B. Riley Has Bearish Forecast for Ur-Energy FY2025 Earnings

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) – Analysts at B. Riley reduced their FY2025 earnings estimates for shares of Ur-Energy in a research report issued to clients and investors on Friday, November 8th. B. Riley analyst M. Key now expects that the basic materials company will post earnings per share of $0.00 for the year, down from their prior estimate of $0.03. B. Riley has a “Buy” rating and a $2.00 price objective on the stock. The consensus estimate for Ur-Energy’s current full-year earnings is ($0.09) per share. B. Riley also issued estimates for Ur-Energy’s FY2028 earnings at $0.21 EPS.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its quarterly earnings data on Wednesday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02). The firm had revenue of $6.40 million for the quarter, compared to the consensus estimate of $9.67 million.

Several other analysts also recently issued reports on the company. Roth Mkm reissued a “buy” rating and set a $2.20 target price (up previously from $1.90) on shares of Ur-Energy in a research note on Wednesday, October 23rd. HC Wainwright reduced their price objective on shares of Ur-Energy from $3.20 to $2.70 and set a “buy” rating on the stock in a research report on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $2.30.

Ur-Energy Trading Down 0.8 %

NYSEAMERICAN:URG opened at $1.19 on Monday. The stock has a market cap of $431.10 million, a price-to-earnings ratio of -9.15 and a beta of 1.11. Ur-Energy has a 52 week low of $0.96 and a 52 week high of $2.01.

Insider Transactions at Ur-Energy

In other Ur-Energy news, COO Steven M. Hatten sold 179,733 shares of Ur-Energy stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $1.19, for a total value of $213,882.27. Following the sale, the chief operating officer now owns 303,977 shares of the company’s stock, valued at $361,732.63. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, Director Gary C. Huber sold 97,628 shares of the company’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $1.23, for a total transaction of $120,082.44. Following the sale, the director now directly owns 404,869 shares in the company, valued at approximately $497,988.87. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Steven M. Hatten sold 179,733 shares of Ur-Energy stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $1.19, for a total value of $213,882.27. Following the completion of the transaction, the chief operating officer now owns 303,977 shares of the company’s stock, valued at approximately $361,732.63. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 605,480 shares of company stock valued at $726,708. 3.29% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ur-Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lloyd Harbor Capital Management LLC raised its stake in shares of Ur-Energy by 167.4% in the second quarter. Lloyd Harbor Capital Management LLC now owns 8,146,858 shares of the basic materials company’s stock valued at $11,406,000 after acquiring an additional 5,100,000 shares during the period. Azarias Capital Management L.P. grew its holdings in Ur-Energy by 12.2% during the 2nd quarter. Azarias Capital Management L.P. now owns 16,370,204 shares of the basic materials company’s stock valued at $22,918,000 after purchasing an additional 1,786,023 shares during the last quarter. Goehring & Rozencwajg Associates LLC raised its position in Ur-Energy by 21.5% in the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 2,931,546 shares of the basic materials company’s stock worth $4,104,000 after purchasing an additional 517,800 shares during the period. Bank of New York Mellon Corp bought a new stake in Ur-Energy in the second quarter worth about $1,099,000. Finally, Toronto Dominion Bank boosted its position in shares of Ur-Energy by 153,746.2% during the first quarter. Toronto Dominion Bank now owns 500,000 shares of the basic materials company’s stock valued at $800,000 after buying an additional 499,675 shares during the period. 57.51% of the stock is currently owned by hedge funds and other institutional investors.

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.