Equities Analysts Offer Predictions for Ur-Energy Inc.’s FY2024 Earnings (TSE:URE)

Ur-Energy Inc. (TSE:URE) (NYSE:URG) – Equities researchers at Ventum Cap Mkts issued their FY2024 EPS estimates for Ur-Energy in a report released on Monday, July 8th. Ventum Cap Mkts analyst A. Terentiew anticipates that the company will post earnings of ($0.04) per share for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for Ur-Energy’s current full-year earnings is $0.05 per share. Ventum Cap Mkts also issued estimates for Ur-Energy’s FY2025 earnings at $0.04 EPS, FY2026 earnings at $0.15 EPS and FY2027 earnings at $0.22 EPS.

Ur-Energy (TSE:URE) (NYSE:URG) last released its earnings results on Monday, May 6th. The company reported C($0.09) EPS for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.06).

Ur-Energy Price Performance

Shares of URE stock opened at C$1.98 on Wednesday. Ur-Energy has a 12-month low of C$1.25 and a 12-month high of C$2.72. The firm has a market capitalization of C$557.63 million, a price-to-earnings ratio of -7.92, a price-to-earnings-growth ratio of -0.81 and a beta of 1.15. The company has a quick ratio of 4.64, a current ratio of 11.83 and a debt-to-equity ratio of 1.05. The firm has a fifty day moving average of C$2.18 and a 200-day moving average of C$2.22.

Insider Buying and Selling

In other news, Director Robby Sai Kit Chang sold 73,474 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$1.89, for a total value of C$139,005.46. In related news, Director James Franklin sold 56,305 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of C$2.17, for a total value of C$122,300.09. Also, Director Robby Sai Kit Chang sold 73,474 shares of the stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of C$1.89, for a total transaction of C$139,005.46. In the last ninety days, insiders sold 189,879 shares of company stock valued at $382,708. Company insiders own 1.60% of the company’s stock.

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.