In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on UR-Energy (URG), with a price target of $2.10. The company’s shares closed last Thursday at $1.31.
According to TipRanks.com, Ihle is a top 25 analyst with an average return of 54.1% and a 72.0% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Golden Star Resources.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for UR-Energy with a $1.93 average price target.
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UR-Energy’s market cap is currently $248.1M and has a P/E ratio of -16.30. The company has a Price to Book ratio of 6.94.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of URG in relation to earlier this year. Most recently, in March 2021, Gary Huber, a Director at URG sold 128,000 shares for a total of $153,600.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. Pitman on March 22, 2004 and is headquartered in Littleton, CO.