Jade Walle Purchases 75,581 Shares of Ur-Energy (TSE:URE) Stock

Ur-Energy Inc. (TSE:URE) (NYSE:URG) insider Jade Walle acquired 75,581 shares of the company’s stock in a transaction on Friday, September 11th. The shares were purchased at an average cost of C$1.79 per share, for a total transaction of C$135,289.99. Following the acquisition, the insider owned 327,481 shares of the company’s stock, valued at approximately C$586,190.99. The trade was a 30.00% increase in their position.

Ur-Energy Stock Down 1.8%

URE opened at C$1.67 on Thursday. The business’s 50-day simple moving average is C$1.85 and its 200-day simple moving average is C$2.06. The company has a debt-to-equity ratio of 103.29, a quick ratio of 4.64 and a current ratio of 4.00. Ur-Energy Inc. has a one year low of C$1.59 and a one year high of C$3.30. The stock has a market capitalization of C$664.43 million, a P/E ratio of -7.26, a price-to-earnings-growth ratio of -0.81 and a beta of 0.69.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded Ur-Energy to a “moderate buy” rating in a research note on Monday, July 13th. Three research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Ur-Energy Company Profile

Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 3 million pounds of U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company’s second in situ recovery uranium facility in Wyoming. Ur-Energy is engaged in uranium recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States.