Are Hedge Funds Betting Against UR-Energy Inc. (URG)?

UR-Energy Inc. (NYSE:URG) produced a 52.83% rally since recording the worst price of $0.43. Thanks to the latest -5.8% decrease, it now trades at $0.65. Throughout the trading on 12/06/2017, the share price floated between $0.62 and $0.67. This company shares are 81.54% off its target price of $1.18 and the current market capitalization stands at $94.86M. The recent change has given its price a 12.5% lead over SMA 50 and -28.57% deficit over its 52-week high. The stock witnessed 17.97% gains, 8.37% gains and 16.49% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found URG’s volatility during a week at 9.17% and during a month it has been found around 7.87%.

UR-Energy Inc. (URG) Top Holders

Institutional investors currently hold around $20 million or 22.1% in URG stock. Look at its top three institutional owners. Global X Management Co Llc owns $11.43 million in UR-Energy Inc., which represents roughly 12.05% of the company’s market cap and approximately 57.16% of the institutional ownership. Similar statistics are true for the second largest owner, Cqs Cayman Lp, which owns 6,664,128 shares of the stock are valued at $4.6 million. The third largest holder is Vanguard Group Inc, which currently holds $2.72 million worth of this stock and that ownership represents nearly 2.87% of its market capitalization.

UR-Energy Inc. 13F Filings

At the end of 09/30/2017 reporting period, 11 institutional holders increased their position in UR-Energy Inc. (NYSE:URG) by some 935,048 shares, 7 decreased positions by 291,381 and 11 held positions by 28,079,964. That puts total institutional holdings at 29,306,393 shares, according to SEC filings. The stock grabbed 5 new institutional investments totaling 136,719 shares while 4 institutional investors sold out their entire positions totaling 275,774 shares.

UR-Energy Inc. (NYSE:URG) Insider Trades

Multiple company employees have indulged in significant insider trading. UR-Energy Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Macdonell Paul has sold 68,763 shares of UR-Energy Inc. (URG) in trading session dated Dec. 05, 2017. These shares are worth $47,446 and were traded at $0.69 each. The SEC filing shows that Klenda Jeffrey T. performed a purchase of 1,000,000 shares. The added these shares by way of transaction on Feb. 17, 2016. The company’s shares were assimilated at $0.5 per share worth to an investment of some $500,000 on account of Klenda Jeffrey T..

Vice President of Operations, Hatten Steven M., sold 2,179 common shares of UR-Energy Inc. (URG) in the open market. In a transaction dated Jan. 11, 2016, the shares were put up for sale at an average price of $0.66, raking in a sum of $1,438. After this sale, 41,622 common shares of URG are directly owned by the insider, with total stake valued at $27,054.

In the transaction dated Jan. 11, 2016, the great number of shares disposed came courtesy the CFO/Chief Admin. Officer; Smith Roger L. disposed a total of 3,471 shares at an average price of $0.66, amounting to approximately $2,291. The insider now directly owns 165,502 shares worth $107,576.

UR-Energy Inc. (URG) Analyst Guide

Several analysts have released their opinion on UR-Energy Inc. (NYSE:URG), with 3 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.

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