KD Logo

B. Riley Securities initates Ur-Energy Inc (URG) stock to a Buy

In a filing, Ur-Energy Inc revealed its Director Parker Thomas H unloaded Company’s shares for reported $0.24 million on Sep 26 ’24. In the deal valued at $1.22 per share,193,574 shares were sold. As a result of this transaction, Parker Thomas H now holds 327,737 shares worth roughly $0.43 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, WALKER KATHY E sold 98,846 shares, generating $122,352 in total proceeds. Upon selling the shares at $1.24, the Director now owns 393,827 shares.

Before that, HUBER GARY C sold 97,628 shares. Ur-Energy Inc shares valued at $119,819 were divested by the Director at a price of $1.23 per share. As a result of the transaction, HUBER GARY C now holds 404,869 shares, worth roughly $0.53 million.

B. Riley Securities initiated its Ur-Energy Inc [URG] rating to a Buy in a research note published on February 02, 2024; the price target was $3. A number of analysts have revised their coverage, including FBR Capital’s analysts, who began to cover the stock in early September with a ‘”an Outperform”‘ rating. Rodman & Renshaw started covering the stock on August 10, 2011. It rated URG as “a Mkt outperform”.

Price Performance Review of URG

On Friday, Ur-Energy Inc [AMEX:URG] saw its stock jump 3.15% to $1.31. Over the last five days, the stock has lost -3.68%. Ur-Energy Inc shares have fallen nearly -14.94% since the year began. Nevertheless, the stocks have fallen -15.48% over the past one year. While a 52-week high of $2.01 was reached on 02/05/24, a 52-week low of $0.96 was recorded on 08/05/24. SMA at 50 days reached $1.2438, while 200 days put it at $1.4106.

Levels Of Support And Resistance For URG Stock

The 24-hour chart illustrates a support level at 1.2733, which if violated will result in even more drops to 1.2367. On the upside, there is a resistance level at 1.3433. A further resistance level may holdings at 1.3767. The Relative Strength Index (RSI) on the 14-day chart is 55.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0067, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.03%. Stochastics %K at 59.77% indicates the stock is a holding.

How much short interest is there in Ur-Energy Inc?

A steep rise in short interest was recorded in Ur-Energy Inc stocks on 2024-11-15, dropping by -3.9 million shares to a total of 14.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 18.55 million shares. There was a decline of -26.6%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 30, 2010 when Rodman & Renshaw resumed its ‘”a Mkt outperform”‘ rating for the stock and retained the price target to $4.25.

Most Popular