Ur-Energy (USA) (URG) was Initiated by FBR Capital to “Outperform” and the brokerage firm has set the Price Target at $1. FBR Capital advised their investors in a research report released on Sep 2, 2016.
Ur-Energy (USA) opened for trading at $0.51 and hit $0.576 on the upside on Thursday, eventually ending the session at $0.5304, with a gain of 4.02% or 0.0205 points. The heightened volatility saw the trading volume jump to 3,93,863 shares. Company has a market cap of $76 M.
In a different news, on Feb 29, 2016, Jeffrey T. Klenda (director officer ) purchased 1,000,000 shares at $0.50 per share price. According to the SEC, on Jan 13, 2016, Steven M. Hatten (Vice President of Operations) sold 2,179 shares at $0.66 per share price. On Jan 13, 2016, John Cash (officer ) sold 2,066 shares at $0.66 per share price, according to the Form-4 filing with the securities and exchange commission.
Ur-Energy Inc. is an exploration-stage mining company. The Company is engaged in uranium mining recovery and processing activities including the acquisition exploration development and operation of uranium mineral properties located primarily in Wyoming United States. The Company has a wholly owned subsidiary Ur-Energy USA Inc. which has three wholly owned subsidiaries: NFU Wyoming LLC Lost Creek ISR LLC and Pathfinder Mines Corporation. NFU Wyoming facilitates acquisition of certain property and assets and acts as the Company’s land holding and exploration entity. Lost Creek ISR holds and operates the Company’s Lost Creek Project and certain other of Lost Creek properties and assets. Pathfinder Mines holds among other assets the Shirley Basin and Lucky Mc properties in Wyoming. The Company’s land portfolio includes 14 projects in the United States.