Ur-Energy Inc. (URG) Short Interest Down 6.4% in January

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 3,629,358 shares, a decrease of 6.4% from the January 12th total of 3,876,205 shares. Based on an average trading volume of 396,590 shares, the short-interest ratio is presently 9.2 days. Currently, 2.7% of the company’s stock are sold short.

In other Ur-Energy news, insider Jeffrey T. Klenda sold 100,000 shares of the company’s 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 sale, the insider now directly owns 2,692,981 shares of the company’s stock, valued at approximately $1,912,016.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul Macdonell sold 68,763 shares of the company’s 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.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Global X Management Co. LLC bought a new position in Ur-Energy in the 4th quarter worth approximately $14,089,000. Commerzbank Aktiengesellschaft FI bought a new position in Ur-Energy in the 4th quarter worth approximately $833,000. Finally, Verity Asset Management Inc. bought a new position in Ur-Energy in the 4th quarter worth approximately $129,000.

A number of research analysts have recently weighed in on URG shares. Roth Capital set a $2.00 target price on shares of Ur-Energy and gave the company a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research downgraded shares of Ur-Energy from a “hold” rating to a “sell” rating in a research report on Friday, January 12th. ValuEngine downgraded shares of Ur-Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. B. Riley reissued a “buy” rating on shares of Ur-Energy in a research report on Monday, November 6th. Finally, HC Wainwright set a $2.00 target price on shares of Ur-Energy and gave the company a “buy” rating in a research report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $1.38.

Ur-Energy (NYSEAMERICAN URG) traded down $0.01 during trading on Friday, hitting $0.66. 314,541 shares of the stock were exchanged, compared to its average volume of 428,148. The company has a market cap of $98.96, a P/E ratio of 33.50 and a beta of 0.88. Ur-Energy has a 1 year low of $0.50 and a 1 year high of $0.91.

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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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