In the last trading session, 4.06 million Ur-Energy Inc (AMEX:URG) shares changed hands as the company’s beta touched 1.12. With the company’s per share price at $1.11 changed hands at -$0.02 or -1.77% during last session, the market valuation stood at $404.15M. URG’s last price was a discount, traded about -81.08% 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 13.51% up since then. When we look at Ur-Energy Inc’s average trading volume, we note the 10-day average is 2.85 million shares, with the 3-month average coming to 3.76 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 (AMEX:URG) trade information
Instantly URG was in red as seen at the end of in last trading. With action -5.93%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -3.48%, with the 5-day performance at -5.93% in the red. However, in the 30-day time frame, Ur-Energy Inc (AMEX:URG) is -11.20% down. Looking at the short shares, we see there were 20.51 million shares sold at short interest cover period of 5.7 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.4, meaning bulls need an upside of 67.35% from its current 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 -206.31% plunge from its current level, while the stock would need to soar -206.31% 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 -26.00% over the past 6 months, a -16.67% in annual growth rate that is considerably lower than the industry average of 9.00%.
The 2025 estimates are for Ur-Energy Inc earnings to decrease by -6.94%.
URG Dividends
Ur-Energy Inc is expected to release its next quarterly earnings report in February.
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 82.80% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.92%. There are 82.80% 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.
Among Mutual Funds, the top two as of Sep 30, 2024 were Sprott Uranium Miners ETF and Global X Fds-Global X Uranium ETF . With 23.14 shares estimated at $25.69 million under it, the former controlled 6.36% of total outstanding shares. On the other hand, Global X Fds-Global X Uranium ETF held about 5.02% of the shares, roughly 18.27 shares worth around $20.28 million.
