The Ur-Energy Inc. (URG) Stock Rating Upgraded by Zacks Investment Research

The Ur-Energy Inc. (URG) Stock Rating Upgraded by Zacks Investment Research

Ur-Energy Inc. (NYSEMKT:URG) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday.

According to Zacks, “UR-ENERGY INC., is a uranium exploration and development company currently completing mine planning and permitting activities to bring its Lost Creek Wyoming uranium deposit into production. Ur-Energy engages in the identification, acquisition and exploration of uranium properties in both Canada and the United States. Ur-Energy has a registered office in Ottawa, Canada and its corporate headquarters are located in Littleton, Colorado. “

Separately, FBR & Co started coverage on Ur-Energy in a research report on Friday, September 2nd. They set an “outperform” rating and a $1.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Ur-Energy currently has a consensus rating of “Buy” and a consensus target price of $1.23.

Shares of Ur-Energy (NYSEMKT:URG) opened at 0.49 on Thursday. The company’s market capitalization is $70.37 million. Ur-Energy has a 1-year low of $0.44 and a 1-year high of $0.73. The firm’s 50 day moving average price is $0.52 and its 200-day moving average price is $0.54.

Ur-Energy (NYSEMKT:URG) last posted its quarterly earnings results on Friday, July 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. Analysts expect that Ur-Energy will post ($0.02) EPS for the current year.

Ur-Energy Company Profile

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