Ur-Energy (TSE:URE) Upgraded at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Ur-Energy (TSE:URE) (NYSE:URG) to a strong-buy rating in a report published on Thursday morning,Zacks.com reports.

Ur-Energy Stock Performance

Shares of URE opened at C$2.11 on Thursday. The firm has a market cap of C$838.36 million, a price-to-earnings ratio of -10.55, a PEG ratio of -0.81 and a beta of 0.05. The company has a debt-to-equity ratio of 88.08, a quick ratio of 4.64 and a current ratio of 5.44. Ur-Energy has a fifty-two week low of C$0.78 and a fifty-two week high of C$3.30. The firm has a 50 day moving average price of C$2.17 and a 200-day moving average price of C$2.15.

Ur-Energy (TSE:URE) (NYSE:URG) last released its earnings results on Tuesday, March 10th. The company reported C($0.05) EPS for the quarter. The business had revenue of C$13.98 million for the quarter. Ur-Energy had a negative net margin of 275.29% and a negative return on equity of 76.17%. As a group, equities research analysts forecast that Ur-Energy will post 0.0273858 earnings per share for the current year.

About Ur-Energy

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.