Ur-Energy (TSE:URE) Sets New 1-Year Low – Time to Sell?
by Mitch Edgeman · The Markets DailyUr-Energy Inc. (TSE:URE – Get Free Report) (NYSE:URG)’s share price hit a new 52-week low on Monday. The stock traded as low as C$1.59 and last traded at C$1.60, with a volume of 175986 shares. The stock had previously closed at C$1.60.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada upgraded Ur-Energy to a “moderate buy” rating in a research report on Monday, July 13th. Three investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.
View Our Latest Research Report on Ur-Energy
Ur-Energy Stock Performance
The company has a debt-to-equity ratio of 103.29, a current ratio of 4.00 and a quick ratio of 4.64. The company has a market cap of C$636.58 million, a price-to-earnings ratio of -6.96, a PEG ratio of -0.81 and a beta of 0.69. The firm has a 50 day simple moving average of C$1.83 and a 200-day simple moving average of C$2.03.
Insider Transactions at Ur-Energy
In related news, insider Jade Walle bought 96,030 shares of the stock in a transaction on Thursday, September 24th. The stock was bought at an average price of C$1.58 per share, with a total value of C$151,727.40. Following the completion of the purchase, the insider directly owned 423,511 shares in the company, valued at C$669,147.38. This represents a 29.32% increase in their position. In the last 90 days, insiders have bought 172,137 shares of company stock valued at $287,848. 1.34% of the stock is currently owned by insiders.
About Ur-Energy
Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.