Market Analysts see Ur-Energy Inc [URG] gaining to $3. Time to buy?

GOOGL

Ur-Energy Inc [AMEX: URG] stock went on an upward path that rose over 4.90% on Thursday, amounting to a one-week price decrease of less than -5.31%.

Over the last 12 months, URG stock dropped by -6.96%. The one-year Ur-Energy Inc stock forecast points to a potential downside of -242792692.79. The average equity rating for URG stock is currently 1.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $390.36 million, with 364.82 million shares outstanding and 353.99 million shares in the current float. Compared to the average trading volume of 5.39M shares, URG stock reached a trading volume of 3754692 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Ur-Energy Inc [URG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for URG shares is $2.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on URG stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

B. Riley Securities have made an estimate for Ur-Energy Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 02, 2024. While these analysts kept the previous recommendation, FBR Capital raised their target price to Outperform. The new note on the price target was released on September 02, 2016, representing the official price target for Ur-Energy Inc stock. Previously, the target price had yet another raise to $2.10, while H.C. Wainwright analysts kept a Buy rating on URG stock.

The Price to Book ratio for the last quarter was 3.17, with the Price to Cash per share for the same quarter was set at 0.21.

URG Stock Performance Analysis:

Ur-Energy Inc [URG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.31. With this latest performance, URG shares gained by 14.98% in over the last four-week period, additionally sinking by -6.96% over the last 6 months – not to mention a drop of -6.96% in the past year of trading.

Insight into Ur-Energy Inc Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Ur-Energy Inc [URG] shares currently have an operating margin of -185.84% and a Gross Margin at -163.15%. Ur-Energy Inc’s Net Margin is presently recorded at -135.13%.

Return on Equity for this stock declined to -29.59%, with Return on Assets sitting at -29.59%.

Ur-Energy Inc [URG] Institutonal Ownership Details

There are presently around $87.41%, or 88.38% of URG stock, in the hands of institutional investors. The top three institutional holders of URG stocks are: MMCAP INTERNATIONAL INC. SPC with ownership of 22.78 million shares, which is approximately 7.9553%. ALPS ADVISORS INC, holding 22.56 million shares of the stock with an approximate value of $$31.58 million in URG stocks shares; and ALPS ADVISORS INC, currently with $$27.23 million in URG stock with ownership which is approximately 6.7524%.

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