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.
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