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The latest update is out from UR-Energy ( (URG) ).
Ur-Energy has praised President Trump’s Executive Orders aimed at revitalizing the U.S. nuclear industry, which include plans to significantly increase nuclear power capacity and prioritize domestic nuclear development. These actions are expected to boost uranium demand, benefiting Ur-Energy’s operations at Lost Creek and the upcoming Shirley Basin project, positioning the company as a key supplier in the domestic market.
The most recent analyst rating on (URG) stock is a Buy with a $1.90 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 financial performance presents significant risks with persistent losses and negative cash flows. While the technical analysis indicates short-term positive momentum, the valuation suggests the stock is overvalued given its financials. The lack of earnings call and corporate events data limits additional insights into company performance.
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. The company is engaged in uranium mining, recovery, and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. Ur-Energy’s primary trading market is on the NYSE American under the symbol ‘URG’ and on the Toronto Stock Exchange under the symbol ‘URE.’
Average Trading Volume: 4,587,247
Technical Sentiment Signal: Sell
Current Market Cap: $317.6M
For a thorough assessment of URG stock, go to TipRanks’ Stock Analysis page.