Analysts Issue Forecasts for Ur-Energy Inc.’s Q1 2024 Earnings (TSE:URE)

Ur-Energy Inc. (TSE:UREFree Report) (NYSE:URG) – Equities research analysts at Roth Capital lowered their Q1 2024 earnings per share (EPS) estimates for shares of Ur-Energy in a research note issued to investors on Wednesday, April 24th. Roth Capital analyst J. Reagor now expects that the company will earn ($0.03) per share for the quarter, down from their previous forecast of ($0.01). The consensus estimate for Ur-Energy’s current full-year earnings is $0.05 per share. Roth Capital also issued estimates for Ur-Energy’s FY2024 earnings at ($0.07) EPS and FY2025 earnings at $0.01 EPS.

Separately, B. Riley reaffirmed a “buy” rating on shares of Ur-Energy in a research note on Thursday, February 1st.

Check Out Our Latest Analysis on Ur-Energy

Ur-Energy Stock Up 4.1 %

Shares of TSE URE opened at C$2.31 on Friday. The company has a debt-to-equity ratio of 8.74, a current ratio of 6.34 and a quick ratio of 4.64. The company has a market cap of C$650.57 million, a P/E ratio of -14.44, a PEG ratio of -0.81 and a beta of 1.15. Ur-Energy has a 1 year low of C$1.15 and a 1 year high of C$2.72. The firm has a 50-day simple moving average of C$2.20 and a two-hundred day simple moving average of C$2.20.

Ur-Energy (TSE:UREGet Free Report) (NYSE:URG) last announced its quarterly earnings data on Wednesday, March 6th. The company reported C($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.03). The business had revenue of C$7.41 million during the quarter, compared to the consensus estimate of C$6.83 million. Ur-Energy had a negative net margin of 173.40% and a negative return on equity of 44.63%.

About Ur-Energy

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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.

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