Ur-Energy (TSE:URE) Stock Passes Above 50-Day Moving Average - Here's Why

Ur-Energy Inc. (TSE:URE - Get Free Report) NYSE: URG crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.63 and traded as high as C$1.79. Ur-Energy shares last traded at C$1.73, with a volume of 50,025 shares traded.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised Ur-Energy to a "strong-buy" rating in a report on Monday, July 8th.

Ur-Energy Stock Down 0.6 %

The company has a debt-to-equity ratio of 1.13, a current ratio of 15.67 and a quick ratio of 4.64. The company has a market cap of C$626.73 million, a PE ratio of -7.21, a price-to-earnings-growth ratio of -0.81 and a beta of 1.10. The company has a fifty day moving average price of C$1.63 and a 200 day moving average price of C$1.87.

Ur-Energy (TSE:URE - Get Free Report) NYSE: URG last released its earnings results on Friday, August 9th. The company reported C($0.04) earnings per share for the quarter, hitting analysts' consensus estimates of C($0.04). The firm had revenue of C$6.37 million during the quarter, compared to the consensus estimate of C$6.31 million. As a group, analysts anticipate that Ur-Energy Inc. will post 0.0273858 EPS for the current year.

Insider Activity

In related news, Senior Officer Steven Marcal Hatten sold 179,733 shares of the firm's stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$1.62, for a total value of C$291,167.46. In other news, Senior Officer Steven Marcal Hatten sold 179,733 shares of the firm's stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$1.62, for a total transaction of C$291,167.46. Also, Senior Officer Penne Ann Goplerud sold 100,000 shares of Ur-Energy stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of C$1.61, for a total value of C$160,530.00. Over the last 90 days, insiders sold 377,361 shares of company stock valued at $613,008. 1.34% of the stock is currently owned by company insiders.

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.