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A Spotlight On Ur-Energy Inc.’s (TSE:URE) Fundamentals

Simply Wall St

I’ve been keeping an eye on Ur-Energy Inc. (TSE:URE) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe URE has a lot to offer. Basically, it has a a great history of performance as well as a excellent future outlook going forward. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Ur-Energy here.

High growth potential with solid track record

Investors in search for stocks with room to flourish should look no further than URE, with its expected earnings growth of 38%. This growth in the bottom-line is bolstered by an impressive top-line expansion of 91% over the same period, which is a sustainable driver of high-quality earnings, as opposed to pure cost-cutting activities. Over the past few years, URE has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, URE also outperformed its industry, which delivered a growth of 18%. This paints a buoyant picture for the company.

TSX:URE Past and Future Earnings, March 18th 2019

Next Steps:

For Ur-Energy, I’ve compiled three fundamental factors you should further examine:

  1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
  2. Valuation: What is URE worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether URE is currently mispriced by the market.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of URE? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.