Ur-Energy (URE) Stock Price Down 1.1% After Insider Selling
Ur-Energy Inc. (TSE:URE) (NYSE:URG) shares traded down 1.1% during mid-day trading on Wednesday following insider selling activity. The company traded as low as C$0.83 and last traded at C$0.87. 175,875 shares changed hands during trading, an increase of 115% from the average session volume of 81,734 shares. The stock had previously closed at C$0.88.
Specifically, Director Paul Macdonell sold 68,763 shares of the stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of C$0.88, for a total transaction of C$60,511.44.
A number of equities analysts have recently issued reports on the stock. B. Riley reissued a “buy” rating on shares of Ur-Energy in a research report on Monday, November 6th. HC Wainwright reaffirmed a “buy” rating on shares of Ur-Energy in a research report on Monday, October 16th.
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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