Ur-Energy Inc. (URG) concluded trading on 03/16/23 at a closing price of $0.95, with 3.16 million shares of worth about $3.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.42% during that period and on Thursday the price saw a loss of about -0.95%. Currently the company’s common shares owned by public are about 223.69M shares, out of which, 216.47M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 5 analysts are covering the URG stock and their offered price forecasts bring an average price target of $2.68. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $3.89 and could fall to a lowest price of $1.67. However, touching the estimated high of $3.89 would mean a gain of 75.58% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 67 times over the past 12 months. They bought 4,372,560 shares in 46 of the transactions. In 21 selling transactions, insiders dumped 2,354,591 shares.
Sprott Uranium Miners ETF, Global X Uranium ETF, and Geiger Counter Ltd. are the top 3 mutual funds which are holding stakes in Ur-Energy Inc. Sprott Uranium Miners ETF is currently holding 10.78 million shares of worth totaling $11.54 million. The company recently came buying 12048.0 shares which brought its stake up to 4.80% of the company’s outstanding shares. Geiger Counter Ltd., after buying 8.23 million shares, have now control over 3.66% of the stake in the company. It holds 1.0 million shares of worth $8.8 million.
Ur-Energy Inc. (AMEX: URG) started trading at $0.92, below -$0.04 from concluding price of the previous day. However, the stock later moved at a day high price of 0.9623, or with a loss of -0.95%. Stock saw a price change of -11.74% in past 5 days and over the past one month there was a price change of -23.74%. Year-to-date (YTD), URG shares are showing a performance of -17.11% which decreased to -42.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.95 but also hit the highest price of $1.90 during that period. The average intraday trading volume for Ur-Energy Inc. shares is 1.35 million. The stock is currently trading -11.87% below its 20-day simple moving average (SMA20), while that difference is down -19.05% for SMA50 and it goes to -20.32% lower than SMA200.
Ur-Energy Inc. (AMEX: URG) currently have 223.69M outstanding shares and institutions hold larger chunk of about 22.10% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $261.49M and its 3Y-monthly beta is at 1.45. It has posted earnings per share of -$0.08 in the same period. It has Quick Ratio of 5.20 while making debt-to-equity ratio of 0.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for URG, volatility over the week remained 6.03% while standing at 4.58% over the month.
Analysts are in expectations that Ur-Energy Inc. (URG) stock would likely to be making an EPS of -$0.01 in the current quarter, while forecast for next quarter EPS is $0.01 and it is -$0.01 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.02 which is -$0.01 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 33.70%.
Analysts at 5 brokerage firms have issued recommendations for the Ur-Energy Inc. (URG)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 5 Wall Street analysts, 5 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by FBR Capital on September 02, 2016 offering an Outperform rating for the stock and assigned a target price of $1 to it. Coverage by H.C. Wainwright stated Ur-Energy Inc. (URG) stock as a Buy in their note to investors on June 19, 2015, suggesting a price target of $2.10 for the stock. On August 10, 2011, Rodman & Renshaw Initiated their recommendations, while on December 30, 2010, Rodman & Renshaw Reiterated their ratings for the stock with a price target of $4.25.
