Ur-Energy Inc. (TSE:URE – Get Free Report) (NYSE:URG)’s share price reached a new 52-week low during mid-day trading on Monday. The stock traded as low as C$1.59 and last traded at C$1.60, with a volume of 175986 shares changing hands. The stock had previously closed at C$1.60.
Wall Street Analysts Forecast Growth
Separately, Royal Bank Of Canada raised shares of Ur-Energy to a “moderate buy” rating in a research report on Monday, July 13th. Three investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.
Check Out Our Latest Research Report on URE
Ur-Energy Price Performance
Insider Activity
In other news, insider Jade Walle acquired 96,030 shares of Ur-Energy stock in a transaction dated Thursday, September 24th. The stock was purchased at an average cost of C$1.58 per share, for a total transaction of C$151,727.40. Following the completion of the purchase, the insider directly owned 423,511 shares in the company, valued at C$669,147.38. This trade represents a 29.32% increase in their position. Over the last 90 days, insiders acquired 172,137 shares of company stock valued at $287,848. 1.34% of the stock is owned by corporate insiders.
Ur-Energy Company Profile
Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.
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