Rhumbline Advisers grew its holdings in shares of Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE by 136.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 855,090 shares of the basic materials company's stock after purchasing an additional 493,504 shares during the period. Rhumbline Advisers owned approximately 0.23% of Ur-Energy worth $983,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bridgewater Associates LP boosted its position in shares of Ur-Energy by 8.0% during the 3rd quarter. Bridgewater Associates LP now owns 213,635 shares of the basic materials company's stock valued at $254,000 after purchasing an additional 15,841 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Ur-Energy by 22.0% in the third quarter. JPMorgan Chase & Co. now owns 147,268 shares of the basic materials company's stock valued at $175,000 after buying an additional 26,531 shares in the last quarter. FMR LLC lifted its position in shares of Ur-Energy by 1,864.0% during the 3rd quarter. FMR LLC now owns 29,519 shares of the basic materials company's stock valued at $35,000 after acquiring an additional 28,016 shares during the last quarter. Brave Asset Management Inc. bought a new stake in shares of Ur-Energy during the 4th quarter worth $41,000. Finally, Verity Asset Management Inc. grew its holdings in shares of Ur-Energy by 14.1% in the 4th quarter. Verity Asset Management Inc. now owns 297,896 shares of the basic materials company's stock worth $343,000 after acquiring an additional 36,822 shares during the last quarter. 57.51% of the stock is currently owned by institutional investors.
Ur-Energy Price Performance
URG stock traded down $0.09 during trading hours on Monday, hitting $0.74. The company's stock had a trading volume of 3,521,966 shares, compared to its average volume of 4,625,382. The stock has a 50 day moving average of $1.08. Ur-Energy Inc. has a 12 month low of $0.74 and a 12 month high of $1.90. The stock has a market cap of $269.47 million, a P/E ratio of -5.69 and a beta of 1.10.
Analyst Ratings Changes
Separately, HC Wainwright reiterated a "buy" rating and issued a $2.70 target price on shares of Ur-Energy in a report on Tuesday, February 11th.
Read Our Latest Analysis on Ur-Energy
Ur-Energy Company Profile
(
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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