Ur-Energy Inc. (AMEX:URG) finished Wednesday with an addition of $0.04 to close at $1.13, an upside of 3.67 percent. An average of 1,171,040 shares of common stock have been traded in the last five days. There was a gain of $0.0700 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 1,081,670 shares traded, while the 50-day average volume stands at 2,143,496.
URG stock has increased by 19.07% in the last month. The company shares reached their 1-month lowest point of $0.9100 on 07/10/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $0.82 and a high of $1.50 in 52 weeks. It has reached a new high 9 times so far this year and lost -1.74% or -$0.0200 in price. In spite of this, the price is down -24.67% from the 52-week high.
Insider Transactions
URG stock investors should be aware that Ur-Energy Inc. (URG) stock had its last reported insider trading activity 41 days ago on Jun 30. In this transaction, the insider spent $64,281. Director, Chang Robby Sai Kit, disposed of 24,500 shares at a price of $1.28 on Jan 30. The insider now owns more than $31,367 worth of shares. Prior to that, Director Chang Robby Sai Kit went on to Sale 175,500 shares at $1.28 each on Jan 27. An amount of $224,535 was transacted.
Valuation Metrics
Ur-Energy Inc. (URG) stock’s beta is 1.44. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 46.29, the price-to-book (PB) ratio at 2.82.
Financial Health
The quick ratio of Ur-Energy Inc. for the recent quarter was 8.90, and the current ratio was 9.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.05 and a total debt to equity ratio of 0.10 for the recent quarter. Ur-Energy Inc.’s EBITDA margin is -85889.49%. Its gross profit as reported stood at -$6.84 million compared to revenue of $19000.0.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Ur-Energy Inc.’s return on assets was -8.90%.
Earnings Surprise
For the recent quarter, Ur-Energy Inc. had $2.89 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$7.28 million in the quarter, while revenues were grew 4.81%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Ur-Energy Inc. (URG) price momentum. RSI 9-day as of the close on 09 August was 79.56%, suggesting the stock is Overbought, with historical volatility in this time frame at 25.83%.
As of today, URG’s price is $1.0760 +6.60% or $0.0700 from its 5-day moving average. URG is currently trading +18.95% higher than its 20-day SMA and +18.55% higher than its 100-day SMA. However, the stock’s current price level is +22.64% above the SMA50 and -2.59% below the SMA200.
The stochastic %K and %D were 82.22% and 71.11%, respectively, and the average true range (ATR) was 0.0554. With the 14-day stochastic at 100.00% and the average true range at 0.0535, the RSI (14) stands at 70.81%. The stock has reached 0.0278 on the 9-day MACD Oscillator while the 14-day reading was at 0.0498.
Analyst Ratings
FBR Capital launched coverage on Ur-Energy Inc. (AMEX: URG) in its analyst report released on September 02, 2016. The firm assigned the stock an Outperform rating. The consensus rating for Ur-Energy Inc. (URG) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell URG, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.
What is URG’s price target for the next 12 months?
Analysts predict a range of price targets between $1.67 and $3.53, with a median target of $2.24. Taking a look at these predictions, the average price target given by analysts for Ur-Energy Inc. (URG) stock is $2.42.
