Ur-Energy Inc (URG) Outlook Starting To Look Brighter?

Ur-Energy Inc (URG) concluded trading on Wednesday at a closing price of $0.91, with 6.36 million shares of worth about $5.79 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.18% during that period and on Wednesday the price saw a loss of about -2.34%. Currently the company’s common shares owned by public are about 364.82M shares, out of which, 353.99M shares are available for trading.

Stock saw a price change of 28.94% in past 5 days and over the past one month there was a price change of 18.70%. Year-to-date (YTD), URG shares are showing a performance of -20.97% which decreased to -46.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.55 but also hit the highest price of $1.84 during that period. The average intraday trading volume for Ur-Energy Inc shares is 4.65 million. The stock is currently trading 21.58% above its 20-day simple moving average (SMA20), while that difference is up 24.79% for SMA50 and it goes to -12.02% lower than SMA200.

Ur-Energy Inc (AMEX: URG) currently have 364.82M outstanding shares and institutions hold larger chunk of about 74.42% of that.

The stock has a current market capitalization of $331.55M and its 3Y-monthly beta is at 0.95. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 3.70 while making debt-to-equity ratio of 0.01. 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 10.04% while standing at 5.47% over the month. Stock’s fiscal year EPS is expected to rise by 57.35% while it is estimated to increase by 162.07% in next year.

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 B. Riley Securities on February 02, 2024 offering a Buy rating for the stock and assigned a target price of $3 to it. Coverage by FBR Capital stated Ur-Energy Inc (URG) stock as an Outperform in their note to investors on September 02, 2016, suggesting a price target of $1 for the stock. On June 19, 2015, H.C. Wainwright Resumed their recommendations, while on August 10, 2011, Rodman & Renshaw Initiated their ratings for the stock with a price target of $2.52. Stock get a Mkt outperform rating from Rodman & Renshaw on December 30, 2010.

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