Wall Street predicts Ur-Energy Inc. (URG) stock to surge by 185.71%

At the time of writing, Ur-Energy Inc. [URG] stock is trading at $1.19, down -1.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling.

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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.

For the past year, the stock price of Ur-Energy Inc. fluctuated between $0.96 and $2.01. Currently, Wall Street analysts expect the stock to reach $3.4 within the next 12 months. Ur-Energy Inc. [AMEX: URG] shares were valued at $1.19 at the most recent close of the market. An investor can expect a potential return of 185.71% based on the average URG price forecast.

Analyzing the URG fundamentals

According to Ur-Energy Inc. [AMEX:URG], the company’s sales were 15.85M for trailing twelve months, which represents an 11830.77% jump. Gross Profit Margin for this corporation currently stands at -3.59% with Operating Profit Margin at -4.66%, Pretax Profit Margin comes in at -4.78%, and Net Profit Margin reading is -4.78%. To continue investigating profitability, this company’s Return on Assets is posted at -0.34, Equity is -0.6 and Total Capital is -0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

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 1.1604 points at the first support level, and at 1.1309 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2291, and for the 2nd resistance point, it is at 1.2683.

Ratios To Look Out For

It is important to note that Ur-Energy Inc. [AMEX:URG] has a current ratio of 15.67. Further, the Quick Ratio stands at 14.50, while the Cash Ratio is 14.14. Considering the valuation of this stock, the price to sales ratio is 27.20, the price to book ratio is 3.79.

Transactions by insiders

Recent insider trading involved Parker Thomas H, Director, that happened on Sep 26 ’24 when 0.19 million shares were sold. Director, WALKER KATHY E completed a deal on Sep 26 ’24 to sell 98846.0 shares. Meanwhile, Director HUBER GARY C sold 97628.0 shares on Sep 25 ’24.

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