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The latest announcement is out from UR-Energy ( (URG) ).
Ur-Energy announced its participation in TD Cowen’s 10th Annual Nuclear Fuel Cycle and Next Generation Nuclear Roundtable, highlighting its engagement in the nuclear industry. This participation underscores Ur-Energy’s active role in the nuclear sector and may enhance its industry positioning by showcasing its capabilities and future projects to stakeholders.
The most recent analyst rating on (URG) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on UR-Energy stock, see the URG Stock Forecast page.
Spark’s Take on URG Stock
According to Spark, TipRanks’ AI Analyst, URG is a Neutral.
UR-Energy’s overall stock score reflects significant financial struggles, with persistent losses and negative cash flows being the primary concern. While technical indicators show some positive momentum, the company’s negative P/E ratio and absence of a dividend yield limit its valuation appeal. Positive corporate events, such as shareholder support, provide a measure of confidence in the company’s strategic direction.
To see Spark’s full report on URG stock, click here.
More about UR-Energy
Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in Wyoming, with a focus on uranium recovery and processing activities in the United States. The company is expanding its operations with the development of a second facility at Shirley Basin.
Average Trading Volume: 6,644,350
Technical Sentiment Signal: Buy
Current Market Cap: $660.3M
For a thorough assessment of URG stock, go to TipRanks’ Stock Analysis page.