Ur-Energy Inc. (TSE:URE) (NYSE:URG) dropped 1.1% on Wednesday following insider selling activity. The company traded as low as C$0.83 and last traded at C$0.87. Approximately 175,875 shares were traded during trading, an increase of 115% from the average daily volume of 81,734 shares. The stock had previously closed at C$0.88.
Specifically, Director Paul Macdonell sold 68,763 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of C$0.88, for a total transaction of C$60,511.44.
URE has been the topic of a number of recent analyst reports. HC Wainwright restated a “buy” rating on shares of Ur-Energy in a report on Monday, October 16th. B. Riley reaffirmed a “buy” rating on shares of Ur-Energy in a research report on Monday, November 6th.
Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.
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