Energy & Critical Metals
Ur-Energy Inc. (AMEX:URG)’s Stock Performance and Outlook
In the last trading session, 1.78 million Ur-Energy Inc. (AMEX:URG) shares changed hands as the company’s beta touched 1.45. With the company’s per…

In the last trading session, 1.78 million Ur-Energy Inc. (AMEX:URG) shares changed hands as the company’s beta touched 1.45. With the company’s per share price at $1.01 changed hands at $0.04 or 4.08% during last session, the market valuation stood at $257.50M. URG’s last price was a discount, traded about -48.51% off its 52-week high of $1.50. The share price had its 52-week low at $0.82, which suggests the last value was 18.81% up since then. When we look at Ur-Energy Inc.’s average trading volume, we note the 10-day average is 1.65 million shares, with the 3-month average coming to 1.20 million.
Ur-Energy Inc. (AMEX:URG) trade information
Instantly URG was in green as seen at the end of in last trading. With action 10.72%, the performance over the past five days has been green. The jump to weekly highs of 1.0300 on Friday, 06/02/23 added 4.08% to the stock’s daily price. The company’s shares are showing year-to-date downside of -12.17%, with the 5-day performance at 10.72% in the green. However, in the 30-day time frame, Ur-Energy Inc. (AMEX:URG) is 17.63% up. Looking at the short shares, we see there were 9.97 million shares sold at short interest cover period of 9.55 days.
Ur-Energy Inc. (URG) estimates and forecasts
Data shows that the Ur-Energy Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -23.48% over the past 6 months, a 87.50% in annual growth rate that is considerably higher than the industry average of 11.30%. Year-over-year growth is forecast to reach 159,900.00% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $930k. 2 analysts are of the opinion that Ur-Energy Inc.’s revenue for the quarter ending Sep 2023 will be $3.09 million. The company’s revenue for the corresponding quarters a year ago was $19k. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4,794.70%.
The 2023 estimates are for Ur-Energy Inc. earnings to increase by 33.70%.
URG Dividends
Ur-Energy Inc. is expected to release its next quarterly earnings report between July 31 and August 04.
Ur-Energy Inc. (AMEX:URG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.63% of Ur-Energy Inc. shares while 40.74% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 41.42%. There are 40.74% institutions holding the Ur-Energy Inc. stock share, with MMCAP International, Inc. SPC the top institutional holder. As of Mar 30, 2023, the company held 9.25% of the shares, roughly 24.49 million URG shares worth $25.96 million.
Alps Advisors Inc. holds the second largest percentage of outstanding shares, with 5.23% or 13.85 million shares worth $14.69 million as of Mar 30, 2023.
Among Mutual Funds, the top two as of Dec 30, 2022 were Sprott Uranium Miners ETF and Global X Fds-Global X Uranium ETF. With 10.46 million shares estimated at $12.03 million under it, the former controlled 3.95% of total outstanding shares. On the other hand, Global X Fds-Global X Uranium ETF held about 3.78% of the shares, roughly 10.0 million shares worth around $10.6 million.

Air Liquide to build €400+ million, 200 MW PEM electrolyzer plant in Normandy
On the occasion of the signing of a Memorandum of Understanding (MoU) to supply the TotalEnergies refinery in Gonfreville, Normandy, France, with renewable…
Lies, Damn Lies, And The Sierra Club
Lies, Damn Lies, And The Sierra Club
Authored by Tucker Davis via RealClear Wire,
Recently, the Sierra Club has been spreading a blatantly…
Junior Is Making Lithium Pivot in Quebec
Source: Streetwise Reports 09/22/2023
Fabled Copper Corp. announced the results of its first-phase sampling program at its OHM lithium property…
-
Uncategorized17 hours ago
Copper Road intersects broad zones of visible copper mineralization at its namesake project in Ontario – Richard Mills
-
Companies16 hours ago
Max discovers new copper-silver target at CESAR – Richard Mills
-
Precious Metals20 hours ago
Time to Load up on Gold and Silver
-
Financing News18 hours ago
1844 Announces a Non-Brokered Private Placement of Flow-Through Units, Extends the Previously Announced Private Placement of $2,000,000 and Provides Update Regarding Option Agreement
-
Energy & Critical Metals23 hours ago
An Improved FedEx Can Deliver A New High: This Is Why
-
Economics20 hours ago
UAW Strike Eventual Agreement Could Carry Inflationary Implications
-
Economics18 hours ago
Why Did Bill Gates Make Sudden U-Turn On Climate Doom Narrative?
-
Energy & Critical Metals14 hours ago
Lies, Damn Lies, And The Sierra Club