H.C. Wainwright Maintains Buy Rating on Ur-Energy (URG)

Reported 1 day ago

H.C. Wainwright has reaffirmed a Buy rating for Ur-Energy Inc. (NYSEAMERICAN:URG), setting a price target of $2.70 following the company's strong second-quarter results, which included a 35% increase in triuranium octoxide (U3O8) production and a gross profit of $1.9 million. With significant cost reductions and long-term sales agreements in place, Ur-Energy is well-positioned for continued growth in the uranium market.

Source: YAHOO

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