Ur-Energy (TSE:URE) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Ur-Energy Inc. (TSE:URE) (NYSE:URG) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.73 and traded as low as C$1.60. Ur-Energy shares last traded at C$1.61, with a volume of 92,404 shares.

Ur-Energy Stock Down 3.0 %

The firm has a 50 day moving average of C$1.75 and a 200-day moving average of C$1.73. The company has a debt-to-equity ratio of 1.13, a current ratio of 15.67 and a quick ratio of 4.64. The stock has a market capitalization of C$583.25 million, a P/E ratio of -6.71, a price-to-earnings-growth ratio of -0.81 and a beta of 1.10.

Insider Activity

In other news, Senior Officer Steven Marcal Hatten sold 179,733 shares of Ur-Energy stock in a transaction dated Friday, September 20th. The shares were sold at an average price of C$1.62, for a total transaction of C$291,167.46. Also, Senior Officer Penne Ann Goplerud sold 100,000 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of C$1.61, for a total transaction of C$160,530.00. Over the last ninety days, insiders have sold 377,361 shares of company stock worth $613,008. Company insiders own 1.34% of the company’s stock.

About Ur-Energy

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.