Ur-Energy Inc. (AMEX:URG) traded at $1.69 at close of the session on Friday, April 26, made an upward move of 3.68% on its previous day’s price.
Looking at the stock we see that its previous close was $1.63 . In terms of its 52-week price range, URG has a high of $2.01 and a low of $0.84. The company’s stock has gained about 6.96% over that past 30 days.
Ur-Energy Inc. has a market cap of $475.95 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.01, with the EPS growth for the year raised at -$0.03 for 2024 and $0.07 for next year. These figures represent 75.00% and 333.30% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $3.37 million, with a high of $6.75 million. The median projection represents growth squeezing down to 5.30% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $42.99 million, or 143.20% up from figures reported last year.
On the other hand, looking at the outlook for the URG stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is -0.09% off its SMA20 and 3.86% from its 50-day simple moving average. The RSI (14) is pointing at 52.61 while the volatility over the past week is 5.04% and jumps to 5.29% over the past one month. The beta value is 1.11, while the average true range (ATR) is currently pointing at 0.09.
Coming back to Ur-Energy Inc. (AMEX:URG), we note that the average 3-month trading volume was 3.18 million. Current shares outstanding are 270.90 million.
The insiders hold 5.34% of the company’s shares while institutions hold 47.07%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 9.74% up in year-to-date price movement.
