CenterBook Partners LP Acquires Shares of 3,977,369 Ur-Energy Inc. (NYSEAMERICAN:URG)

CenterBook Partners LP acquired a new position in Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 3,977,369 shares of the basic materials company's stock, valued at approximately $4,574,000. CenterBook Partners LP owned approximately 1.09% of Ur-Energy as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Geode Capital Management LLC increased its position in Ur-Energy by 21.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company's stock valued at $4,625,000 after acquiring an additional 695,487 shares during the period. BNP Paribas Financial Markets raised its position in shares of Ur-Energy by 62.9% during the third quarter. BNP Paribas Financial Markets now owns 158,693 shares of the basic materials company's stock worth $189,000 after acquiring an additional 61,260 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Ur-Energy by 136.5% in the fourth quarter. Rhumbline Advisers now owns 855,090 shares of the basic materials company's stock worth $983,000 after acquiring an additional 493,504 shares during the period. Jane Street Group LLC boosted its holdings in Ur-Energy by 128.4% in the third quarter. Jane Street Group LLC now owns 333,488 shares of the basic materials company's stock valued at $397,000 after acquiring an additional 187,496 shares during the last quarter. Finally, State Street Corp increased its position in Ur-Energy by 19.1% during the 3rd quarter. State Street Corp now owns 3,383,899 shares of the basic materials company's stock valued at $4,027,000 after purchasing an additional 541,777 shares during the period. Institutional investors own 57.51% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on URG. Alliance Global Partners restated a "buy" rating on shares of Ur-Energy in a research report on Tuesday. HC Wainwright reiterated a "buy" rating and set a $2.70 target price on shares of Ur-Energy in a research report on Tuesday. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Ur-Energy has an average rating of "Buy" and a consensus price target of $2.30.

Ur-Energy Stock Down 6.8 %

Shares of URG stock traded down $0.05 during trading on Tuesday, hitting $0.62. The company had a trading volume of 1,396,776 shares, compared to its average volume of 4,131,047. Ur-Energy Inc. has a 52 week low of $0.55 and a 52 week high of $1.90. The stock has a market capitalization of $224.61 million, a price-to-earnings ratio of -4.75 and a beta of 1.10. The stock's 50-day moving average is $0.84 and its two-hundred day moving average is $1.09.

Ur-Energy 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.