Let’s look at the key reasons that are pushing Ur-Energy Inc. (URG) to new highs

A new trading day began on Monday, with Ur-Energy Inc. (AMEX: URG) stock price up 2.83% from the previous day of trading, before settling in for the closing price of $1.06. URG’s price has ranged from $0.96 to $2.01 over the past 52 weeks.

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Energy Sector giant saw their annual sales surged by 18565.87% over the last five years. Meanwhile, its annual earnings per share averaged 36.11%. With a float of $345.43 million, this company’s outstanding shares have now reached $362.27 million.

The firm has a total of 12 workers. Let’s measure their productivity. In terms of profitability, gross margin is -358.73%, operating margin of -466.3%, and the pretax margin is -478.44%.

Ur-Energy Inc. (URG) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Uranium Industry. The insider ownership of Ur-Energy Inc. is 4.65%, while institutional ownership is 57.86%. The most recent insider transaction that took place on Jun 24 ’24, was worth 101,739. In this transaction Director of this company sold 73,474 shares at a rate of $1.38, taking the stock ownership to the 73,572 shares. Before that another transaction happened on Jun 21 ’24, when Company’s Director sold 60,000 for $1.43, making the entire transaction worth $85,842. This insider now owns 73,572 shares in total.

Ur-Energy Inc. (URG) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 36.11% per share during the next fiscal year.

Ur-Energy Inc. (AMEX: URG) Trading Performance Indicators

Here are Ur-Energy Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 14.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 24.91.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.04 in one year’s time.

Technical Analysis of Ur-Energy Inc. (URG)

Analysing the last 5-days average volume posted by the [Ur-Energy Inc., URG], we can find that recorded value of 2.37 million was lower than the volume posted last year of 3.56 million. As of the previous 9 days, the stock’s Stochastic %D was 63.75%. Additionally, its Average True Range was 0.07.

During the past 100 days, Ur-Energy Inc.’s (URG) raw stochastic average was set at 13.78%, which indicates a significant decrease from 45.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.45% in the past 14 days, which was higher than the 52.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.3010, while its 200-day Moving Average is $1.5692. Now, the first resistance to watch is $1.1067. This is followed by the second major resistance level at $1.1233. The third major resistance level sits at $1.1467. If the price goes on to break the first support level at $1.0667, it is likely to go to the next support level at $1.0433. Now, if the price goes above the second support level, the third support stands at $1.0267.

Ur-Energy Inc. (AMEX: URG) Key Stats

With a market capitalization of 394.87 million, the company has a total of 290,452K Shares Outstanding. Currently, annual sales are 17,680 K while annual income is -30,660 K. The company’s previous quarter sales were 4,650 K while its latest quarter income was -6,580 K.