At the last check on Thursday, Ur-Energy Inc.’s (AMEX:URG) stock traded at $1.46. The average number of shares traded per day over the past five days has been 2,303,495 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.1095 fall in that time frame. In the last twenty days, the average volume was 2,102,754, while in the previous 50 days, it was 1,578,450.
Since last month, URG stock rose 19.67%. Shares of the company fell to $1.1800 on 08/23/23, the lowest level in the past month. A 52-week high of $1.62 was reached on 09/15/23 after having rallying from a 52-week low of $0.82. Since the beginning of this year, URG’s stock price has risen by 26.96% or $0.3105, and marked a new high 17 times. However, the stock has declined by -9.79% since its 52-week high.
URG stock investors should be aware that Ur-Energy Inc. (URG) stock had its last reported insider trading activity 34 days ago on Aug 18. SMITH ROGER L., the CHIEF FINANCIAL OFFICER of the company, disposed of 79,206 shares for $1.12 on Aug 18. It resulted in a $88,338 divestment by the insider. FRANKLIN JAMES M. sold 55,653 shares at an average price of $1.11 on Aug 17. The insider now owns 605,927 shares following the transaction. On Aug 16, Gen Counsel and Corp Secretary GOPLERUD PENNE A sold 71,211 shares at $1.12 apiece. The transaction was valued at $79,536.
Valuation Metrics
The stock’s beta is 1.38. Besides these, the trailing price-to-sales (P/S) ratio of 60.75, the price-to-book (PB) ratio of 4.29.
Financial Health
In the three months ended March 30, Ur-Energy Inc.’s quick ratio stood at 8.50, while its current ratio was 9.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.04, and the total debt-to-equity ratio was 0.10. On the profitability front, the trailing twelve-month gross margin is -99.40% percent. Based on annual data, URG earned -$6.84 million in gross profit and brought in $19000.0 in revenue.
In Ur-Energy Inc.’s quarter-end financial report for March 30, it reported total debt of $2.89 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. URG’s revenue rose 50.0% to $6.45 million during the quarter, while net income inched up to $40000.0. While analysts expected Ur-Energy Inc. to report $0 quarterly earnings, the actual figure was $0 per share. During the quarter, the company generated -$8.29 million in EBITDA. The liabilities of Ur-Energy Inc. were 50.2 million at the end of its most recent quarter ended March 30, and its total debt was $8.82 million. The value of shareholders’ equity is $264.93 million.
Technical Picture
This quick technical analysis looks at Ur-Energy Inc.’s (URG) price momentum. With a historical volatility rate of 44.31%, the RSI 9-day stood at 56.40% on 20 September.
With respect to its five-day moving average, the current Ur-Energy Inc. price is down by -6.97% percent or -$0.1095. At present, URG shares trade +15.91% above its 20-day simple moving average and +56.52% percent above its 100-day simple moving average. However, the stock is currently trading approximately +53.74% above its SMA50 and +15.91% above its SMA200.
Stochastic coefficient K was 53.11% and Stochastic coefficient D was 63.28%, while ATR was 0.0750. Given the Stochastic reading of 47.07% for the 14-day period, the RSI (14) reading has been calculated as 62.06%. As of today, the MACD Oscillator reading stands at -0.0321.
