Ur Energy Ownership
| URE Stock | CAD 1.18 0.01 0.85% |
Shares in Circulation | First Issued 2006-03-31 | Previous Quarter 286.4 M | Current Value 286.4 M | Avarage Shares Outstanding 144 M | Quarterly Volatility 56.2 M |
URE |
URE Stock Ownership Analysis
About 83.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.94. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Ur Energy has Price/Earnings To Growth (PEG) ratio of 0.37. The entity recorded a loss per share of 0.19. The firm last dividend was issued on the September 21, 2010. Ur Energy had 2:1 split on the 17th of July 2017. Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company was founded in 2004 and is headquartered in Littleton, Colorado. UR ENERGY operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 42 people. For more information please call John MSc at 720 981 4588 or visit https://www.ur-energy.com.Ur Energy Outstanding Bonds
Ur Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ur Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most URE bonds can be classified according to their maturity, which is the date when Ur Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with Ur Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ur Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ur Energy will appreciate offsetting losses from the drop in the long position's value.Moving against URE Stock
| 0.92 | JNJ | Johnson Johnson CDR | PairCorr |
| 0.85 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.84 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.78 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.72 | VISA | Visa Inc CDR | PairCorr |
The ability to find closely correlated positions to Ur Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ur Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ur Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ur Energy to buy it.
The correlation of Ur Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ur Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ur Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ur Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.