Ur-Energy Inc. (NYSEAMERICAN:URG) is Lloyd Harbor Capital Management LLC's 7th Largest Position

Lloyd Harbor Capital Management LLC raised its holdings in Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE by 167.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,146,858 shares of the basic materials company's stock after purchasing an additional 5,100,000 shares during the quarter. Ur-Energy accounts for about 7.0% of Lloyd Harbor Capital Management LLC's holdings, making the stock its 7th biggest position. Lloyd Harbor Capital Management LLC owned approximately 2.76% of Ur-Energy worth $11,406,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Xponance Inc. purchased a new position in shares of Ur-Energy in the 2nd quarter valued at about $25,000. Principal Financial Group Inc. purchased a new position in Ur-Energy in the second quarter valued at about $51,000. Tidal Investments LLC acquired a new stake in shares of Ur-Energy during the 1st quarter valued at approximately $65,000. Verity Asset Management Inc. boosted its stake in shares of Ur-Energy by 22.0% during the 1st quarter. Verity Asset Management Inc. now owns 241,729 shares of the basic materials company's stock worth $387,000 after acquiring an additional 43,592 shares in the last quarter. Finally, CQS US LLC boosted its stake in shares of Ur-Energy by 0.5% during the 2nd quarter. CQS US LLC now owns 12,223,939 shares of the basic materials company's stock worth $17,114,000 after acquiring an additional 64,141 shares in the last quarter. Institutional investors and hedge funds own 57.51% of the company's stock.

Wall Street Analysts Forecast Growth

URG has been the subject of several research reports. Ventum Cap Mkts raised Ur-Energy to a "strong-buy" rating in a report on Monday, July 8th. HC Wainwright cut their price target on Ur-Energy from $3.20 to $2.70 and set a "buy" rating for the company in a research note on Wednesday, August 14th. Finally, B. Riley lowered their price objective on shares of Ur-Energy from $3.00 to $2.00 and set a "buy" rating on the stock in a research note on Tuesday, August 20th. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $2.27.

Ur-Energy Stock Down 3.3 %

NYSEAMERICAN URG opened at $1.19 on Friday. Ur-Energy Inc. has a fifty-two week low of $0.96 and a fifty-two week high of $2.01. The firm has a market capitalization of $431.10 million, a PE ratio of -6.26 and a beta of 1.12.

Ur-Energy (NYSEAMERICAN:URG - Get Free Report) TSE: URE last announced its earnings results on Friday, August 9th. The basic materials company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The firm had revenue of $4.65 million during the quarter, compared to the consensus estimate of $4.60 million. Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 65.47%. As a group, research analysts predict that Ur-Energy Inc. will post -0.09 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Penne A. Goplerud sold 100,000 shares of the firm's stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $1.19, for a total transaction of $119,000.00. Following the sale, the insider now owns 412,895 shares in the company, valued at $491,345.05. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Penne A. Goplerud sold 100,000 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $1.19, for a total transaction of $119,000.00. Following the transaction, the insider now directly owns 412,895 shares in the company, valued at $491,345.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Roger L. Smith sold 228,119 shares of Ur-Energy stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $1.20, for a total value of $273,742.80. Following the completion of the sale, the chief financial officer now owns 613,061 shares of the company's stock, valued at approximately $735,673.20. The disclosure for this sale can be found here. Insiders sold a total of 605,480 shares of company stock valued at $726,708 over the last 90 days. 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.

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