In the latest trading session, 0.65 million Ur-Energy Inc (AMEX:URG) shares changed hands as the company’s beta touched 0.90. With the company’s most recent per share price at $0.58 changed hands at -$0.02 or -2.61% at last look, the market valuation stands at $211.91M. URG’s current price is a discount, trading about -225.86% off its 52-week high of $1.89. The share price had its 52-week low at $0.57, which suggests the last value was 1.72% up since then. When we look at Ur-Energy Inc’s average trading volume, we note the 10-day average is 7.43 million shares, with the 3-month average coming to 5.05 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’s EPS for the current quarter is expected to be -0.02.
Ur-Energy Inc (AMEX:URG) trade information
Instantly URG was in red as seen in intraday trades today. With action -13.66%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -49.39%, with the 5-day performance at -13.66% in the red. However, in the 30-day time frame, Ur-Energy Inc (AMEX:URG) is -29.88% down. Looking at the short shares, we see there were 21.9 million shares sold at short interest cover period of 3.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.4, meaning bulls need an upside of 82.94% 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 -486.21% plunge from its current level, while the stock would need to soar -486.21% 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 increase by 85.00%.
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 83.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 84.24%. There are 83.12% 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 Dec 31, 2024 were SPROTT FUNDS TRUST-SPROTT URANIUM MINERS ETF and GLOBAL X FUNDS-Global X Uranium ETF. With 23.22 shares estimated at $14.97 million under it, the former controlled 6.37% of total outstanding shares. On the other hand, GLOBAL X FUNDS-Global X Uranium ETF held about 6.04% of the shares, roughly 22.0 shares worth around $14.18 million.
