HC Wainwright Comments on Ur Energy FY2027 Earnings

Ur Energy Inc (NYSEAMERICAN:URG) (TSE:URE) – Equities researchers at HC Wainwright issued their FY2027 EPS estimates for Ur Energy in a research note issued on Tuesday, November 10th. HC Wainwright analyst H. Ihle anticipates that the basic materials company will earn ($0.06) per share for the year. HC Wainwright currently has a “Buy” rating and a $1.80 target price on the stock. The consensus estimate for Ur Energy’s current full-year earnings is ($0.16) per share.

Several other equities analysts have also recently commented on the stock. B. Riley Financial dropped their target price on shares of Ur Energy from $2.50 to $2.00 and set a “buy” rating on the stock in a research report on Wednesday, October 28th. Royal Bank Of Canada reduced their target price on Ur Energy from $1.75 to $1.60 and set an “outperform” rating for the company in a report on Monday, August 17th. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Ur Energy currently has an average rating of “Buy” and a consensus target price of $2.17.

Ur Energy Trading Down 16.1%

Shares of URG stock opened at $0.68 on Wednesday. Ur Energy has a 52-week low of $0.62 and a 52-week high of $2.15. The company has a debt-to-equity ratio of 1.02, a quick ratio of 3.25 and a current ratio of 4.00. The company has a 50-day simple moving average of $1.03 and a two-hundred day simple moving average of $1.41. The company has a market capitalization of $270.15 million, a price-to-earnings ratio of -3.57 and a beta of 1.21.

Ur Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings results on Monday, November 9th. The basic materials company reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04). Ur Energy had a negative net margin of 191.64% and a negative return on equity of 103.27%. The company had revenue of $12.43 million for the quarter, compared to analyst estimates of $14.37 million.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. bought a new position in shares of Ur Energy during the 3rd quarter valued at approximately $58,194,000. BlackRock Inc. bought a new stake in shares of Ur Energy in the 2nd quarter worth approximately $38,936,000. Van ECK Associates Corp bought a new stake in shares of Ur Energy in the 2nd quarter worth approximately $31,875,000. The Manufacturers Life Insurance Company purchased a new position in Ur Energy in the second quarter valued at approximately $22,602,000. Finally, Deutsche Bank AG purchased a new position in Ur Energy in the second quarter valued at approximately $4,645,000. 57.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Ur Energy

In related news, VP Jade Walle purchased 96,556 shares of Ur Energy stock in a transaction that occurred on Thursday, September 24th. The stock was bought at an average price of $1.14 per share, for a total transaction of $110,073.84. Following the completion of the transaction, the vice president owned 424,037 shares in the company, valued at $483,402.18. This represents a 29.48% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Robby Sai Kit Chang sold 75,588 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $1.41, for a total transaction of $106,579.08. Following the transaction, the director owned 96,449 shares of the company’s stock, valued at approximately $135,993.09. The trade was a 43.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders purchased 182,137 shares of company stock worth $221,773 and sold 587,005 shares worth $838,231. 1.63% of the stock is currently owned by company insiders.

Ur Energy Company Profile

Ur-Energy Inc. is a uranium exploration, development, and production company focused on advancing domestic uranium resources in the United States. The company’s activities include acquiring, evaluating, permitting, developing, and operating uranium properties, with an emphasis on in-situ recovery methods. Ur-Energy’s principal operating asset is the Lost Creek uranium project in Wyoming’s Great Divide Basin. Lost Creek uses an in-situ recovery process, which extracts uranium from underground formations by circulating a solution through wells and processing the resulting uranium-bearing fluid at a central facility.