Ur Energy Inc. (URE) Stock Price Prediction 2024 – 2045 (Complete Information)

Ur Energy Inc. is one of the biggest American radioactive mineral mining companies. It is situated in Littleton, United States, and has been exploring uranium since its inception in 2004. The main project of the company, the Lost Creek project, is located in Wyoming. In the first 10 years of the project’s beginning operation, Ur-Energy Inc. has produced about 1.27M kgs (2.8M pounds) of Uranium-308 isotope.

The company has plans to set up 10 more mining areas in the future to mine more Uranium minerals. In this blog post, our objective will be to run an examination of Ur Energy Inc. (URE) Stock Price prediction for 2024 – 2045.

Ur Energy Inc. (URE) Stock Price Prediction 2024 – 2045

Ur Energy Inc. (URE) Stock Price Prediction 2024

Ur Energy Inc. made its first progress in trading data in 2024 at 2.03 CAD. From June to August, we find the stock to rise continuously, however, it has now undergone a consolidation phase.

Ur Energy Inc. (URE) Stock Price Prediction 2025

The average price of the stock of Ur Energy Inc. (URE) for 2025 will be CAD 1.931, with a high forecast of CAD 2.065, and a lower forecast of CAD 1.802.

Suggested: Stallion Uranium Corp (STUD) Stock Price Prediction from 2024 – 2045 (Complete Information

Ur Energy Inc. (URE) Stock Price Prediction 2026

The average price of the stock of Ur Energy Inc. (URE) for 2026 will be CAD 2.240, with a high forecast of CAD 2.395, and a lower forecast of CAD 2.090.

Ur Energy Inc. (URE) Stock Price Prediction 2027

The average price of the stock of Ur Energy Inc. (URE) for 2027 will be CAD 2.598, with a high forecast of CAD 2.778, and a lower forecast of CAD 2.425.

Ur Energy Inc. (URE) Stock Price Prediction 2028

The average price of the stock of Ur Energy Inc. (URE) for 2028 will be CAD 3.014, with a high forecast of CAD 3.223, and a lower forecast of CAD 2.813.

Ur Energy Inc. (URE) Stock Price Prediction 2029

The average price of the stock of Ur Energy Inc. (URE) for 2029 will be CAD 3.496, with a high forecast of CAD 3.739, and a lower forecast of CAD 3.263.

Ur Energy Inc. (URE) Stock Price Prediction 2030

The average price of the stock of Ur Energy Inc. (URE) for 2030 will be CAD 4.055, with a high forecast of CAD 4.337, and a lower forecast of CAD 3.785.

Ur Energy Inc. (URE) Stock Price Prediction 2035

The average price of the stock of Ur Energy Inc. (URE) for 2035 will be CAD 8.517, with a high forecast of CAD 9.109, and a lower forecast of CAD 7.950.

Ur Energy Inc. (URE) Stock Price Prediction 2040

The average price of the stock of Ur Energy Inc. (URE) for 2040 will be CAD 17.890, with a high forecast of CAD 19.131, and a lower forecast of CAD 16.698.

Ur Energy Inc. (URE) Stock Price Prediction 2045

The average price of the stock of Ur Energy Inc. (URE) for 2045 will be CAD 37.574, with a high forecast of CAD 40.183, and a lower forecast of CAD 35.071.

Ur Energy Inc. (URE) Stock Price History from 2014 – 2024

Ur Energy Inc. (URE) Historical Stock Price in 2014

In 2014, Ur Energy Inc. (URE) started off on a positive note as the share price made new highs in the first 3 months. However, after meeting a resistance of around CA$ 2.20, an expected change was seen in the stock’s candlestick pattern. The stock price began to crumble right from March. The drop in the share price became so strong that in October, the value dropped by 21.24%. After a little recovery, URE closed at 0.99 CAD in December 2014.

Ur-Energy Inc. (URE) Historical Stock Price in 2015

In March, Ur Energy Inc. (URE) repeated exact same pattern as in 2014, i.e. – the price surpassed the previous month’s high and after that, the price began to crumble. This year though, the downfall continued till November, instead of October, as in the last year. In December, Ur Energy Inc. (URE) closed with a sudden growth of 30.88% which took the share price to 0.89 CAD.

Ur-Energy Inc. (URE) Historical Stock Price in 2016

In this year, Ur Energy Inc. (URE) showed a similar pattern in its stock price in both halves of 2016. In both of the halves, the share price of Ur-Energy Inc. (URE) started from a high value and dropped to a low value cascadingly. And, in both halves, the share price shot up at the very last moment, which caused it to reach 0.71 CAD by December.

Ur-Energy Inc. (URE) Historical Stock Price in 2017

After the 42.25% rise in the price of Ur-Energy, the share price started to fall in March 2017. URE made 4 continuous lower-lows starting from July 2017. In November and December 2017, the stock price rebounded by 17% and 7.5% in the last 2 months respectively and the price made it to 0.86 CAD by 2017.

Ur Energy Inc. (URE) Historical Stock Price in 2018

In 2018, we found the share price of Ur-Energy to rise amidst green and red candles. This uptrend of Ur-Energy in 2018 continued till September. In the remaining months, the stock traded in a sideways trend, making it stop at 0.89 CAD.

Ur-Energy Inc. (URE) Historical Stock Price in 2019

The shares of Ur-Energy turned back into the uptrend again from the very first months of the year and continuously made new price records in till July 2019. In July 2019, after the stock reached a high of 1.30 CAD, its price fell by 37.1% in that month. After 5 months of sideways trend, Ur-Energy ceased trading at 0.76 CAD by December.

Ur-Energy Inc. (URE) Historical Stock Price in 2020

Ur-Energy had 2 major outbreaks in the share price in 2020 and these two price outbreaks were the reason why it was able to reach 1.04 CAD from 0.74 CAD. The first outbreak was in April (+52%) and the second was in December (+51%) 2020.

Ur-Energy Inc. (URE) Historical Stock Price in 2021

In 2021 also the price of the stock grew, reaching up to 2.18 CAD in November. The price fell to 1.54 CAD by December 2021.

Ur-Energy Inc. (URE) Historical Stock Price in 2022 & 2023

In the year 2022, the stock continued to move in the same price range. Although from February to May 2023, the stock price moved downwards, later in the year, the stock succeeded in making a recovery.

In both 2022 and 2023, the stock closed in a negative note in December, with the price being 1.57 CAD by 2022-end and 2.02 CAD by 2023-end.

Ur Energy Inc. (URE) Stock – Technical Analysis:

Chart & trend analysis:

From the start of 2024, Ur Energy Inc. was in a sideways trend. The stock broke this trend in June 2024 with a 21.72% decline in share price. Currently, URE is running in a sideways trend.

Support and resistance analysis:

The immediate next support for tea stock is at 1.39, whereas the next strong resistance for the stock is at 2.28 CAD.

Ur Energy Inc. (URE) Stock – Fundamental Analysis:

Company financial overview:

With a market capitalization of 565.15 million Canadian dollars, Ur Energy Inc. (URE) is a midcap company listed on the Toronto Stock Exchange. The company has a debt of CA$ 8.63M on it as of 2023.

Company performance overview:

In recent years, Ur Energy Inc. has made a great improvement in its performance.  the revenue has jumped from 24.7K CAD in 2022 to a whopping 23.76M CAD in CAD (x961 times).

Disclaimer

The stock price predictions shared are for informational purposes only and ARE NOT ANY FINANCIAL ADVICE. The author and blog disclaim any responsibility for financial losses. Always seek advice from a professional before making any investment decisions.

Ur Energy Inc. (URE) Stock Price Prediction: FAQs

Hilda J. Condit

 

Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.

Over the years, I have had the privilege of working closely with the TSX, gaining valuable insights and building strong relationships with a diverse range of clients across Canada. My career has been dedicated to providing tailored investment advice and helping individuals and institutions navigate the complexities of the stock market.

In launching PredictTorontoStocks, my goal is to share my knowledge and offer precise stock price predictions to empower investors in making informed decisions. Drawing on my extensive experience and analytical skills, I am committed to delivering accurate forecasts and valuable insights that can help you achieve your investment goals.

Thank you for joining me on this journey. I look forward to contributing to your success in the dynamic world of Toronto stocks.