-year high of $0.91. The stock has a market capitalization of $81.66 million and a price-to-earnings ratio of 10.3667. The company has a 50-day moving average of $0.58 and a 200-day moving average of $0.60.
Ur-Energy (NYSE:URG) (TSE:URE) last announced its earnings results on Friday, July 28th. The basic materials company reported $0.01 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.01. Ur-Energy had a net margin of 11.13% and a return on equity of 12.02%. The business had revenue of $11.82 million during the quarter, compared to analysts’ expectations of $12.10 million. Analysts anticipate that Ur-Energy will post $0.05 earnings per share for the current fiscal year.
URG has been the subject of a number of recent research reports. Zacks Investment Research lowered shares of Ur-Energy from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Roth Capital set a $2.00 price objective on shares of Ur-Energy and gave the company a “buy” rating in a research note on Tuesday, August 1st. FBR & Co reiterated a “buy” rating and issued a $1.00 price objective on shares of Ur-Energy in a research note on Friday, September 1st. Finally, ValuEngine upgraded shares of Ur-Energy from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. One investment analyst has rated the stock with a sell rating and three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $1.25.
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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.
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