Ur-Energy (TSE:URE) Stock Crosses Below 50-Day Moving Average – What’s Next?

by · The Cerbat Gem

Ur-Energy Inc. (TSE:UREGet Free Report) (NYSE:URG) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$1.91 and traded as low as C$1.85. Ur-Energy shares last traded at C$1.86, with a volume of 171,023 shares.

Analyst Ratings Changes

Separately, Northland Capmk upgraded shares of Ur-Energy to a “strong-buy” rating in a report on Sunday, October 26th. Three investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has an average rating of “Strong Buy”.

View Our Latest Stock Report on URE

Ur-Energy Stock Performance

The company has a debt-to-equity ratio of 0.80, a current ratio of 16.78 and a quick ratio of 4.64. The business has a 50 day moving average price of C$1.91 and a 200 day moving average price of C$1.92. The stock has a market capitalization of C$707.28 million, a PE ratio of -8.55, a PEG ratio of -0.81 and a beta of 0.78.

Ur-Energy (TSE:UREGet Free Report) (NYSE:URG) last announced its quarterly earnings results on Monday, November 3rd. The company reported C($0.07) earnings per share (EPS) for the quarter. The firm had revenue of C$6.32 million during the quarter. Ur-Energy had a negative return on equity of 38.84% and a negative net margin of 234.02%. As a group, equities research analysts expect that Ur-Energy Inc. will post 0.0273858 earnings per share for the current year.

About Ur-Energy

(Get Free Report)

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 projects are Lost Creek, Shirley Basin, and other U.S. Projects.

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