Ur-Energy (TSE:URE) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Ur-Energy Inc. (TSE:URE) (NYSE:URG)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.53 and traded as high as C$1.67. Ur-Energy shares last traded at C$1.62, with a volume of 24,048 shares.

Analyst Upgrades and Downgrades

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

Ur-Energy Stock Down 1.2 %

The company’s 50 day moving average price is C$1.53 and its two-hundred day moving average price is C$1.95. The company has a current ratio of 15.67, a quick ratio of 4.64 and a debt-to-equity ratio of 1.13. The stock has a market cap of C$586.88 million, a P/E ratio of -6.75, a PEG ratio of -0.81 and a beta of 1.10.

Ur-Energy (TSE:URE) (NYSE:URG) last released its earnings results on Friday, August 9th. The company reported C($0.04) EPS for the quarter, hitting analysts’ consensus estimates of C($0.04). The firm had revenue of C$6.37 million for the quarter, compared to the consensus estimate of C$6.31 million. Equities analysts forecast that Ur-Energy Inc. will post 0.0273858 earnings per share for the current year.

Insiders Place Their Bets

In other Ur-Energy news, Director Gary Chase Huber sold 97,628 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of C$1.65, for a total transaction of C$161,310.74. In other Ur-Energy news, Director Gary Chase Huber sold 97,628 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of C$1.65, for a total transaction of C$161,310.74. Also, Senior Officer Steven Marcal Hatten sold 179,733 shares of Ur-Energy stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$1.62, for a total transaction of C$291,167.46. In the last 90 days, insiders have sold 377,361 shares of company stock worth $613,008. Company insiders own 1.24% of the company’s stock.

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.