Should You Sell Ur-Energy Inc (URG) And Go Away This Year?

Ur-Energy Inc (AMEX:URG) currently has a daily average trading volume of 4.59M but it saw 2732527 shares traded in last market. With a market cap of 260.04M USD, the company’s current market price of $0.71 came falling about -0.01 while comparing to the previous closing price of $0.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.84 and as low as $0.55.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which initiated the stock as “Buy” in its note to investors issued on February 02, 2024, recommending a price target of $3 for it. H.C. Wainwright issued its recommendations for the stock as it resumed the price target for the stock is $2.10.

Over the week, URG’s stock price is moving 1.25% up while it is -5.68% when we observe its performance for the past one month. Year-to-date it is -38.02% down and over the past year, the stock is showing a downside performance of -61.26%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.01 while estimate for next year EPS is -0.07. In next quarter, company is expected to be making quarterly sales of $8.63M as analysts are expecting the sales for current fiscal year at $27.97M and seeing the company making $116.63M in sales next year. Moreover, analysts are in estimates of $7.1M for current-quarter revenue.

Currently, Ur-Energy Inc’s total number of outstanding shares is 364.82M with 1.10% of that held by the insiders while 87.46% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -36.68% and return on equity (ROE) at -45.54%. It has a 15.84 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 2.11 while price to sale or P/S ratio amounts to 7.71. Its return on asset (ROA) is -29.59% on average.