Looking To Buy Ur-Energy Inc. (URG)? Read This First

Ur-Energy Inc. (AMEX:URG) saw an upside of 1.90% to $1.07 after adding $0.02 on Monday. The 5-day average trading volume is 664,614 shares of the company’s common stock. It has gained $1.0900 in the past week and touched a new high 3 times within the past 5 days. An average of 985,998 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,076,159.

URG’s 1-month performance is 12.83% or $0.1217 on its low of $0.9100 reached on 07/10/23. The company’s shares have touched a 52-week low of $0.82 and high of $1.50, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, URG has lost -6.96% or -$0.0800 and has reached a new high 9 times. However, the current price is down -28.67% from the 52-week high price.

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Insider Transactions

URG stock investors last saw insider trading activity on Jun 30.HATTEN STEVEN M. (Chief Operating Officer) most recently sold 62,409 shares at $1.03 per share on Jun 30. This transaction cost the insider $64,281. Director, Chang Robby Sai Kit, sold 24,500 shares at a price of $1.28 on Jan 30. Then, on Jan 27, Director Chang Robby Sai Kit sold 175,500 shares at a price of $1.28 per share. This transaction amounted to $224,535.

Valuation Metrics

URG stock has a beta of 1.45. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 43.84 while the price-to-book (PB) in the most recent quarter is 2.68.

Ur-Energy Inc.’s quick ratio for the period ended March 30 was 8.90, with the current ratio over the same period at 9.60. As well, the company’s long term debt to equity for the quarter ending March 30 was 0.05, while the total debt to equity was 0.10. In terms of profitability, the gross margin trailing 12 months is -80.10%. The trailing 12-month EBITDA margin is -85889.49%. The firm’s gross profit as reported stood at -$6.84 million against revenue of $19000.0.

Earnings Surprise

For the quarterly period ending March 30 this year, Net income shrunk -602.82% to -$0.71 million, while revenue of -$12.18 million was -1615.49% off the previous quarter. Analysts expected URG to announce $0 per share in earnings in its latest quarter, but it posted $0. EBITDA for the quarter stood at more than -$2.52 million. URG stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 52.5 million, with total debt at $10.11 million. Shareholders hold equity totaling $264.73 million.

Let’s look briefly at Ur-Energy Inc. (URG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 August was 67.75% to suggest the stock is trending Neutral, with historical volatility in this time period at 24.89%.

The stock’s 5-day moving average is $1.0600, reflecting a +1.90% or $0.0200 change from its current price. URG is currently trading +12.28% above its 20-day SMA, +4.90% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +17.17% and SMA200 by-9.32%.

Stochastic %K and %D was 66.67% and 66.16% and the average true range (ATR) pointed at 0.0479. The RSI (14) points at 61.92%, while the 14-day stochastic is at 73.33% with the period’s ATR at 0.0486. The stock’s 9-day MACD Oscillator is pointing at 0.0178 and 0.0345 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Ur-Energy Inc. (AMEX: URG), FBR Capital launched coverage with an Outperform rating.

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