John Cash Sells 189,303 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) CEO John Cash sold 189,303 shares of Ur Energy stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $1.27, for a total value of $240,414.81. Following the transaction, the chief executive officer owned 660,968 shares in the company, valued at approximately $839,429.36. This represents a 22.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Ur Energy Stock Down 7.6%

Shares of Ur Energy stock opened at $1.21 on Friday. The company has a market capitalization of $454.78 million, a P/E ratio of -7.12 and a beta of 0.96. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.36 and a quick ratio of 2.49. The business has a 50-day moving average of $1.62 and a two-hundred day moving average of $1.26. Ur Energy Inc has a 1 year low of $0.55 and a 1 year high of $2.35.

Analyst Upgrades and Downgrades

Several analysts have commented on URG shares. Northland Capmk upgraded shares of Ur Energy to a “strong-buy” rating in a report on Sunday, October 26th. B. Riley raised their price objective on shares of Ur Energy from $2.00 to $2.50 and gave the stock a “buy” rating in a report on Thursday, September 25th. Roth Capital upped their target price on shares of Ur Energy from $1.60 to $1.80 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. HC Wainwright dropped their price target on Ur Energy from $2.70 to $2.60 and set a “buy” rating on the stock in a research note on Tuesday, November 4th. Finally, Maxim Group initiated coverage on Ur Energy in a report on Friday, July 25th. They issued a “buy” rating and a $3.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. Based on data from MarketBeat, Ur Energy presently has a consensus rating of “Buy” and an average price target of $2.41.

Institutional Investors Weigh In On Ur Energy

Hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Ur Energy by 22.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,265,195 shares of the basic materials company’s stock worth $16,477,000 after buying an additional 4,372,738 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in Ur Energy during the second quarter worth approximately $240,000. Vident Advisory LLC boosted its holdings in shares of Ur Energy by 19.4% during the first quarter. Vident Advisory LLC now owns 4,902,117 shares of the basic materials company’s stock worth $3,284,000 after acquiring an additional 797,738 shares during the period. Nuveen LLC acquired a new position in shares of Ur Energy in the first quarter valued at approximately $539,000. Finally, Wellington Management Group LLP increased its stake in shares of Ur Energy by 51.3% during the first quarter. Wellington Management Group LLP now owns 76,085 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 25,786 shares during the period. Institutional investors and hedge funds own 57.51% of the company’s stock.

Ur Energy Company 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.