FY2027 EPS Estimates for Ur-Energy Cut by Ventum Cap Mkts

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) – Stock analysts at Ventum Cap Mkts decreased their FY2027 EPS estimates for Ur-Energy in a research report issued to clients and investors on Thursday, November 7th. Ventum Cap Mkts analyst A. Terentiew now expects that the basic materials company will earn $0.10 per share for the year, down from their previous forecast of $0.13. The consensus estimate for Ur-Energy’s current full-year earnings is ($0.13) per share.

A number of other equities analysts have also commented on URG. B. Riley lowered their price target on shares of Ur-Energy from $3.00 to $2.00 and set a “buy” rating on the stock in a research report on Tuesday, August 20th. HC Wainwright reduced their price target on shares of Ur-Energy from $3.20 to $2.70 and set a “buy” rating on the stock in a research note on Wednesday, August 14th. Finally, Roth Mkm restated a “buy” rating and issued a $2.20 price target (up from $1.90) on shares of Ur-Energy in a research note on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $2.30.

Ur-Energy Stock Performance

Shares of URG opened at $1.17 on Monday. Ur-Energy has a fifty-two week low of $0.96 and a fifty-two week high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last announced its earnings results on Wednesday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). The business had revenue of $6.40 million for the quarter, compared to analyst estimates of $9.67 million.

Insiders Place Their Bets

In other Ur-Energy news, Director Gary C. Huber sold 97,628 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $1.23, for a total transaction of $120,082.44. Following the completion of the transaction, the director now owns 404,869 shares in the company, valued at approximately $497,988.87. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Gary C. Huber sold 97,628 shares of Ur-Energy stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $1.23, for a total value of $120,082.44. Following the completion of the sale, the director now owns 404,869 shares in the company, valued at $497,988.87. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Roger L. Smith sold 228,119 shares of the business’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $1.20, for a total transaction of $273,742.80. Following the sale, the chief financial officer now owns 613,061 shares of the company’s stock, valued at $735,673.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 605,480 shares of company stock worth $726,708. 3.29% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ur-Energy

Institutional investors have recently added to or reduced their stakes in the business. Anthracite Investment Company Inc. bought a new position in shares of Ur-Energy in the first quarter worth approximately $348,000. Vident Advisory LLC increased its position in shares of Ur-Energy by 10.1% in the first quarter. Vident Advisory LLC now owns 2,625,640 shares of the basic materials company’s stock worth $4,201,000 after purchasing an additional 241,036 shares during the last quarter. Toronto Dominion Bank increased its position in shares of Ur-Energy by 153,746.2% in the first quarter. Toronto Dominion Bank now owns 500,000 shares of the basic materials company’s stock worth $800,000 after purchasing an additional 499,675 shares during the last quarter. Tidal Investments LLC bought a new position in shares of Ur-Energy in the first quarter worth approximately $65,000. Finally, Verity Asset Management Inc. grew its position in Ur-Energy by 22.0% during the first quarter. Verity Asset Management Inc. now owns 241,729 shares of the basic materials company’s stock valued at $387,000 after acquiring an additional 43,592 shares during the last quarter. 57.51% of the stock is owned by hedge funds and other institutional investors.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.