Steven M. Hatten Sells 179,733 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) COO Steven M. Hatten sold 179,733 shares of the business’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $1.19, for a total transaction of $213,882.27. Following the transaction, the chief operating officer now owns 303,977 shares of the company’s stock, valued at $361,732.63. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Ur-Energy Trading Down 0.8 %

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

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its quarterly earnings data on Friday, August 9th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03). The firm had revenue of $4.65 million during the quarter, compared to analysts’ expectations of $4.60 million. Ur-Energy had a negative return on equity of 65.47% and a negative net margin of 173.40%. As a group, sell-side analysts anticipate that Ur-Energy Inc. will post -0.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Ventum Cap Mkts upgraded Ur-Energy to a “strong-buy” rating in a research report on Monday, July 8th. HC Wainwright cut their price objective on Ur-Energy from $3.20 to $2.70 and set a “buy” rating for the company in a report on Wednesday, August 14th. Finally, B. Riley decreased their price objective on shares of Ur-Energy from $3.00 to $2.00 and set a “buy” rating on the stock in a research report on Tuesday, August 20th. One investment 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $2.27.

Institutional Trading of Ur-Energy

Several hedge funds and other institutional investors have recently bought and sold shares of URG. Xponance Inc. purchased a new stake in Ur-Energy during the second quarter valued at about $25,000. Principal Financial Group Inc. purchased a new position in shares of Ur-Energy in the second quarter worth about $51,000. Tidal Investments LLC bought a new stake in shares of Ur-Energy in the 1st quarter valued at about $65,000. Jump Financial LLC purchased a new stake in Ur-Energy during the 4th quarter valued at about $109,000. Finally, The Manufacturers Life Insurance Company bought a new position in Ur-Energy during the 2nd quarter worth approximately $150,000. Hedge funds and other institutional investors own 57.51% 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.