|Bid||0.0000 x 1300|
|Ask||0.0000 x 4000|
|Day's Range||0.5314 - 0.5610|
|52 Week Range||0.2700 - 0.7200|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.97|
Ur Energy (URG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ur-Energy Inc. (NYSE American: URG) (TSX: URE) ("Ur-Energy") announced today that it has entered into a securities purchase agreement with selected investors providing for the purchase and sale, in a registered direct offering of 9,000,000 common shares and accompanying one-half common share warrants to purchase up to 4,500,000 common shares, at a combined public offering price of $0.52 per common share and accompanying one-half common share warrant, with gross proceeds to Ur-Energy of $4.68 million. The common share warrants will expire two years from the date of issuance and will allow the holders to purchase our common shares at an exercise price of $0.75 per whole common share. Closing of the offering is expected to occur on or about August 4, 2020.
In southeast Utah, nerves are frayed over a pile of radioactive material parked 5,000 miles (8,000 km) away in Estonia. Regulators are weighing whether a local uranium company can import the material for processing at a mill near the border of a Native American reservation. Utah officials have no deadline for making their decision on the license approval, and will do so after "thoroughly reviewing" the high volume of public comments, said Jared Mendenhall, spokesman for the state's Department of Environmental Quality.