Steven Hatten Sells 81,576 Shares of Ur Energy (NYSEAMERICAN:URG) Stock

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) COO Steven Hatten sold 81,576 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $1.39, for a total value of $113,390.64. Following the completion of the transaction, the chief operating officer directly owned 345,764 shares in the company, valued at approximately $480,611.96. This represents a 19.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Ur Energy Price Performance

NYSEAMERICAN URG opened at $1.48 on Wednesday. The company has a market capitalization of $588.14 million, a PE ratio of -6.73 and a beta of 0.95. The company has a debt-to-equity ratio of 1.02, a quick ratio of 3.25 and a current ratio of 4.00. The business’s fifty day moving average is $1.34 and its 200 day moving average is $1.52. Ur Energy Inc has a fifty-two week low of $1.12 and a fifty-two week high of $2.35.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). Ur Energy had a negative return on equity of 110.84% and a negative net margin of 252.75%.The company had revenue of $14.37 million during the quarter, compared to analysts’ expectations of $14.36 million. Sell-side analysts predict that Ur Energy Inc will post -0.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

URG has been the topic of a number of recent analyst reports. Roth Capital restated a “buy” rating and set a $2.00 target price on shares of Ur Energy in a research note on Tuesday, May 12th. B. Riley Financial upgraded shares of Ur Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Northland Securities set a $2.35 price objective on shares of Ur Energy in a research note on Tuesday, May 12th. HC Wainwright decreased their price objective on shares of Ur Energy from $2.30 to $2.20 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Finally, Royal Bank Of Canada lowered their target price on shares of Ur Energy from $1.75 to $1.60 and set an “outperform” rating on the stock in a research note on Monday, August 17th. Two research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat.com, Ur Energy presently has an average rating of “Buy” and an average target price of $2.32.

Institutional Trading of Ur Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in URG. AXQ Capital LP purchased a new stake in Ur Energy during the 2nd quarter valued at approximately $31,000. Van ECK Associates Corp purchased a new position in shares of Ur Energy in the second quarter worth $31,875,000. Bank of America Corp DE purchased a new position in shares of Ur Energy in the second quarter worth $757,000. Legal & General Group Plc bought a new position in shares of Ur Energy during the second quarter worth $50,000. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Ur Energy during the second quarter worth $22,602,000. Institutional investors own 57.51% of the company’s stock.

Ur Energy News Roundup

Here are the key news stories impacting Ur Energy this week:

• Positive Sentiment: Analyst sentiment remains favorable. URG carries a consensus “Buy” rating, with a reported average price target of $2.32 versus recent trading levels. Royal Bank of Canada, HC Wainwright and Roth Capital maintain positive ratings, although RBC and HC Wainwright recently lowered their targets to $1.60 and $2.20, respectively.
• Positive Sentiment: Institutional ownership provides a supportive signal. Alps Advisors increased its position, while BlackRock, VanEck Associates and Manufacturers Life Insurance initiated new positions during the reported periods. Hedge funds and other institutions collectively own approximately 57.5% of Ur-Energy’s shares. Institutional ownership report
• Positive Sentiment: General Counsel David A. Ritchie bought 10,000 shares at approximately $1.42, establishing a new position. The purchase is a modest positive signal, though it is considerably smaller than the reported insider sales.
• Neutral Sentiment: Ur-Energy’s latest quarterly revenue was essentially in line with estimates at $14.37 million, but the company reported a $0.04-per-share loss, missing the consensus loss estimate of $0.03. Analysts expect a full-year loss of approximately $0.16 per share, underscoring that the uranium producer remains unprofitable.
• Negative Sentiment: CFO Roger L. Smith sold 103,536 shares for about $148,000, reducing his holdings by 13.7%. Directors Robby Sai Kit Chang and John Cash sold 75,588 and 77,751 shares, respectively, reducing their ownership by 43.9% and 10.1%.
• Negative Sentiment: Additional selling included 72,838 shares by Director Kathy Walker and 81,576 shares by COO Steven M. Hatten. Collectively, the recent transactions represent meaningful insider selling and may create near-term selling pressure, although such trades do not necessarily indicate a change in the company’s long-term outlook. Ur-Energy insider trading report

Ur Energy Company Profile

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.