Ur-Energy Inc. (AMEX:URG) finished Wednesday with an addition of $0.04 to close at $1.26, an upside of 3.28 percent. An average of 1,368,820 shares of common stock have been traded in the last five days. There was a gain of $0.1400 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 1,450,730 shares traded, while the 50-day average volume stands at 2,017,580.
URG stock has increased by 23.53% in the last month. The company shares reached their 1-month lowest point of $0.9600 on 07/24/23. 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 achieved 9.57% or $0.1100 in price. In spite of this, the price is down -16.00% from the 52-week high.
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Insider Transactions
URG stock investors should be aware that Ur-Energy Inc. (URG) stock had its last reported insider trading activity 6 days ago on Aug 18. In this transaction, the insider spent $88,338. Director, FRANKLIN JAMES M., disposed of 55,653 shares at a price of $1.11 on Aug 17. The insider now owns more than $61,897 worth of shares. Prior to that, Gen Counsel and Corp Secretary GOPLERUD PENNE A went on to Sale 71,211 shares at $1.12 each on Aug 16. An amount of $79,536 was transacted.
Valuation Metrics
Ur-Energy Inc. (URG) stock’s beta is 1.39. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 48.58, the price-to-book (PB) ratio at 3.71.
Financial Health
The quick ratio of Ur-Energy Inc. for the three months ended March 30 was 8.50, and the current ratio was 9.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.04 and a total debt to equity ratio of 0.10 for the quarter ending March 30. Ur-Energy Inc.’s EBITDA margin for the year ending March 30 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 -14.00%.
Earnings Surprise
For the three-month period that ended March 30, 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%. The analyst consensus anticipated Ur-Energy Inc.’s latest quarter earnings to come in at $0 per share, but it turned out to be $0. For the quarter, EBITDA amounted to -$8.29 million. Shareholders own equity worth $264.93 million.
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 23 August was 73.88%, suggesting the stock is Overbought, with historical volatility in this time frame at 58.27%.
As of today, URG’s price is $1.2040 +12.50% or $0.1400 from its 5-day moving average. URG is currently trading +23.53% higher than its 20-day SMA and +27.85% higher than its 100-day SMA. However, the stock’s current price level is +17.76% above the SMA50 and +7.69% above the SMA200.
The stochastic %K and %D were 93.43% and 89.04%, respectively, and the average true range (ATR) was 0.0640. With the 14-day stochastic at 96.30% and the average true range at 0.0609, the RSI (14) stands at 70.78%. The stock has reached 0.0611 on the 9-day MACD Oscillator while the 14-day reading was at 0.0950.
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.
