$4.11M in average volume shows that Ur-Energy Inc (URG) is heading in the right direction

On Friday, Ur-Energy Inc (AMEX: URG) opened higher 3.15% from the last session, before settling in for the closing price of $1.27. Price fluctuations for URG have ranged from $0.96 to $2.01 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Energy Sector giant saw their annual sales surged by 18565.87% over the last five years. Company’s average yearly earnings per share was noted -6.94% at the time writing. With a float of $338.00 million, this company’s outstanding shares have now reached $364.10 million.

The firm has a total of 12 workers. Let’s measure their productivity. In terms of profitability, gross margin is -371.49%, operating margin of -486.36%, and the pretax margin is -390.91%.

Ur-Energy Inc (URG) Insider Activity

A key investor’s attitude towards the stock of the Uranium industry is another important factor to consider. The insider ownership of Ur-Energy Inc is 7.17%, while institutional ownership is 68.45%. The most recent insider transaction that took place on Sep 26 ’24, was worth 236,257. In this transaction Director of this company sold 193,574 shares at a rate of $1.22, taking the stock ownership to the 327,737 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Director sold 98,846 for $1.24, making the entire transaction worth $122,352. This insider now owns 393,827 shares in total.

Ur-Energy Inc (URG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -6.94% per share during the next fiscal year.

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

Check out the current performance indicators for Ur-Energy Inc (URG). In the past quarter, the stock posted a quick ratio of 16.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 28.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.00 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 2.92 million was lower than the volume posted last year of 3.68 million. As of the previous 9 days, the stock’s Stochastic %D was 29.05%. Additionally, its Average True Range was 0.07.

During the past 100 days, Ur-Energy Inc’s (URG) raw stochastic average was set at 61.32%, which indicates a significant decrease from 68.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.65% in the past 14 days, which was lower than the 53.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.2438, while its 200-day Moving Average is $1.4106. Now, the first resistance to watch is $1.3433. This is followed by the second major resistance level at $1.3767. The third major resistance level sits at $1.4133. If the price goes on to break the first support level at $1.2733, it is likely to go to the next support level at $1.2367. Should the price break the second support level, the third support level stands at $1.2033.

Ur-Energy Inc (AMEX: URG) Key Stats

There are currently 364,101K shares outstanding in the company with a market cap of 476.97 million. Presently, the company’s annual sales total 17,680 K according to its annual income of -30,660 K. Last quarter, the company’s sales amounted to 6,400 K and its income totaled -8,000 K.