Ur-Energy Inc. (NYSEAMERICAN:URG) Director Sells $88,347.00 in Stock

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) Director Robby Sai Kit Chang sold 60,100 shares of Ur-Energy stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $1.47, for a total transaction of $88,347.00. Following the sale, the director now owns 73,572 shares of the company’s stock, valued at $108,150.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Robby Sai Kit Chang also recently made the following trade(s):

• On Monday, June 24th, Robby Sai Kit Chang sold 73,474 shares of Ur-Energy stock. The shares were sold at an average price of $1.38, for a total transaction of $101,394.12.

Ur-Energy Stock Performance

Shares of URG stock opened at $1.41 on Thursday. Ur-Energy Inc. has a one year low of $0.91 and a one year high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings data on Monday, May 6th. The basic materials company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.04). Ur-Energy had a negative return on equity of 61.67% and a negative net margin of 173.40%. On average, equities analysts forecast that Ur-Energy Inc. will post -0.09 EPS for the current fiscal year.

Institutional Investors Weigh In On Ur-Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in URG. Tidal Investments LLC purchased a new position in shares of Ur-Energy in the 1st quarter valued at $65,000. Jump Financial LLC acquired a new stake in Ur-Energy in the 4th quarter valued at $109,000. Cannon Global Investment Management LLC purchased a new position in Ur-Energy in the first quarter valued at about $224,000. U S Global Investors Inc. purchased a new position in Ur-Energy in the fourth quarter valued at about $231,000. Finally, Verity Asset Management Inc. lifted its stake in shares of Ur-Energy by 6.4% during the fourth quarter. Verity Asset Management Inc. now owns 198,137 shares of the basic materials company’s stock worth $305,000 after purchasing an additional 12,005 shares in the last quarter. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on URG. HC Wainwright cut their price target on Ur-Energy from $3.40 to $3.30 and set a “buy” rating for the company in a report on Wednesday, May 8th. Roth Mkm dropped their target price on Ur-Energy from $2.20 to $2.10 and set a “buy” rating for the company in a research note on Thursday, May 9th. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Ur-Energy has an average rating of “Moderate Buy” and a consensus target price of $2.80.

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.