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UR-Energy drops 2.9%, 2 days' volume in a day February 28, 2017 17:00 EST

Feb 28, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

UR-Energy Inc. (TSX:URE), Canada's 114th largest Metals & mining company by market cap, has dropped 3.0c (2.9%) from its last trading session of February 27 to close at CAD1.01. Compared with the S&P/TSX 60 Index which fell 4.8 points (0.5%) in the day, the relative price change was -2.4%. The fall was exacerbated by high volume of 2.3 times the average daily volume of 119,465 shares.

SECTION 1

UR-ENERGY BEARISH SIGNALS

1.1 Fundamentals:

+ Total Liabilities/EBITDA of 12.3 which compares unfavourably with the Joseph Piotroski benchmark of 5...