Ur-energy Inc Intrinsic Stock Value – UR-ENERGY INC Sees Price Target Cut by Alliance Global Partners
April 19, 2023
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UR-ENERGY INC ($TSX:URE), a publicly traded uranium mining company, recently saw its price target reduced by Alliance Global Partners. The company’s price target was dropped from $2.75 to $2.25. UR-ENERGY INC is a leading producer of uranium in North America, with operations in Wyoming, Texas and Nebraska. The company is committed to responsible development and exploration of uranium resources, and is focused on producing the highest quality product for its customers. The reduction in the price target could be attributed to the volatile uranium market, which has seen a decrease in prices in recent years.
Despite the down market, UR-ENERGY INC has remained committed to providing clean energy solutions and remains one of the largest producers of uranium in the United States. The company has also been actively investing in new technologies and processes in order to maintain high safety and efficiency standards throughout its operations. The reduction in the stock’s price target could be seen as an opportunity for investors to take advantage of the current lower price and buy into the company at a lower cost. This could be a good strategy for those looking to invest in UR-ENERGY INC long-term and benefit from any potential growth in the market or increased demand for uranium in the future.
Share Price
This sent UR-ENERGY INC stock tumbling, as it opened at CA$1.3 and closed the day at CA$1.2, a 5.5% drop from its last closing price of CA$1.3. This marks a significant decrease in the estimated worth of the company, and investors are likely to be cautious with their next moves. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ur-energy Inc. More…
| Total Revenues | Net Income | Net Margin |
| 0.02 | -17.14 | -100010.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ur-energy Inc. More…
| Operations | Investing | Financing |
| -18.09 | -0.71 | 5.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ur-energy Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 107.89 | 45.4 | 0.28 |
Key Ratios Snapshot
Some of the financial key ratios for Ur-energy Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -91.6% | – | -87773.7% |
| FCF Margin | ROE | ROA |
| -98947.4% | -16.2% | -9.7% |
Analysis – Ur-energy Inc Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of UR-ENERGY INC‘s financials. After careful consideration, we have concluded that the fair value of UR-ENERGY INC’s share is around CA$1.0, as calculated by our proprietary Valuation Line. As of now, UR-ENERGY INC stock is traded at CA$1.2, which is 24.4% higher than its fair value. More…
Peers
The competition among uranium companies is fierce. While uranium is a necessary component for nuclear power, it is a very limited resource. The top companies in the industry, such as Ur-Energy Inc, Azincourt Energy Corp, Strateco Resources Inc, and Deep Yellow Ltd, are constantly vying for the top spot. The competition is not only for market share, but also for the limited resources available. While each company has its own strengths and weaknesses, the competition between them is always intense.
– Azincourt Energy Corp ($TSXV:AAZ)
Azincourt Energy Corp is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy projects. The company has a market cap of 12.51M as of 2022 and a ROE of 0.22%. Azincourt Energy’s focus is on developing battery metals projects that will provide critical raw materials for the rapidly growing battery market. The company’s flagship project is the East Preston uranium-graphite project located in the Athabasca Basin, Saskatchewan, Canada.
– Strateco Resources Inc ($OTCPK:SRSIF)
Strateco Resources Inc. is a Canadian company engaged in the exploration and development of uranium and other minerals. The company has a market capitalization of 4.68 million as of 2022 and a return on equity of 33.87%. The company’s primary asset is the Matoush Project, a uranium deposit located in northern Quebec, Canada.
– Deep Yellow Ltd ($ASX:DYL)
Yellow Ltd is a publicly traded company with a market capitalization of 621.82 million as of 2022. The company has a return on equity of -3.96%. Yellow Ltd is involved in the exploration, development and production of uranium in Australia and Africa.
Summary
UR-Energy Inc. is a uranium mining company that has recently seen a decrease in its price target from Alliance Global Partners from $2.75 to an undisclosed lower amount. This news has caused the stock’s price to decline. Investors should consider the fundamentals of the company when evaluating future investments, such as its current financial health, potential growth areas, and competitive position in the industry.
Additionally, investors should keep a close eye on developments within the uranium industry, government regulations, and other external factors that could influence UR-Energy’s performance. Ultimately, careful research and analysis are necessary for sound investing decisions in UR-Energy Inc.
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