In today’s recent session, 0.79 million shares of the Ur-Energy Inc (AMEX:URG) have been traded, and its beta is 1.10. Most recently the company’s share price was $1.01, and it changed around $0.01 or 1.00% from the last close, which brings the market valuation of the company to $367.74M. URG at last check was trading at a discount to its 52-week high of $1.89, offering almost -87.13% off that amount. The share price’s 52-week low was $0.96, which indicates that the recent value has risen by an impressive 4.95% since then. We note from Ur-Energy Inc’s average daily trading volume that its 10-day average is 4.5 million shares, with the 3-month average coming to 3.88 million.
Ur-Energy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended URG as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Ur-Energy Inc is expected to report earnings per share of -0.02 for the current quarter.
Ur-Energy Inc (AMEX:URG) trade information
Instantly URG has been showing a green trend so far today with a performance of 1.00% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.0900 on recent trading dayincreased the stock’s daily price by 7.34%. The company’s shares are currently down -12.17% year-to-date, but still down -7.34% over the last five days. On the other hand, Ur-Energy Inc (AMEX:URG) is -12.17% down in the 30-day period. We can see from the shorts that 19.7 million shares have been sold at a short interest cover period of 5.36 day(s).
The consensus price target as assigned by Wall Street analysts is $3.4, which translates to bulls needing to increase their stock price by 70.29% from its current value. Analyst projections state that URG is forecast to be at a low of $3.4 and a high of $3.4.
Ur-Energy Inc (URG) estimates and forecasts
The year-over-year growth rate is expected to be 79.14%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 21.77M in revenue for the current quarter. 1 analysts expect Ur-Energy Inc to make 3.7M in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 300.20%. Forecasts for the next quarter put sales growth at 0.00%.
Ur-Energy Inc (AMEX:URG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.34% of Ur-Energy Inc shares, and 82.19% of them are in the hands of institutional investors. The stock currently has a share float of 83.31%. Ur-Energy Inc stock is held by 163.0 institutions, with MMCAP INTERNATIONAL INC. SPC being the largest institutional investor. By 2024-06-30, it held 7.9553% of the shares, which is about 22.78 million shares worth $31.89 million.
ALPS ADVISORS INC, with 7.8767% or 22.56 million shares worth $31.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Sprott Uranium Miners ETF and Global X Fds-Global X Uranium ETF were the top two Mutual Funds as of Sep 30, 2024 . The former held 23.14 shares worth $23.38 million, making up 6.36% of all outstanding shares. On the other hand, Global X Fds-Global X Uranium ETF held roughly 18.72 shares worth around $18.91 million, which represents about 5.14% of the total shares outstanding.
