What is B. Riley’s Forecast for Ur-Energy FY2025 Earnings?

Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) – Equities researchers at B. Riley cut their FY2025 EPS estimates for shares of Ur-Energy in a research note issued to investors on Friday, November 8th. B. Riley analyst M. Key now forecasts that the basic materials company will earn $0.00 per share for the year, down from their prior forecast of $0.03. B. Riley currently has a “Buy” rating and a $2.00 price target on the stock. The consensus estimate for Ur-Energy’s current full-year earnings is ($0.09) per share. B. Riley also issued estimates for Ur-Energy’s FY2028 earnings at $0.21 EPS.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The firm had revenue of $6.40 million during the quarter, compared to the consensus estimate of $9.67 million.

URG has been the topic of several other research reports. HC Wainwright cut their target price on Ur-Energy from $3.20 to $2.70 and set a “buy” rating on the stock in a research note on Wednesday, August 14th. Roth Mkm reaffirmed a “buy” rating and issued a $2.20 price objective (up previously from $1.90) on shares of Ur-Energy in a report on Wednesday, October 23rd. One research analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Ur-Energy currently has an average rating of “Moderate Buy” and an average target price of $2.30.

Ur-Energy Trading Down 1.7 %

URG opened at $1.17 on Monday. The company has a market cap of $423.86 million, a PE ratio of -9.00 and a beta of 1.11. Ur-Energy has a twelve month low of $0.96 and a twelve month high of $2.01.

Hedge Funds Weigh In On Ur-Energy

Large investors have recently made changes to their positions in the business. Fourth Sail Capital LP acquired a new stake in Ur-Energy during the third quarter valued at $20,840,000. Lloyd Harbor Capital Management LLC lifted its holdings in shares of Ur-Energy by 167.4% during the 2nd quarter. Lloyd Harbor Capital Management LLC now owns 8,146,858 shares of the basic materials company’s stock valued at $11,406,000 after buying an additional 5,100,000 shares during the last quarter. Azarias Capital Management L.P. grew its stake in shares of Ur-Energy by 12.2% in the 2nd quarter. Azarias Capital Management L.P. now owns 16,370,204 shares of the basic materials company’s stock valued at $22,918,000 after buying an additional 1,786,023 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Ur-Energy in the second quarter worth approximately $1,099,000. Finally, Goehring & Rozencwajg Associates LLC increased its holdings in Ur-Energy by 21.5% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 2,931,546 shares of the basic materials company’s stock worth $4,104,000 after buying an additional 517,800 shares during the last quarter. Institutional investors and hedge funds own 57.51% of the company’s stock.

Insider Buying and Selling at Ur-Energy

In other news, Director Gary C. Huber sold 97,628 shares of the stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $1.23, for a total transaction of $120,082.44. Following the completion of the sale, the director now owns 404,869 shares in the company, valued at approximately $497,988.87. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Penne A. Goplerud sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $1.19, for a total value of $119,000.00. Following the completion of the transaction, the insider now owns 412,895 shares of the company’s stock, valued at approximately $491,345.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary C. Huber sold 97,628 shares of Ur-Energy stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of $1.23, for a total transaction of $120,082.44. Following the transaction, the director now owns 404,869 shares in the company, valued at approximately $497,988.87. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 605,480 shares of company stock valued at $726,708. 3.29% of the stock is owned by 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.