Why Did Ur-Energy Soar 16.41%? Analysts Bullish on Expansion

Before the BellFriday, May 23, 2025 5:07 am ET
1min read

On May 23, 2025, Ur-Energy's stock surged by 16.41% in pre-market trading, marking a significant rise in its share price.

Ur-Energy Inc. has received a consensus "buy" rating from five analysts, with a 12-month price target of $2.68, which is approximately 125% higher than the current stock price. This positive outlook from analysts has likely contributed to the recent surge in the company's stock price.

Several equities analysts have issued new price targets for Ur-Energy Inc., with the highest target set at $3.741 and the lowest at $2.494. The average price target stands at $3.006, indicating a strong bullish sentiment among analysts.

Ur-Energy Inc. recently released its 2025 Q1 results and announced the receipt of final approval for the Lost Creek Expansion. This development is expected to enhance the company's production capabilities and potentially drive further growth in its stock price.

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