BNP Paribas Financial Markets Has $189,000 Stock Position in Ur-Energy Inc. (NYSEAMERICAN:URG)

BNP Paribas Financial Markets grew its holdings in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 62.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 158,693 shares of the basic materials company’s stock after acquiring an additional 61,260 shares during the quarter. BNP Paribas Financial Markets’ holdings in Ur-Energy were worth $189,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of URG. FMR LLC raised its stake in Ur-Energy by 1,864.0% during the 3rd quarter. FMR LLC now owns 29,519 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 28,016 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Ur-Energy by 16,425.3% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 17,650,333 shares of the basic materials company’s stock worth $21,004,000 after purchasing an additional 17,543,525 shares during the period. Mirabella Financial Services LLP bought a new position in shares of Ur-Energy during the 3rd quarter worth about $3,209,000. Charles Schwab Investment Management Inc. raised its position in shares of Ur-Energy by 21.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 811,420 shares of the basic materials company’s stock valued at $966,000 after buying an additional 141,766 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in shares of Ur-Energy in the third quarter valued at about $73,000. Institutional investors and hedge funds own 57.51% of the company’s stock.

Ur-Energy Stock Performance

Shares of NYSEAMERICAN:URG opened at $1.17 on Wednesday. Ur-Energy Inc. has a 52 week low of $0.96 and a 52 week high of $2.01. The firm has a market capitalization of $424.18 million, a PE ratio of -8.96 and a beta of 1.11.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings results on Wednesday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). The firm had revenue of $6.40 million during the quarter, compared to analyst estimates of $9.67 million. On average, sell-side analysts forecast that Ur-Energy Inc. will post -0.14 EPS for the current year.

Analyst Ratings Changes

URG has been the topic of several recent research reports. Roth Mkm reissued a “buy” rating and set a $2.20 price objective (up previously from $1.90) on shares of Ur-Energy in a report on Wednesday, October 23rd. B. Riley decreased their price target on shares of Ur-Energy from $3.00 to $2.00 and set a “buy” rating on the stock in a research note on Tuesday, August 20th.

Insider Transactions at Ur-Energy

In other news, COO Steven M. Hatten sold 179,733 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $1.19, for a total transaction of $213,882.27. Following the completion of the sale, the chief operating officer now owns 303,977 shares in the company, valued at $361,732.63. The trade was a 37.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Roger L. Smith sold 228,119 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $1.20, for a total value of $273,742.80. Following the sale, the chief financial officer now directly owns 613,061 shares of the company’s stock, valued at $735,673.20. This represents a 27.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 605,480 shares of company stock valued at $726,708 in the last three months. 3.29% of the stock is owned by corporate insiders.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.