Fourth Sail Capital LP decreased its holdings in Ur-Energy Inc. (NYSEAMERICAN:URG - Free Report) TSE: URE by 32.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,856,794 shares of the basic materials company's stock after selling 5,655,770 shares during the quarter. Ur-Energy accounts for about 4.1% of Fourth Sail Capital LP's investment portfolio, making the stock its 12th largest position. Fourth Sail Capital LP owned approximately 3.26% of Ur-Energy worth $13,635,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. Bridgewater Associates LP increased its holdings in Ur-Energy by 8.0% in the third quarter. Bridgewater Associates LP now owns 213,635 shares of the basic materials company's stock worth $254,000 after buying an additional 15,841 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Ur-Energy by 22.0% during 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 in the last quarter. FMR LLC lifted its stake in shares of Ur-Energy by 1,864.0% in the 3rd quarter. FMR LLC now owns 29,519 shares of the basic materials company's stock valued at $35,000 after purchasing an additional 28,016 shares during the last quarter. Brave Asset Management Inc. acquired a new stake in shares of Ur-Energy in the 4th quarter valued at $41,000. Finally, Verity Asset Management Inc. lifted its holdings in 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 purchasing an additional 36,822 shares during the last quarter. 57.51% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, HC Wainwright reissued a "buy" rating and issued a $2.70 target price on shares of Ur-Energy in a research note on Tuesday, February 11th.
Read Our Latest Stock Analysis on URG
Ur-Energy Price Performance
Shares of NYSEAMERICAN URG traded down $0.00 during mid-day trading on Thursday, reaching $0.86. 4,935,961 shares of the company were exchanged, compared to its average volume of 4,646,062. The company has a market capitalization of $312.62 million, a PE ratio of -6.60 and a beta of 1.10. The firm's 50-day moving average is $1.08. Ur-Energy Inc. has a twelve month low of $0.81 and a twelve month high of $1.90.
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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