Ur-Energy Inc. (AMEX: URG) Stock Is Down -106.1% From Its Low: The Uptrend Is Still On

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The trading price of Ur-Energy Inc. (AMEX:URG) closed lower on Friday, April 19, closing at $1.69, -1.17% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $2.01 and a 52-week low of $0.82. Over the past month, the stock has gained 7.64% in value.

Ur-Energy Inc., whose market valuation is $475.95 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Ur-Energy Inc. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest URG has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that URG’s price is currently 0.87% off the SMA20 and 2.69% off the SMA50. The RSI metric on the 14-day chart is currently showing 52.46, and weekly volatility stands at 4.32%. When measured over the past 30 days, the indicator reaches 5.19%. Ur-Energy Inc. (AMEX:URG)’s beta value is currently sitting at 1.08, while the Average True Range indicator is currently displaying 0.08.

To see how Ur-Energy Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: URG stock’s performance was -1.17% in the latest trading, and 85.10% in the past year.

An evaluation of the daily trading volume of Ur-Energy Inc. (AMEX:URG) indicates that the 3-month average is 3.15 million.

Currently, records show that 270.90 million of the company’s shares remain outstanding. The insiders hold 5.34% of outstanding shares, whereas institutions hold 47.07%. However, since the stock’s price has seen 9.74% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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