Ur-Energy (TSE:URE) Shares Down 13.3%

Shares of Ur-Energy Inc. (TSE:URE) (NYSE:URG) fell 13.3% during trading on Friday . The company traded as low as C$1.47 and last traded at C$1.56. 88,515 shares were traded during trading, a decline of 45% from the average session volume of 161,474 shares. The stock had previously closed at C$1.80.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised Ur-Energy to a “strong-buy” rating in a research note on Monday, July 8th.

Ur-Energy Stock Down 14.4 %

The company has a quick ratio of 4.64, a current ratio of 11.83 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of C$433.71 million, a price-to-earnings ratio of -6.12, a price-to-earnings-growth ratio of -0.81 and a beta of 1.15. The stock has a 50 day moving average price of C$2.07 and a 200 day moving average price of C$2.21.

Ur-Energy (TSE:URE) (NYSE:URG) last issued its quarterly earnings data on Monday, May 6th. The company reported C($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.06). As a group, analysts forecast that Ur-Energy Inc. will post 0.0469672 EPS for the current year.

Insider Transactions at Ur-Energy

In other news, Director Robby Sai Kit Chang sold 60,100 shares of the firm’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of C$2.02, for a total transaction of C$121,402.00. In other Ur-Energy news, Director James Franklin sold 56,305 shares of Ur-Energy stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of C$2.17, for a total value of C$122,300.09. Also, Director Robby Sai Kit Chang sold 60,100 shares of Ur-Energy stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of C$2.02, for a total value of C$121,402.00. Insiders sold 189,879 shares of company stock worth $382,708 over the last ninety days. 1.60% of the stock is owned by insiders.

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.