Ur-Energy (URG) Sees Unusually-High Trading Volume
Shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) saw unusually-high trading volume on Monday . Approximately 1,530,324 shares changed hands during mid-day trading, an increase of 266% from the previous session’s volume of 418,417 shares.The stock last traded at $0.68 and had previously closed at $0.63.
URG has been the subject of a number of research reports. HC Wainwright set a $2.00 target price on shares of Ur-Energy and gave the stock a “buy” rating in a report on Monday, October 30th. B. Riley reissued a “buy” rating on shares of Ur-Energy in a report on Monday, November 6th. Zacks Investment Research lowered shares of Ur-Energy from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Roth Capital set a $2.00 price objective on shares of Ur-Energy and gave the company a “buy” rating in a report on Monday, October 16th. Finally, FBR & Co reiterated a “buy” rating and issued a $1.00 price objective on shares of Ur-Energy in a report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $1.38.
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Ur-Energy Company Profile
Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.
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