Ur-Energy Inc. (AMEX:URG) Stock Has Fallen -13.64% YTD, What Do Analysts Anticipate Next?

In last trading session, Ur-Energy Inc. (AMEX:URG) saw 3.3 million shares changing hands with its beta currently measuring 1.13. Company’s recent per share price level of $1.33 trading at $0.04 or 3.10% at ring of the bell on the day assigns it a market valuation of $481.82M. That closing price of URG’s stock is at a discount of -51.13% from its 52-week high price of $2.01 and is indicating a premium of 27.82% from its 52-week low price of $0.96. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.69 million shares which gives us an average trading volume of 4.08 million if we extend that period to 3-months.

For Ur-Energy Inc. (URG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.0 in the current quarter.

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Ur-Energy Inc. (AMEX:URG) trade information

Upright in the green during last session for gaining 3.10%, in the last five days URG remained trading in the green while hitting it’s week-highest on Friday, 10/18/24 when the stock touched $1.33 price level, adding 0.75% to its value on the day. Ur-Energy Inc.’s shares saw a change of -13.64% in year-to-date performance and have moved 12.71% in past 5-day. Ur-Energy Inc. (AMEX:URG) showed a performance of 12.71% in past 30-days. Number of shares sold short was 18.8 million shares which calculate 3.9 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3.4 to the stock, which implies a rise of 60.88% to its current value. Analysts have been projecting 3.4 as a low price target for the stock while placing it at a high target of 3.4. It follows that stock’s current price would drop -155.64% in reaching the projected high whereas dropping to the targeted low would mean a loss of -155.64% for stock’s current value.

Ur-Energy Inc. (URG) estimates and forecasts

Statistics highlight that Ur-Energy Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -21.30% of value to its shares in past 6 months, showing an annual growth rate of 25.00% while that of industry is 15.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 80.50% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 11.07M for the same. And 3 analysts are in estimates of company making revenue of 17.4M in the next quarter. Company posted 5.75M and 5.44M of sales in current and next quarters respectively a year earlier.

Ur-Energy Inc. (AMEX:URG)’s Major holders

Insiders are in possession of 1.34% of company’s total shares while institution are holding 65.52 percent of that, with stock having share float percentage of 66.40%. Investors also watch the number of corporate investors in a company very closely, which is 65.52% institutions for Ur-Energy Inc. that are currently holding shares of the company. MMCAP INTERNATIONAL INC. SPC is the top institutional holder at URG for having 22.78 million shares of worth $31.89 million. And as of 2024-06-30, it was holding 7.9553 of the company’s outstanding shares.

The second largest institutional holder is ALPS ADVISORS INC, which was holding about 22.56 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.8767 of outstanding shares, having a total worth of $31.58 million.