During the last session, Ur-Energy Inc (AMEX:URG)’s traded shares were 0.93 million, with the beta value of the company hitting 1.12. At the end of the trading day, the stock’s price was $1.37, reflecting an intraday gain of 2.63% or $0.04. The 52-week high for the URG share is $2.01, that puts it down -46.72 from that peak though still a striking 29.93% gain since the share price plummeted to a 52-week low of $0.96. The company’s market capitalization is $695.05M, and the average intraday trading volume over the past 10 days was 5.13 million shares, and the average trade volume was 4.07 million shares over the past three months.
Ur-Energy Inc (URG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. URG has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.02.
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Ur-Energy Inc (AMEX:URG) trade information
Ur-Energy Inc (URG) registered a 2.63% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.63% in intraday trading to $1.37, hitting a weekly high. The stock’s 5-day price performance is 10.08%, and it has moved by 7.48% in 30 days. Based on these gigs, the overall price performance for the year is -17.77%. The short interest in Ur-Energy Inc (AMEX:URG) is 14.62 million shares and it means that shorts have 3.54 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.4, which implies an increase of 59.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.4 and $3.4 respectively. As a result, URG is trading at a discount of -148.18% off the target high and -148.18% off the low.
Ur-Energy Inc (URG) estimates and forecasts
Statistics show that Ur-Energy Inc has underperformed its competitors in share price, compared to the industry in which it operates. Ur-Energy Inc (URG) shares have gone down -20.18% during the last six months, with a year-to-date growth rate less than the industry average at -8.33% against 12.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 16.65% this quarter and then jump 71.43% in the quarter after that. In the rating firms’ projections, revenue will increase 85.75% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 21.77M as predicted by 4 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 3.7M by the end of current fiscal year.
While earnings are projected to return -11.67% in 2024.
URG Dividends
Ur-Energy Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ur-Energy Inc (AMEX:URG)’s Major holders
Ur-Energy Inc insiders own 1.34% of total outstanding shares while institutional holders control 80.66%, with the float percentage being 81.75%. MMCAP INTERNATIONAL INC. SPC is the largest shareholder of the company, while 155.0 institutions own stock in it. As of 2024-06-30, the company held over 22.78 million shares (or 7.9553% of all shares), a total value of $31.89 million in shares.
The next largest institutional holding, with 22.56 million shares, is of ALPS ADVISORS INC’s that is approximately 7.8767% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $31.58 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ur-Energy Inc (URG) shares are Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. Data provided on Sep 30, 2024 indicates that Global X Fds-Global X Uranium ETF owns about 18.17 shares. This amounts to just over 5.02 percent of the company’s overall shares, with a $24.9 million market value. The same data shows that the other fund manager holds slightly less at 15.91, or about 4.39% of the stock, which is worth about $21.8 million.
