Ur-Energy price target lowered to $2.20 from $2.40 at Roth MKM

Roth MKM lowered the firm’s price target on Ur-Energy to $2.20 from $2.40 and keeps a Buy rating on the shares. The firm is updating its model to reflect the company’s plans to develop the Shirley Basin project in Wyoming as well as the Lost Creek technical report that was filed recently.