MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $16.48 Million Holdings in Ur Energy Inc $URG

by · The Markets Daily

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Ur Energy Inc (NYSEAMERICAN:URG – Free Report) (TSE:URE) by 22.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,265,195 shares of the basic materials company’s stock after buying an additional 4,372,738 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.07% of Ur Energy worth $16,477,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in URG. CenterBook Partners LP lifted its position in shares of Ur Energy by 206.0% in the first quarter. CenterBook Partners LP now owns 12,172,000 shares of the basic materials company’s stock worth $8,205,000 after buying an additional 8,194,631 shares during the last quarter. Alps Advisors Inc. lifted its position in shares of Ur Energy by 21.9% in the first quarter. Alps Advisors Inc. now owns 40,898,293 shares of the basic materials company’s stock worth $27,570,000 after buying an additional 7,341,627 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Ur Energy in the first quarter worth about $539,000. Vident Advisory LLC lifted its position in shares of Ur Energy by 19.4% in the first quarter. Vident Advisory LLC now owns 4,902,117 shares of the basic materials company’s stock worth $3,284,000 after buying an additional 797,738 shares during the last quarter. Finally, Tejara Capital Ltd acquired a new stake in shares of Ur Energy in the first quarter worth about $505,000. Institutional investors and hedge funds own 57.51% of the company’s stock.

Insider Transactions at Ur Energy

In related news, COO Steven M. Hatten sold 198,618 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $1.34, for a total transaction of $266,148.12. Following the transaction, the chief operating officer directly owned 324,775 shares in the company, valued at $435,198.50. The trade was a 37.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.29% of the stock is owned by corporate insiders.

Ur Energy Price Performance

NYSEAMERICAN URG opened at $1.45 on Tuesday. Ur Energy Inc has a twelve month low of $0.55 and a twelve month high of $1.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 3.36. The stock has a market capitalization of $529.00 million, a PE ratio of -8.53 and a beta of 0.98. The stock has a 50-day simple moving average of $1.27 and a 200 day simple moving average of $0.97.

Analyst Ratings Changes

Several equities analysts recently weighed in on URG shares. Maxim Group started coverage on Ur Energy in a research report on Friday, July 25th. They set a “buy” rating and a $3.00 price objective for the company. B. Riley started coverage on Ur Energy in a research report on Wednesday, July 23rd. They set a “buy” rating and a $2.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $2.48.

Check Out Our Latest Analysis on URG

Ur Energy Profile

(Free Report)

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.

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