Ur-Energy Inc. (URG) Short Interest Update

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) saw a large increase in short interest in the month of January. As of January 12th, there was short interest totalling 3,876,205 shares, an increase of 0.9% from the December 29th total of 3,842,207 shares. Approximately 2.9% of the company’s stock are sold short. Based on an average trading volume of 552,194 shares, the short-interest ratio is currently 7.0 days.

Several research analysts have issued reports on the stock. Zacks Investment Research cut shares of Ur-Energy from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. HC Wainwright reaffirmed a “buy” rating and issued a $1.75 target price on shares of Ur-Energy in a report on Monday, October 16th. Roth Capital set a $2.00 target price on shares of Ur-Energy and gave the stock a “buy” rating in a report on Monday, October 16th. B. Riley reaffirmed a “buy” rating on shares of Ur-Energy in a report on Monday, November 6th. Finally, ValuEngine cut shares of Ur-Energy from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $1.38.

In other Ur-Energy news, insider Jeffrey T. Klenda sold 100,000 shares of Ur-Energy stock in a transaction dated Wednesday, January 24th. The shares were sold at an average price of $0.71, for a total value of $71,000.00. Following the completion of the transaction, the insider now directly owns 2,692,981 shares of the company’s stock, valued at $1,912,016.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul Macdonell sold 68,763 shares of Ur-Energy stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $0.69, for a total transaction of $47,446.47. The disclosure for this sale can be found here.

Shares of Ur-Energy (NYSEAMERICAN:URG) opened at $0.70 on Friday. Ur-Energy has a 12 month low of $0.50 and a 12 month high of $0.91. The company has a market cap of $99.80, a P/E ratio of 35.00 and a beta of 0.95.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its quarterly earnings results on Friday, October 27th. The basic materials company reported ($0.02) EPS for the quarter. Ur-Energy had a negative return on equity of 27.83% and a negative net margin of 25.68%.

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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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