Ur-Energy Inc. (NYSEAMERICAN:URG) Director Robby Sai Kit Chang Sells 60,100 Shares

Ur-Energy Inc. (NYSEAMERICAN:URG - Get Free Report) TSE: URE Director Robby Sai Kit Chang sold 60,100 shares of the business's stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $1.47, for a total transaction of $88,347.00. Following the completion of the sale, the director now directly owns 73,572 shares in the company, valued at approximately $108,150.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ur-Energy Stock Down 2.8 %

Shares of Ur-Energy stock traded down $0.04 during mid-day trading on Monday, hitting $1.37. 2,639,000 shares of the stock were exchanged, compared to its average volume of 3,214,571. Ur-Energy Inc. has a 12 month low of $0.91 and a 12 month high of $2.01. The stock has a market cap of $397.92 million, a P/E ratio of -7.46 and a beta of 1.15.

Ur-Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE last posted its earnings results on Monday, May 6th. The basic materials company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.04). Ur-Energy had a negative return on equity of 61.67% and a negative net margin of 173.40%. On average, equities analysts anticipate that Ur-Energy Inc. will post -0.09 EPS for the current year.

Institutional Investors Weigh In On Ur-Energy

Several large investors have recently modified their holdings of URG. Tidal Investments LLC purchased a new stake in shares of Ur-Energy during the 1st quarter worth approximately $65,000. Jump Financial LLC purchased a new position in Ur-Energy in the 4th quarter valued at approximately $109,000. Cannon Global Investment Management LLC purchased a new position in Ur-Energy in the 1st quarter valued at approximately $224,000. U S Global Investors Inc. purchased a new position in Ur-Energy in the 4th quarter valued at approximately $231,000. Finally, Verity Asset Management Inc. grew its stake in Ur-Energy by 6.4% in the 4th quarter. Verity Asset Management Inc. now owns 198,137 shares of the basic materials company's stock valued at $305,000 after buying an additional 12,005 shares in the last quarter. Hedge funds and other institutional investors own 57.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on URG shares. HC Wainwright cut their price target on shares of Ur-Energy from $3.40 to $3.30 and set a "buy" rating on the stock in a research report on Wednesday, May 8th. Roth Mkm cut their price target on shares of Ur-Energy from $2.20 to $2.10 and set a "buy" rating on the stock in a research report on Thursday, May 9th. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Ur-Energy has a consensus rating of "Moderate Buy" and a consensus price target of $2.80.

About Ur-Energy

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.