Penne A. Goplerud Sells 100,000 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) insider Penne A. Goplerud sold 100,000 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $1.19, for a total transaction of $119,000.00. Following the transaction, the insider now owns 412,895 shares of the company’s stock, valued at approximately $491,345.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ur-Energy Price Performance

Shares of URG opened at $1.23 on Thursday. The stock has a market capitalization of $445.59 million, a P/E ratio of -6.47 and a beta of 1.12. Ur-Energy Inc. has a 52-week low of $0.96 and a 52-week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its earnings results on Friday, August 9th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). The firm had revenue of $4.65 million during the quarter, compared to analyst estimates of $4.60 million. Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 65.47%. Equities research analysts expect that Ur-Energy Inc. will post -0.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. HC Wainwright lowered their price target on shares of Ur-Energy from $3.20 to $2.70 and set a “buy” rating for the company in a research report on Wednesday, August 14th. Ventum Cap Mkts upgraded shares of Ur-Energy to a “strong-buy” rating in a research report on Monday, July 8th. Finally, B. Riley lowered their price target on shares of Ur-Energy from $3.00 to $2.00 and set a “buy” rating for the company in a research report on Tuesday, August 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2.27.

Hedge Funds Weigh In On Ur-Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Xponance Inc. acquired a new stake in Ur-Energy in the 2nd quarter valued at about $25,000. Principal Financial Group Inc. bought a new stake in shares of Ur-Energy in the 2nd quarter worth approximately $51,000. Tidal Investments LLC acquired a new stake in Ur-Energy during the first quarter valued at approximately $65,000. Jump Financial LLC bought a new stake in Ur-Energy during the fourth quarter worth approximately $109,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Ur-Energy during the second quarter worth approximately $150,000. Institutional investors own 57.51% of the company’s stock.

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.