Ur-Energy’s (URG) Hold Rating Reaffirmed at Zacks Investment Research
Ur-Energy (NYSEAMERICAN:URG) (TSE:URE)‘s stock had its “hold” rating reaffirmed by Zacks Investment Research in a note issued to investors on Saturday.
According to Zacks, “Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. They have produced, packaged and shipped more than two million pounds from Lost Creek since the commencement of operations. Applications are under review by various agencies to incorporate their LC East project area into the Lost Creek permits, and they have begun to submit applications for permits and licenses to construct and operate at their Shirley Basin Project. Ur-Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. “
Other research analysts have also recently issued research reports about the company. Roth Capital set a $2.00 target price on Ur-Energy and gave the company a “buy” rating in a research report on Monday, October 30th. HC Wainwright set a $2.00 target price on Ur-Energy and gave the company a “buy” rating in a research report on Monday, October 30th. ValuEngine raised Ur-Energy from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, B. Riley reissued a “buy” rating on shares of Ur-Energy in a research report on Monday, November 6th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Ur-Energy presently has an average rating of “Buy” and an average price target of $1.38.
In other Ur-Energy news, Director Paul Macdonell sold 68,763 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $0.69, for a total value of $47,446.47. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
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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