Daily Market Movement: Ur-Energy Inc. (URG) Sees a -1.61 Decrease, Closing at 0.99

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The closing price of Ur-Energy Inc. (AMEX: URG) was $0.99 for the day, down -1.61% from the previous closing price of $1.01. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 2.79 million shares were traded. URG stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.975.

Ratios:

Our analysis of URG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 14.50 and its Current Ratio is at 15.67. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on February 02, 2024, initiated with a Buy rating and assigned the stock a target price of $3.

On September 02, 2016, FBR Capital started tracking the stock assigning a Outperform rating and target price of $1.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 24 ’24 when Chang Robby Sai Kit sold 73,474 shares for $1.38 per share. The transaction valued at 101,739 led to the insider holds 73,572 shares of the business.

Chang Robby Sai Kit sold 60,000 shares of URG for $85,842 on Jun 21 ’24. The Director now owns 73,572 shares after completing the transaction at $1.43 per share. On Jun 20 ’24, another insider, Chang Robby Sai Kit, who serves as the Director of the company, sold 60,100 shares for $1.47 each. As a result, the insider received 88,623 and left with 73,572 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, URG now has a Market Capitalization of 340340256 and an Enterprise Value of 299721696. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.78 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 18.915 whereas that against EBITDA is -6.927.

Stock Price History:

Over the past 52 weeks, URG has reached a high of $2.01, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -27.85%, while the 200-Day Moving Average is calculated to be -37.31%.

Shares Statistics:

URG traded an average of 4.19M shares per day over the past three months and 4482180 shares per day over the past ten days. A total of 347.35M shares are outstanding, with a floating share count of 337.66M. Insiders hold about 2.79% of the company’s shares, while institutions hold 53.83% stake in the company. Shares short for URG as of 1721001600 were 15755475 with a Short Ratio of 3.76, compared to 1718323200 on 7911908. Therefore, it implies a Short% of Shares Outstanding of 15755475 and a Short% of Float of 5.6900002.

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