Mirabella Financial Services LLP Makes New Investment in Ur-Energy Inc. (NYSEAMERICAN:URG)

Mirabella Financial Services LLP purchased a new position in Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,696,755 shares of the basic materials company's stock, valued at approximately $3,209,000. Mirabella Financial Services LLP owned about 0.74% of Ur-Energy at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Fourth Sail Capital LP purchased a new stake in shares of Ur-Energy in the third quarter worth about $20,840,000. Lloyd Harbor Capital Management LLC boosted its position in Ur-Energy by 167.4% in the 2nd 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 buying an additional 5,100,000 shares during the period. Azarias Capital Management L.P. raised its position in Ur-Energy by 12.2% during the 2nd quarter. Azarias Capital Management L.P. now owns 16,370,204 shares of the basic materials company's stock valued at $22,918,000 after purchasing an additional 1,786,023 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Ur-Energy in the second quarter worth about $1,099,000. Finally, Goehring & Rozencwajg Associates LLC boosted its stake in shares of Ur-Energy by 21.5% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 2,931,546 shares of the basic materials company's stock valued at $4,104,000 after purchasing an additional 517,800 shares in the last quarter. 57.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

URG has been the topic of a number of recent analyst reports. HC Wainwright lowered their price target on shares of Ur-Energy from $3.20 to $2.70 and set a "buy" rating on the stock in a report on Wednesday, August 14th. B. Riley lowered their price target 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. Finally, Roth Mkm reissued a "buy" rating and set a $2.20 price target (up previously from $1.90) on shares of Ur-Energy in a research report on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $2.30.

Ur-Energy Stock Performance

URG traded down $0.03 on Monday, reaching $1.30. The company's stock had a trading volume of 4,924,281 shares, compared to its average volume of 3,703,661. Ur-Energy Inc. has a 1 year low of $0.96 and a 1 year high of $2.01. The company has a market capitalization of $473.33 million, a P/E ratio of -10.00 and a beta of 1.11.

Ur-Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE last released its quarterly earnings results on Wednesday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). The firm had revenue of $6.40 million for the quarter, compared to the consensus estimate of $9.67 million. As a group, equities research analysts forecast that Ur-Energy Inc. will post -0.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Gary C. Huber sold 97,628 shares of the business's stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $1.23, for a total value of $120,082.44. Following the sale, the director now directly owns 404,869 shares in the company, valued at $497,988.87. The trade was a 19.43 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Penne A. Goplerud sold 100,000 shares of Ur-Energy stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $1.19, for a total transaction of $119,000.00. Following the completion of the transaction, the insider now owns 412,895 shares in the company, valued at approximately $491,345.05. This trade represents a 19.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 605,480 shares of company stock worth $726,708 over the last ninety days. Company insiders own 3.29% of the company's stock.

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.