B. Riley analyst Nick Giles raised the firm’s price target on Ur-Energy (URG) to $2.50 from $2 and keeps a Buy rating on the shares. The firm, which believes Ur-Energy is well-positioned with costs trending downward at Lost Creek and production doubling from Shirley Basin starting in 2026, tells investors that a Shirley Basin visit reinforced its view of the company’s growth story.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on URG:
- Ur-Energy price target raised to $1.80 from $1.60 at Roth Capital
- Ur-Energy Strengthens Leadership with New VP Finance
- Ur-Energy appoints Jade Walle as VP, finance
- UR-Energy Positioned for Growth: Buy Rating Affirmed Amid Strong Infrastructure and Rising Uranium Demand
- Ur-Energy to Present at H.C. Wainwright Global Investment Conference