Old West Investment Management LLC purchased a new stake in Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 800,000 shares of the basic materials company's stock, valued at approximately $920,000. Old West Investment Management LLC owned 0.22% of Ur-Energy as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of URG. JPMorgan Chase & Co. boosted its holdings in Ur-Energy by 22.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 147,268 shares of the basic materials company's stock valued at $175,000 after purchasing an additional 26,531 shares during the period. FMR LLC grew its position in Ur-Energy by 1,864.0% during the third quarter. FMR LLC now owns 29,519 shares of the basic materials company's stock worth $35,000 after buying an additional 28,016 shares in the last quarter. Cibc World Markets Corp bought a new position in Ur-Energy during the 4th quarter worth $38,000. Brave Asset Management Inc. acquired a new position in Ur-Energy in the 4th quarter valued at $41,000. Finally, Verity Asset Management Inc. lifted its position in shares of Ur-Energy by 14.1% during the 4th quarter. Verity Asset Management Inc. now owns 297,896 shares of the basic materials company's stock valued at $343,000 after acquiring an additional 36,822 shares during the period. 57.51% of the stock is currently owned by institutional investors and hedge funds.
Ur-Energy Trading Down 0.1 %
NYSEAMERICAN:URG traded down $0.00 on Thursday, hitting $0.61. The company had a trading volume of 1,743,440 shares, compared to its average volume of 4,135,025. The firm has a 50 day moving average of $0.87 and a two-hundred day moving average of $1.10. The stock has a market capitalization of $223.19 million, a price-to-earnings ratio of -4.72 and a beta of 1.10. Ur-Energy Inc. has a 52 week low of $0.55 and a 52 week high of $1.90.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reaffirmed a "buy" rating and set a $2.70 price target on shares of Ur-Energy in a report on Tuesday, February 11th.
Check Out Our Latest Report on Ur-Energy
About Ur-Energy
(
Free Report)
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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