Uranium Resources, Inc. (NASDAQ:URRE) traded down 7.6% during trading on Wednesday , AnalystRatings.NET reports. The company traded as low as $2.31 and last traded at $2.42, with a volume of 113,607 shares changing hands. The stock had previously closed at $2.62.
Separately, Zacks Investment Research upgraded shares of Uranium Resources from a “hold” rating to a “buy” rating and set a $3.50 price target for the company in a report on Saturday, March 12th.
The company’s 50 day moving average price is $3.22 and its 200-day moving average price is $6.75. The stock’s market capitalization is $157.34 million.
Uranium Resources, Inc is a uranium exploration, development and production company. The Company has approximately 195,000 acres of mineral holdings in the Grants Mineral Belt of the State of New Mexico and 17,000 acres in the South Texas uranium province. It has portfolios of uranium mineralization in the western United States of America, much of which is situated on deeded mineral rights owned directly by the Company.
Source: Ticker Report