• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Energy Market
    Energy News
    Energy Stocks
    • Energy Market
    • Energy News
    • Energy Stocks
    uranium investing

    UR-Energy Reports Global X Completed Rebalance

    Georgia Williams
    Aug. 24, 2018 07:22AM PST
    Energy Investing

    Ur‐Energy is a uranium mining company operating the Lost Creek in‐situ recovery uranium facility in south‐central Wyoming. It has  produced, packaged and shipped more than 2.4 million pounds from Lost Creek since the commencement of operations.

    Ur‐Energy (TSX:URE,NYSEAmerican:URG) reports it has been advised that Global X Uranium Exchange Traded Fund, its largest shareholder, has completed a rebalancing of its fund in respect to its holdings in Ur-Energy.

    Ur‐Energy is a uranium mining company operating the Lost Creek in‐situ recovery uranium facility in south‐central Wyoming. It has produced, packaged and shipped more than 2.4 million pounds from Lost Creek since the commencement of operations.

    As quoted from the press release:

    Because of changes incorporated in the underlying index used by Global X, to include larger companies in various nuclear fuel cycle industries, Global X has been systematically rebalancing holdings in all uranium mining and development companies, including Ur‑Energy.

    “We are glad to have been able to assist Global X in reaching their targeted rebalance figure. Whether intended or not, this type of trading activity can have a suppressive influence on a company’s shares. We are very pleased that any pressure has been removed with the orderly completion of the Global X rebalance with respect to Ur-Energy. Overall, we feel that our registry of shareholders has been strengthened through this process. We are pleased to have Global X continue on as one of our larger shareholders, and we look forward to working with them in the future,” said Jeffrey Klenda, Chair and CEO of Ur-Energy.

    Click here to read the full announcement

    nyseamerican:urgtsx:ureuranium investingur‐energy
    The Conversation (0)

    Go Deeper

    AI Powered
    Energy Fuels

    Energy Fuels

    Uranium Energy

    Uranium Energy

    Latest News

    Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

    SAGA Metals Announces Initiation of Equity Analyst Coverage by Alphabridge Group with Outperform Rating

    Auking Completes A$5m Riverfort Facility

    Snow Lake Completes AMU Investment

    Fortune Bay: Maximizing Shareholder Value in Gold and Uranium

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Energy Investing Stocks

    Saga Metals

    SAGA:CA

    Basin Energy

    BSN:AU

    North Shore Uranium

    NSU:CC

    Skyharbour Resources

    SYH:CA

    American Uranium

    AMU:AU

    xU3O8 (uranium.io)

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×