Despite Ur-Energy Inc. [URG]’s great opportunity, the stock is a bit overvalued

In yesterday’s Wall Street session, Ur-Energy Inc. (AMEX:URG) shares traded at $1.18, unchanged from the previous session.

URG stock price is now 0.58% away from the 50-day moving average and -22.26% away from the 200-day moving average. The market capitalization of the company currently stands at $427.48M.

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With the price target of $3, B. Riley Securities recently initiated with Buy rating for Ur-Energy Inc. (AMEX: URG). On September 02, 2016, FBR Capital recently initiated its ‘Outperform’ rating on the stock quoting a target price of $1, while ‘H.C. Wainwright’ rates the stock as ‘Buy’

In other news, Chang Robby Sai Kit, Director sold 73,474 shares of the company’s stock on Jun 24 ’24. The stock was sold for $101,739 at an average price of $1.38. Upon completion of the transaction, the Director now directly owns 73,572 shares in the company, valued at $86814.96. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 21 ’24, Director Chang Robby Sai Kit sold 60,000 shares of the business’s stock. A total of $85,842 was realized by selling the stock at an average price of $1.43. This leaves the insider owning 73,572 shares of the company worth $86814.96. A total of 6.42% of the company’s stock is owned by insiders.

During the past 12 months, Ur-Energy Inc. has had a low of $0.96 and a high of $2.01. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 15.67, and a quick ratio of 14.50. The fifty day moving average price for URG is $1.1672 and a two-hundred day moving average price translates $1.51585 for the stock.

The latest earnings results from Ur-Energy Inc. (AMEX: URG) was released for 2024-06-30. The net profit margin was -301.55% and return on equity was -52.46% for URG. The company reported revenue of $4.65 million for the quarter, compared to $39000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11830.77 percent.

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