Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) rose 5.9% on Thursday . The company traded as high as $0.73 and last traded at $0.72. Approximately 673,028 shares traded hands during trading, an increase of 58% from the average daily volume of 425,374 shares. The stock had previously closed at $0.68.
URG has been the subject of a number of recent research reports. Roth Capital set a $2.00 price target on Ur-Energy and gave the stock a “buy” rating in a research note on Monday, October 30th. HC Wainwright set a $2.00 price target on Ur-Energy and gave the stock a “buy” rating in a research note on Monday, October 30th. Zacks Investment Research raised Ur-Energy from a “hold” rating to a “buy” rating and set a $0.50 price target for the company in a research note on Thursday, October 19th. ValuEngine raised Ur-Energy from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, FBR & Co reaffirmed a “buy” rating and set a $1.00 price target on shares of Ur-Energy in a research note on Friday, September 1st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $1.38.
In other Ur-Energy news, Director Paul Macdonell sold 68,763 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $0.69, for a total value of $47,446.47. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Ur-Energy Company Profile
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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