Brokers Offer Predictions for Ur-Energy FY2027 Earnings

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) – Ventum Cap Mkts reduced their FY2027 earnings per share (EPS) estimates for Ur-Energy in a research note issued on Monday, February 3rd. Ventum Cap Mkts analyst A. Terentiew now expects that the basic materials company will earn $0.07 per share for the year, down from their previous estimate of $0.10. The consensus estimate for Ur-Energy’s current full-year earnings is ($0.14) per share.

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

Separately, Roth Mkm restated a “buy” rating and set a $2.20 price objective (up previously from $1.90) on shares of Ur-Energy in a research report on Wednesday, October 23rd.

Ur-Energy Stock Down 1.8 %

Shares of URG stock opened at $1.07 on Wednesday. Ur-Energy has a fifty-two week low of $0.96 and a fifty-two week high of $2.00. The stock has a market cap of $389.59 million, a P/E ratio of -8.23 and a beta of 1.11.

Institutional Investors Weigh In On Ur-Energy

Institutional investors and hedge funds have recently modified their holdings of the stock. FMR LLC boosted its stake in Ur-Energy by 1,864.0% in the 3rd quarter. FMR LLC now owns 29,519 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 28,016 shares during the period. Brave Asset Management Inc. purchased a new stake in shares of Ur-Energy in the fourth quarter valued at $41,000. Intech Investment Management LLC acquired a new stake in shares of Ur-Energy in the third quarter worth $73,000. Ballentine Partners LLC grew its holdings in shares of Ur-Energy by 235.6% during the third quarter. Ballentine Partners LLC now owns 68,266 shares of the basic materials company’s stock valued at $81,000 after buying an additional 47,922 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in Ur-Energy during the second quarter valued at $150,000. 57.51% of the stock is owned by institutional investors and hedge funds.

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.