That’s why I Feel Comfortable With Ur-Energy Inc.’s (URG) Future

Ur-Energy Inc. [URG] stock prices are up 5.37% to $1.57 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The URG shares have gain 6.08% over the last week, with a monthly amount drifted -3.68%, and not seem to be holding up well over a long-time horizon.

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On 13, March 2024, Ur-Energy Announces Decision to Build Out Shirley Basin Mine. In a post published today on Yahoo Finance, Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the “Company” or “Ur-Energy”) is pleased to announce the decision to build out our wholly owned, fully permitted and licensed Shirley Basin Project in Carbon County, Wyoming.

From an analyst’s perspective:

Ur-Energy Inc. [AMEX: URG] stock has seen the most recent analyst activity on February 02, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $3. Previously, FBR Capital started tracking the stock with Outperform rating on September 02, 2016, and set its price target to $1. Rodman & Renshaw started tracking the stock assigning a Mkt Outperform rating and suggested a price target of $2.52 on August 10, 2011. Rodman & Renshaw reiterated its recommendation of a Mkt Outperform and raised its price target to $4.25 on December 30, 2010.

The stock price of Ur-Energy Inc. [URG] has been fluctuating between $0.82 and $2.01 over the past year. Ur-Energy Inc. [AMEX: URG] shares were valued at $1.57 at the most recent close of the market.

Analyzing the URG fundamentals

Gross Profit Margin for this corporation currently stands at -1.09% with Operating Profit Margin at -2.4%, Pretax Profit Margin comes in at -2.37%, and Net Profit Margin reading is -2.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is -0.34 and Total Capital is -0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4967 points at the first support level, and at 1.4233 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6067, and for the 2nd resistance point, it is at 1.6433.

Ur-Energy Inc. [URG] reported earnings per share of -$0.02 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.01/share, meaning a difference of -$0.01 and a surprise factor of -100.00%.

Ratios To Look Out For

It’s worth pointing out that Ur-Energy Inc. [AMEX:URG]’s Current Ratio is 6.35. On the other hand, the Quick Ratio is 6.09, and the Cash Ratio is 5.95. Considering the valuation of this stock, the price to sales ratio is 25.01, the price to book ratio is 5.68.

Transactions by insiders

Recent insider trading involved FRANKLIN JAMES M., Director, that happened on Jan 30 ’24 when 10000.0 shares were sold. Director, FRANKLIN JAMES M. completed a deal on Jan 26 ’24 to sell 5000.0 shares. Meanwhile, Director FRANKLIN JAMES M. sold 50527.0 shares on Dec 11 ’23.

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