Barclays PLC Sells 1,095,965 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG)

Barclays PLC cut its holdings in shares of Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE by 67.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 524,866 shares of the basic materials company's stock after selling 1,095,965 shares during the quarter. Barclays PLC owned approximately 0.14% of Ur-Energy worth $625,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in URG. The Manufacturers Life Insurance Company boosted its position in shares of Ur-Energy by 16,425.3% during the third quarter. The Manufacturers Life Insurance Company now owns 17,650,333 shares of the basic materials company's stock worth $21,004,000 after acquiring an additional 17,543,525 shares during the last quarter. Fourth Sail Capital LP purchased a new stake in Ur-Energy in the 3rd quarter worth $20,840,000. Segra Capital Management LLC boosted its holdings in shares of Ur-Energy by 47.2% during the 3rd quarter. Segra Capital Management LLC now owns 20,945,798 shares of the basic materials company's stock valued at $25,067,000 after purchasing an additional 6,718,094 shares during the last quarter. Lloyd Harbor Capital Management LLC grew its position in shares of Ur-Energy by 167.4% during the second quarter. Lloyd Harbor Capital Management LLC now owns 8,146,858 shares of the basic materials company's stock valued at $11,406,000 after purchasing an additional 5,100,000 shares in the last quarter. Finally, Mirabella Financial Services LLP bought a new stake in shares of Ur-Energy in the third quarter worth about $3,209,000. 57.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reiterated a "buy" rating and set a $2.20 price objective (up previously from $1.90) on shares of Ur-Energy in a research report on Wednesday, October 23rd.

Ur-Energy Stock Performance

URG stock remained flat at $1.11 during midday trading on Friday. The company's stock had a trading volume of 3,792,610 shares, compared to its average volume of 3,364,428. The stock has a market capitalization of $404.15 million, a P/E ratio of -8.54 and a beta of 1.13. Ur-Energy Inc. has a fifty-two week low of $0.96 and a fifty-two week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE last released its earnings results on Wednesday, November 6th. The basic materials company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The company had revenue of $6.40 million for the quarter, compared to the consensus estimate of $9.67 million. Equities research analysts expect that Ur-Energy Inc. will post -0.14 earnings per share for the current fiscal year.

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.