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Ur-Energy Inc. (URG)

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  • Apr. 14, 2011, 3:39 PM
    Uranium names back in favor today after a report suggests that related companies, so depreciated they’re trading at less than their assets would be worth in a fire sale, could see a pickup in M&A activity. Japan’s nuclear crisis made uranium miners 31% cheaper relative to book value, Bloomberg says. URG +4.4%, UEC +4.7%, URRE +0.5%, USU +1.6%, DNN +2.6%, URZ +7.6%.
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Company Description
Ur-Energy Incis a junior mining company operating the Lost Creek in-situ recovery (ISR)uranium facility in south-central Wyoming. It engages in the identification, acquisition, exploration & operation of uranium projects in the United States & Canada.