Ur-Energy Inc. (NYSEAMERICAN:URG) Shares Bought by State Street Corp

State Street Corp raised its holdings in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 19.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,383,899 shares of the basic materials company’s stock after acquiring an additional 541,777 shares during the period. State Street Corp’s holdings in Ur-Energy were worth $4,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Xponance Inc. purchased a new stake in shares of Ur-Energy in the second quarter worth about $25,000. FMR LLC lifted its holdings in Ur-Energy by 1,864.0% in the third quarter. FMR LLC now owns 29,519 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 28,016 shares during the period. Principal Financial Group Inc. purchased a new stake in Ur-Energy in the 2nd quarter worth approximately $51,000. Intech Investment Management LLC purchased a new stake in Ur-Energy in the 3rd quarter worth approximately $73,000. Finally, Ballentine Partners LLC grew its stake in shares of Ur-Energy by 235.6% during the 3rd quarter. Ballentine Partners LLC now owns 68,266 shares of the basic materials company’s stock worth $81,000 after purchasing an additional 47,922 shares during the period. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Ur-Energy Stock Down 0.9 %

Shares of Ur-Energy stock opened at $1.13 on Tuesday. The stock has a market capitalization of $411.43 million, a P/E ratio of -8.69 and a beta of 1.11. Ur-Energy Inc. has a twelve month low of $0.96 and a twelve month high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last posted its quarterly earnings data on Wednesday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). The business had revenue of $6.40 million during the quarter, compared to analysts’ expectations of $9.67 million. Analysts forecast that Ur-Energy Inc. will post -0.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reissued a “buy” rating and set a $2.20 price target (up from $1.90) on shares of Ur-Energy in a report on Wednesday, October 23rd.

Ur-Energy Company Profile

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.