Ur-Energy Inc. (AMEX: URG) stock fell -2.55% on Friday to $1.53 against a previous-day closing price of $1.57. With 3.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.01 million shares. During the session, the Uranium company that operates in wider Energy sector, reached to the highest price of $1.6185 whereas the lowest price it dropped to was $1.5300. The 52-week range on URG shows that it touched its highest point at $1.58 and its lowest point at $0.82 during that stretch. It currently has a 1-year price target of $2.32. Beta for the stock currently stands at 1.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of URG was up-trending over the past week, with a rise of 6.25%, but this was up by 36.61% over a month. Three-month performance surged to 45.71% while six-month performance rose 60.51%. The stock gained 11.68% in the past year, while it has gained 33.04% so far this year. A look at the trailing 12-month EPS for URG yields -0.07 with Next year EPS estimates of 0.17. For the next quarter, that number is 0.00. This implies an EPS growth rate of 33.70% for this year and 1800.00% for next year.
Float and Shares Shorts:
At present, 264.83 million URG shares are outstanding with a float of 260.25 million shares on hand for trading. On Aug 30, 2023, short shares totaled 4.94 million, which was 1.86% higher than short shares on Jul 30, 2023. In addition to Mr. John W. Cash M.Sc. as the firm’s CEO, Pres & Non-Independent Chairman, Mr. Roger L. Smith CGMA, CPA, M.B.A., MBA serves as its CFO & Chief Admin. Officer.
Through their ownership of 56.30% of URG’s outstanding shares, institutional investors have majority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, URG reported revenue of $19.00k and operating income of -$5.10M. The EBITDA in the recently reported quarter was -$4.33M and diluted EPS was -$0.00.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for URG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded URG stock several times over the past three months with 22 Buys and 20 Sells. In these transactions, 1,313,494 shares were bought while 1,036,620 shares were sold. The number of buy transactions has increased to 62 while that of sell transactions has risen to 32 over the past year. The total number of shares bought during that period was 4,567,210 while 2,588,986 shares were sold.