Anthracite Investment Company Inc. Buys Shares of 1,328,680 Ur Energy Inc $URG

Anthracite Investment Company Inc. bought a new stake in Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,328,680 shares of the basic materials company’s stock, valued at approximately $1,395,000.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC increased its holdings in Ur Energy by 35.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 33,937 shares of the basic materials company’s stock valued at $36,000 after buying an additional 8,879 shares during the period. Atria Wealth Solutions Inc. bought a new position in Ur Energy in the 2nd quarter valued at about $38,000. Militia Capital Partners LP bought a new position in Ur Energy in the 1st quarter valued at about $40,000. Ritholtz Wealth Management bought a new stake in shares of Ur Energy during the 2nd quarter valued at approximately $44,000. Finally, Wellington Management Group LLP grew its holdings in shares of Ur Energy by 51.3% during the 1st quarter. Wellington Management Group LLP now owns 76,085 shares of the basic materials company’s stock valued at $51,000 after purchasing an additional 25,786 shares during the last quarter. 57.51% of the stock is owned by institutional investors.

Insider Activity at Ur Energy

In related news, Director Robby Sai Kit Chang sold 213,914 shares of the business’s stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $1.75, for a total transaction of $374,349.50. Following the transaction, the director owned 84,179 shares in the company, valued at $147,313.25. The trade was a 71.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Roger L. Smith sold 252,087 shares of the business’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $1.68, for a total transaction of $423,506.16. Following the transaction, the chief financial officer owned 632,175 shares in the company, valued at $1,062,054. The trade was a 28.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 664,619 shares of company stock worth $1,064,004 in the last quarter. Company insiders own 1.86% of the company’s stock.

Ur Energy Stock Up 3.9%

Shares of NYSEAMERICAN URG opened at $1.60 on Friday. The company has a market capitalization of $587.57 million, a P/E ratio of -9.41 and a beta of 0.96. Ur Energy Inc has a 52-week low of $0.55 and a 52-week high of $2.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 3.36. The company’s 50 day moving average price is $1.59 and its 200-day moving average price is $1.18.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. B. Riley lifted their price target on shares of Ur Energy from $2.00 to $2.50 and gave the company a “buy” rating in a report on Thursday, September 25th. Maxim Group assumed coverage on shares of Ur Energy in a report on Friday, July 25th. They set a “buy” rating and a $3.00 price target on the stock. Finally, Roth Capital lifted their price target on shares of Ur Energy from $1.60 to $1.80 and gave the company a “buy” rating in a report on Tuesday, September 23rd. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $2.50.

Ur Energy Profile

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.