Ur-Energy (TSE:URE) Raised to Moderate Buy at Royal Bank Of Canada

Ur-Energy (TSE:URE) (NYSE:URG) was upgraded by equities research analysts at Royal Bank Of Canada to a “moderate buy” rating in a research note issued on Monday,Zacks.com reports.

A number of other analysts have also issued reports on URE. Canaccord Genuity Group raised Ur-Energy to a “strong-buy” rating in a research report on Thursday, April 2nd. B. Riley Financial upgraded Ur-Energy to a “strong-buy” rating in a research report on Thursday, May 14th. Four investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Ur-Energy Price Performance

Shares of URE opened at C$1.88 on Monday. The firm has a 50-day simple moving average of C$2.18 and a two-hundred day simple moving average of C$2.20. The stock has a market cap of C$746.98 million, a PE ratio of -7.83, a P/E/G ratio of -0.81 and a beta of 0.32. Ur-Energy has a 1-year low of C$1.57 and a 1-year high of C$3.30. The company has a debt-to-equity ratio of 83.56, a current ratio of 4.44 and a quick ratio of 4.64.

Ur-Energy (TSE:URE) (NYSE:URG) last issued its quarterly earnings data on Friday, May 8th. The company reported C($0.10) EPS for the quarter. The company had revenue of C$5.43 million during the quarter. Ur-Energy had a negative return on equity of 105.08% and a negative net margin of 297.81%. As a group, analysts forecast that Ur-Energy will post 0.0273858 EPS for the current year.

About Ur-Energy

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.