414,965 Shares in Ur Energy Inc $URG Acquired by Themes Management Co LLC

Themes Management Co LLC bought a new position in Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) in the fourth quarter, Holdings Channel reports. The institutional investor bought 414,965 shares of the basic materials company’s stock, valued at approximately $568,000.

A number of other hedge funds also recently bought and sold shares of URG. Citadel Advisors LLC lifted its position in Ur Energy by 1,111.5% in the 3rd quarter. Citadel Advisors LLC now owns 4,328,546 shares of the basic materials company’s stock worth $7,748,000 after buying an additional 3,971,261 shares during the last quarter. Simcoe Capital LLC bought a new stake in Ur Energy in the 4th quarter worth approximately $2,173,000. Jane Street Group LLC bought a new stake in Ur Energy in the 2nd quarter worth approximately $1,637,000. Susquehanna International Group LLP lifted its position in Ur Energy by 168.5% in the 3rd quarter. Susquehanna International Group LLP now owns 1,950,178 shares of the basic materials company’s stock worth $3,491,000 after buying an additional 1,223,724 shares during the last quarter. Finally, Vident Advisory LLC lifted its position in Ur Energy by 23.8% in the 2nd quarter. Vident Advisory LLC now owns 6,069,908 shares of the basic materials company’s stock worth $6,373,000 after buying an additional 1,167,791 shares during the last quarter. Institutional investors own 57.51% of the company’s stock.

Ur Energy Stock Performance

Shares of URG stock opened at $1.55 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 3.63 and a current ratio of 4.44. Ur Energy Inc has a fifty-two week low of $0.74 and a fifty-two week high of $2.35. The stock has a 50 day moving average price of $1.60 and a two-hundred day moving average price of $1.55. The company has a market capitalization of $615.86 million, a P/E ratio of -6.46 and a beta of 0.92.

Insider Activity

In other Ur Energy news, VP Jade Walle bought 107,900 shares of Ur Energy stock in a transaction dated Wednesday, March 18th. The shares were purchased at an average cost of $1.39 per share, with a total value of $149,981.00. Following the completion of the purchase, the vice president owned 251,900 shares of the company’s stock, valued at approximately $350,141. This represents a 74.93% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Roth Mkm restated a “buy” rating and issued a $2.00 target price on shares of Ur Energy in a research report on Tuesday, May 12th. Northland Securities set a $2.35 target price on Ur Energy in a research report on Tuesday, May 12th. HC Wainwright reiterated a “buy” rating and issued a $2.30 price objective on shares of Ur Energy in a research report on Monday, April 27th. Canaccord Genuity Group initiated coverage on Ur Energy in a research report on Thursday, April 2nd. They issued a “buy” rating and a $3.25 price objective for the company. Finally, B. Riley Financial upgraded Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $2.57.

About Ur Energy

Ur-Energy Inc is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.

The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013.