Azarias Capital Management L.P. Lowers Position in Ur-Energy Inc. (NYSEAMERICAN:URG)

Azarias Capital Management L.P. lessened its stake in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,949,653 shares of the basic materials company’s stock after selling 322,021 shares during the period. Ur-Energy makes up approximately 10.8% of Azarias Capital Management L.P.’s holdings, making the stock its largest position. Azarias Capital Management L.P. owned about 5.75% of Ur-Energy worth $24,092,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in URG. Verity Asset Management Inc. grew its stake in shares of Ur-Energy by 14.1% during the 4th quarter. Verity Asset Management Inc. now owns 297,896 shares of the basic materials company’s stock valued at $343,000 after purchasing an additional 36,822 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Ur-Energy by 111.1% in the fourth quarter. SG Americas Securities LLC now owns 337,968 shares of the basic materials company’s stock worth $389,000 after buying an additional 177,834 shares during the last quarter. Brave Asset Management Inc. bought a new stake in Ur-Energy during the fourth quarter valued at approximately $41,000. JPMorgan Chase & Co. grew its position in Ur-Energy by 22.0% during the third quarter. JPMorgan Chase & Co. now owns 147,268 shares of the basic materials company’s stock valued at $175,000 after buying an additional 26,531 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Ur-Energy by 21.8% during the third quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company’s stock valued at $4,625,000 after buying an additional 695,487 shares during the last quarter. 57.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on URG shares. Roth Mkm reissued a “buy” rating and set a $2.20 price objective (up previously from $1.90) on shares of Ur-Energy in a research report on Wednesday, October 23rd. HC Wainwright reiterated a “buy” rating and set a $2.70 target price on shares of Ur-Energy in a research report on Tuesday.

Ur-Energy Stock Performance

Shares of NYSEAMERICAN:URG opened at $1.01 on Thursday. Ur-Energy Inc. has a 1-year low of $0.96 and a 1-year high of $1.90.

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.