H.C. Wainwright Reiterates a Buy Rating on UR-Energy

In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on UR-Energy (NYSE MKT: URG), with a price target of $1.50. The company’s shares closed yesterday at $0.73.

According to TipRanks.com, Ihle is a 4-star analyst with an average return of 8.6% and a 44.9% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.

UR-Energy has an analyst consensus of Moderate Buy, with a price target consensus of $1.50.

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UR-Energy’s market cap is currently $106.7M and has a P/E ratio of 72.8. The company has a Price to Book ratio of 2.75.

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Ur-Energy, Inc. is an exploration stage mining company, which engages in the development and exploration of mineral properties. Its portfolio include the Lost Creek uranium project, Shirley Basin mine site, Lost Soldier property, and Lucky Mc Mine site. The company was founded by Jeffrey T. Klenda and Paul W.