Ur-Energy Inc. (URG) Stake Lowered by Ibex Investors LLC

Ibex Investors LLC trimmed its holdings in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 3.6% during the first quarter, HoldingsChannel.com reports. The firm owned 2,186,600 shares of the basic materials company’s stock after selling 81,000 shares during the quarter. Ur-Energy accounts for about 0.2% of Ibex Investors LLC’s investment portfolio, making the stock its 26th biggest holding. Ibex Investors LLC’s holdings in Ur-Energy were worth $1,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Verity Asset Management Inc. grew its holdings in shares of Ur-Energy by 20.5% during the fourth quarter. Verity Asset Management Inc. now owns 181,217 shares of the basic materials company’s stock worth $118,000 after purchasing an additional 30,782 shares in the last quarter. Exane Derivatives boosted its stake in Ur-Energy by 232.8% in the first quarter. Exane Derivatives now owns 629,000 shares of the basic materials company’s stock worth $518,000 after buying an additional 440,000 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in Ur-Energy in the third quarter worth approximately $773,000. Cetera Advisors LLC boosted its stake in Ur-Energy by 307.8% in the fourth quarter. Cetera Advisors LLC now owns 547,393 shares of the basic materials company’s stock worth $357,000 after buying an additional 413,167 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in Ur-Energy in the fourth quarter worth approximately $44,000.

Shares of NYSEAMERICAN:URG traded down $0.01 during trading on Wednesday, reaching $0.81. 100 shares of the company traded hands, compared to its average volume of 481,102. Ur-Energy Inc. has a 52-week low of $0.54 and a 52-week high of $0.99.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last released its quarterly earnings data on Friday, May 3rd. The basic materials company reported ($0.03) earnings per share for the quarter. The firm had revenue of $4.81 million during the quarter, compared to analysts’ expectations of $4.80 million.

A number of research firms have recently weighed in on URG. Zacks Investment Research lowered Ur-Energy from a “buy” rating to a “hold” rating in a research note on Thursday, May 9th. HC Wainwright reissued a “buy” rating and set a $1.50 price objective on shares of Ur-Energy in a research note on Monday, April 15th.

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Ur-Energy Profile

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 13 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,900 unpatented mining claims and 3 Wyoming mineral leases covering an area of approximately 37,500 acres located in the Great Divide Basin, Wyoming.

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Institutional Ownership by Quarter for Ur-Energy (NYSEAMERICAN:URG)

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