When Will Ur-Energy Inc (AMEX: URG) Be A Good Investment?

In the latest trading session, 0.72 million Ur-Energy Inc (AMEX:URG) shares changed hands as the company’s beta touched 1.12. With the company’s most recent per share price at $0.94 changing hands around $0.02 or 2.82% at last look, the market valuation stands at $343.51M. URG’s current price is a discount, trading about -101.06% off its 52-week high of $1.89. The share price had its 52-week low at $0.88, which suggests the last value was 6.38% up since then.

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.

Ur-Energy Inc (AMEX:URG) trade information

Instantly URG is in green as seen in intraday trades today. With action -2.66%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -17.96%, with the 5-day performance at -2.66% in the red. However, in the 30-day time frame, Ur-Energy Inc (AMEX:URG) is -14.23% down.

The consensus price target for the stock as assigned by Wall Street analysts is 3.4, meaning bulls need an upside of 72.35% 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 -261.7% plunge from its current level, while the stock would need to soar -261.7% for it to hit the projected low.

Ur-Energy Inc (URG) estimates and forecasts

Year-over-year growth is forecast to reach 79.14% 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. 2 analysts are of the opinion that Ur-Energy Inc’s revenue for the current quarter will be 5.77M. 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 300.20%. The estimates for the next quarter sales put growth at 0.00%.

The 2025 estimates are for Ur-Energy Inc earnings to decrease by -9.72%.

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

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 $21.82 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 5.14% of the shares, roughly 18.72 shares worth around $17.65 million.