Will Ur-Energy Inc (AMEX: URG) Stock Boom Or Bust From Here?

During the recent session, Ur-Energy Inc (AMEX:URG)’s traded shares were 0.54 million, with the beta value of the company hitting 1.11. At the last check today, the stock’s price was $1.22, reflecting an intraday loss of -3.17% or -$0.04. The 52-week high for the URG share is $2.01, that puts it down -64.75 from that peak though still a striking 21.31% gain since the share price plummeted to a 52-week low of $0.96. The company’s market capitalization is $444.20M, and the average intraday trading volume over the past 10 days was 4.23 million shares, and the average trade volume was 3.73 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.

Ur-Energy Inc (AMEX:URG) trade information

Ur-Energy Inc (URG) registered a -3.17% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.17% in intraday trading to $1.22, hitting a weekly high. The stock’s 5-day price performance is 6.09%, and it has moved by -5.43% in 30 days. Based on these gigs, the overall price performance for the year is -18.67%. The short interest in Ur-Energy Inc (AMEX:URG) is 17.12 million shares and it means that shorts have 4.7 day(s) to cover.

The consensus price target of analysts on Wall Street is $3.4, which implies an increase of 64.12% 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 -178.69% off the target high and -178.69% 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 -10.29% during the last six months, with a year-to-date growth rate less than the industry average at -16.67% against 7.90. 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 -6.94% in 2025.

URG Dividends

Ur-Energy Inc is due to release its next quarterly earnings in February. 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 82.81%, with the float percentage being 83.93%. 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.