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Roth MKM Keeps Their Buy Rating on UR-Energy (URG)

Tipranks - Tipranks - Fri Mar 13, 12:02AM CDT

Roth MKM analyst Joseph Reagor maintained a Buy rating on UR-Energy on March 10 and set a price target of $1.70. The company’s shares closed yesterday at $1.54.

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Reagor covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Hecla Mining Company, and Silvercorp Metals. According to TipRanks, Reagor has an average return of 30.1% and a 54.62% success rate on recommended stocks.

Currently, the analyst consensus on UR-Energy is a Strong Buy with an average price target of $2.25.

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Based on UR-Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.32 million and a GAAP net loss of $27.46 million. In comparison, last year the company earned a revenue of $6.4 million and had a GAAP net loss of $8 million

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