Vident Advisory LLC Sells 253,944 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG)

Vident Advisory LLC lessened its stake in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 4,104,379 shares of the basic materials company’s stock after selling 253,944 shares during the period. Vident Advisory LLC’s holdings in Ur-Energy were worth $4,720,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Cibc World Markets Corp bought a new stake in Ur-Energy in the 4th quarter worth approximately $38,000. Tower Research Capital LLC TRC boosted its stake in shares of Ur-Energy by 178.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 34,940 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 22,395 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of Ur-Energy by 37.4% during the 4th quarter. Ameritas Investment Partners Inc. now owns 37,006 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 10,065 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in shares of Ur-Energy during the 4th quarter worth $54,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Ur-Energy during the 4th quarter worth $57,000. Institutional investors own 57.51% of the company’s stock.

Ur-Energy Stock Performance

Shares of NYSEAMERICAN URG opened at $0.70 on Wednesday. The company has a market cap of $256.62 million, a P/E ratio of -5.42 and a beta of 1.10. The firm’s fifty day moving average is $0.72 and its two-hundred day moving average is $1.02. Ur-Energy Inc. has a 52-week low of $0.55 and a 52-week high of $1.87.

Analysts Set New Price Targets

A number of research analysts recently weighed in on URG shares. HC Wainwright restated a “buy” rating and set a $2.70 target price on shares of Ur-Energy in a research note on Tuesday, April 15th. Alliance Global Partners restated a “buy” rating on shares of Ur-Energy in a research note on Tuesday, April 15th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $2.30.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.