Verity Asset Management Inc. Buys 36,822 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG)

Verity Asset Management Inc. grew its stake in Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 14.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 297,896 shares of the basic materials company’s stock after buying an additional 36,822 shares during the period. Verity Asset Management Inc.’s holdings in Ur-Energy were worth $343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. SG Americas Securities LLC grew its holdings in shares of Ur-Energy by 111.1% during the 4th quarter. SG Americas Securities LLC now owns 337,968 shares of the basic materials company’s stock worth $389,000 after purchasing an additional 177,834 shares in the last quarter. Brave Asset Management Inc. bought a new position in Ur-Energy in the fourth quarter worth $41,000. JPMorgan Chase & Co. lifted its position in Ur-Energy by 22.0% in the third quarter. JPMorgan Chase & Co. now owns 147,268 shares of the basic materials company’s stock worth $175,000 after purchasing an additional 26,531 shares during the period. Geode Capital Management LLC boosted its stake in Ur-Energy by 21.8% during the third quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company’s stock worth $4,625,000 after buying an additional 695,487 shares in the last quarter. Finally, Segra Capital Management LLC increased its holdings in Ur-Energy by 47.2% in the 3rd quarter. Segra Capital Management LLC now owns 20,945,798 shares of the basic materials company’s stock valued at $25,067,000 after buying an additional 6,718,094 shares during the period. Institutional investors own 57.51% of the company’s stock.

Analysts Set New Price Targets

Separately, Roth Mkm reaffirmed a “buy” rating and set a $2.20 price objective (up from $1.90) on shares of Ur-Energy in a report on Wednesday, October 23rd.

Ur-Energy Trading Down 1.0 %

Shares of URG stock opened at $1.04 on Tuesday. Ur-Energy Inc. has a one year low of $0.96 and a one year high of $2.01.

Ur-Energy (NYSEAMERICAN:URG) (TSE:URE) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.02). The company had revenue of $6.40 million for the quarter, compared to the consensus estimate of $9.67 million. On average, sell-side analysts anticipate that Ur-Energy Inc. will post -0.14 earnings per share for the current fiscal year.

About Ur-Energy

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.