Research Analysts Offer Predictions for Ur-Energy Inc.’s Q1 2024 Earnings (TSE:URE)

Ur-Energy Inc. (TSE:UREFree Report) (NYSE:URG) – Equities research analysts at Roth Capital dropped their Q1 2024 earnings per share estimates for Ur-Energy in a research note issued on Wednesday, April 24th. Roth Capital analyst J. Reagor now forecasts that the company will post earnings per share of ($0.03) 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.

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

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

View Our Latest Research Report on URE

Ur-Energy Stock Performance

TSE URE opened at C$2.22 on Friday. Ur-Energy has a 1-year low of C$1.15 and a 1-year high of C$2.72. 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$623.81 million, a PE ratio of -13.84, a price-to-earnings-growth ratio of -0.81 and a beta of 1.15. The stock’s 50 day simple moving average is C$2.20 and its 200-day simple moving average is C$2.20.

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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