Ur-Energy (TSE:URE) Shares Pass Below 200 Day Moving Average of $1.99

Ur-Energy Inc. (TSE:URE) (NYSE:URG)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.99 and traded as low as C$1.53. Ur-Energy shares last traded at C$1.60, with a volume of 59,439 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised Ur-Energy to a “strong-buy” rating in a research note on Monday, July 8th.

Ur-Energy Stock Up 2.6 %

The company has a market cap of C$579.63 million, a P/E ratio of -6.40, a price-to-earnings-growth ratio of -0.81 and a beta of 1.10. The firm’s 50 day moving average price is C$1.60 and its two-hundred day moving average price is C$1.99. The company has a debt-to-equity ratio of 1.13, a quick ratio of 4.64 and a current ratio of 15.67.

Ur-Energy (TSE:URE) (NYSE:URG) last released its quarterly earnings data on Friday, August 9th. The company reported C($0.04) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C($0.04). The company had revenue of C$6.37 million for the quarter, compared to the consensus estimate of C$6.31 million. Equities research analysts anticipate that Ur-Energy Inc. will post 0.0270497 EPS for the current fiscal year.

Insider Activity at Ur-Energy

In other Ur-Energy news, Director Robby Sai Kit Chang sold 73,474 shares of the firm’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of C$1.89, for a total value of C$139,005.46. 1.24% of the stock is currently owned by insiders.

About Ur-Energy

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.