Ur-Energy (TSE:URE) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Ur-Energy Inc. (TSE:URE) (NYSE:URG)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$2.29 and traded as high as C$2.30. Ur-Energy shares last traded at C$2.15, with a volume of 366,760 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. B. Riley Financial raised Ur-Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Canaccord Genuity Group upgraded Ur-Energy to a “strong-buy” rating in a research report on Thursday, April 2nd. Four investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Ur-Energy Stock Down 5.7%

The company’s 50 day moving average is C$2.29 and its 200 day moving average is C$2.17. The company has a market cap of C$854.26 million, a PE ratio of -8.96, a P/E/G ratio of -0.81 and a beta of 0.32. The company has a current ratio of 4.44, a quick ratio of 4.64 and a debt-to-equity ratio of 83.56.

Ur-Energy (TSE:URE) (NYSE:URG) last issued its earnings results on Friday, May 8th. The company reported C($0.10) EPS for the quarter. Ur-Energy had a negative return on equity of 105.08% and a negative net margin of 297.81%.The company had revenue of C$5.43 million during the quarter. As a group, analysts predict that Ur-Energy Inc. will post 0.0273858 earnings per share for the current fiscal year.

About Ur-Energy

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.