Why Should You Invest In Ur-Energy Inc (AMEX: URG)?

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In the latest trading session,, 1.28 million Ur-Energy Inc (AMEX:URG) shares changed hands as the company’s beta touched 1.09. With the company’s most recent per share price at $1.20 changing hands around $0.03 or 2.14% at last look, the market valuation stands at $617.32M. URG’s current price is a discount, trading about -67.5% off its 52-week high of $2.01. The share price had its 52-week low at $0.96, which suggests the last value was 20.0% up since then. When we look at Ur-Energy Inc’s average trading volume, we note the 10-day average is 4.25 million shares, with the 3-month average coming to 3.82 million.

Analysts gave the Ur-Energy Inc (URG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended URG as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Ur-Energy Inc’s EPS for the current quarter is expected to be -0.02.

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Ur-Energy Inc (AMEX:URG) trade information

Instantly URG is in green as seen in intraday trades today. With action -2.05%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -22.40%, with the 5-day performance at -2.05% in the red. However, in the 30-day time frame, Ur-Energy Inc (AMEX:URG) is 1.27% up. Looking at the short shares, we see there were 14.62 million shares sold at short interest cover period of 3.54 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3.4, meaning bulls need an upside of 64.71% from its recent market value. According to analyst projections, URG’s forecast low is 3.4 with 3.4 as the target high. To hit the forecast high, the stock’s price needs a -183.33% plunge from its current level, while the stock would need to soar -183.33% for it to hit the projected low.

Ur-Energy Inc (URG) estimates and forecasts

Data shows that the Ur-Energy Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -31.32% over the past 6 months, a -8.33% in annual growth rate that is considerably lower than the industry average of 13.00%. Year-over-year growth is forecast to reach 79.60% up from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 21.77M. 1 analysts are of the opinion that Ur-Energy Inc’s revenue for the current quarter will be 3.7M. The company’s revenue for the corresponding quarters a year ago was 5.44M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 300.10%.

The 2024 estimates are for Ur-Energy Inc earnings to decrease by -5.56%.

URG Dividends

Ur-Energy Inc is expected to release its next quarterly earnings report on 2025-Mar-04.

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

If we look at who the major shareholders are, we find that insiders hold 1.34% of Ur-Energy Inc shares while 66.14% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 67.03%. There are 66.14% institutions holding the Ur-Energy Inc stock share, with MMCAP INTERNATIONAL INC. SPC the top institutional holder. As of 2024-06-30, the company held 7.9553% of the shares, roughly 22.78 million URG shares worth $31.89 million.

ALPS ADVISORS INC holds the second largest percentage of outstanding shares, with 7.8767% or 22.56 million shares worth $31.58 million as of 2024-06-30.