Market Insights: Ur-Energy Inc. (URG)’s Notable Drop of -2.37, Closing at 1.65

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As of close of business last night, Ur-Energy Inc.’s stock clocked out at $1.65, down -2.37% from its previous closing price of $1.69. In other words, the price has decreased by $-2.37 from its previous closing price. On the day, 2.2 million shares were traded. URG stock price reached its highest trading level at $1.69 during the session, while it also had its lowest trading level at $1.64.

Ratios:

To gain a deeper understanding of URG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.09 and its Current Ratio is at 6.35. In the meantime, Its Debt-to-Equity ratio is 0.09 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 30 ’24 when FRANKLIN JAMES M. sold 10,000 shares for $1.83 per share. The transaction valued at 18,260 led to the insider holds 616,133 shares of the business.

FRANKLIN JAMES M. sold 5,000 shares of URG for $8,627 on Jan 26 ’24. The Director now owns 616,133 shares after completing the transaction at $1.73 per share. On Dec 11 ’23, another insider, FRANKLIN JAMES M., who serves as the Director of the company, sold 50,527 shares for $1.54 each. As a result, the insider received 77,640 and left with 616,133 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 467321216 and an Enterprise Value of 411526432. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.28 while its Price-to-Book (P/B) ratio in mrq is 5.97. Its current Enterprise Value per Revenue stands at 23.278 whereas that against EBITDA is -15.039.

Stock Price History:

The Beta on a monthly basis for URG is 1.10, which has changed by 0.98795176 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, URG has reached a high of $2.01, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 0.51%, while the 200-Day Moving Average is calculated to be 10.16%.

Shares Statistics:

It appears that URG traded 3.14M shares on average per day over the past three months and 2760290 shares per day over the past ten days. A total of 270.90M shares are outstanding, with a floating share count of 266.60M. Insiders hold about 5.34% of the company’s shares, while institutions hold 47.07% stake in the company. Shares short for URG as of 1711584000 were 6747524 with a Short Ratio of 2.15, compared to 1709164800 on 5214367. Therefore, it implies a Short% of Shares Outstanding of 6747524 and a Short% of Float of 2.4300002000000003.

Earnings Estimates

The current assessment of Ur-Energy Inc. (URG) involves the perspectives of 2 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $-0.01, while EPS last year was $-0.02. The consensus estimate for the next quarter is $-0.01, with high estimates of $0 and low estimates of $-0.02.

Analysts are recommending an EPS of between $0.03 and $-0.06 for the fiscal current year, implying an average EPS of $-0.02. EPS for the following year is $0.1, with 2 analysts recommending between $0.11 and $0.09.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $7.72M. It ranges from a high estimate of $8.7M to a low estimate of $6.75M. As of the current estimate, Ur-Energy Inc.’s year-ago sales were $3.2M, an estimated increase of 141.20% from the year-ago figure.

A total of 4 analysts have provided revenue estimates for URG’s current fiscal year. The highest revenue estimate was $51.3M, while the lowest revenue estimate was $36.1M, resulting in an average revenue estimate of $43.74M. In the same quarter a year ago, actual revenue was $17.68M, up 147.40% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $116.8M in the next fiscal year. The high estimate is $193.5M and the low estimate is $78M. The average revenue growth estimate for next year is up 167.00% from the average revenue estimate for this year.

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