Here’s Who Just Picked Up Uranium Resources Inc (NASDAQ:URRE) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Uranium Resources Inc. (NASDAQ:URRE) reported that Resource Capital Fund V L.p. has picked up 835,554 of common stock as of 2016-12-14.

The acquisition brings the aggregate amount owned by Resource Capital Fund V L.p. to a total of 835,554 representing a 6.2% stake in the company.

For those not familiar with the company, Uranium Resources, Inc. is a uranium exploration, development and production company. The Company has approximately 190,000 acres of mineral holdings in the prolific Grants Mineral Belt of the State of New Mexico and approximately 14,000 acres in the South Texas uranium province. Its uranium exploration and development activities are focused principally in the United States and the Republic of Turkey.

A glance at Uranium Resources Inc (NASDAQ:URRE)’s key stats reveals a current market capitalization of $17.93 million based on 13.38 million shares outstanding and a price at last close of $1.34 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2014-10-15, Mccoig picked up 750 at a purchase price of $1.38. This brings their total holding to 6,736 as of the date of the filing.

On the sell side, the most recent transaction saw Mccoig unload 3,032 shares at a sale price of $2.97. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Uranium Resources Inc (NASDAQ:URRE) as things move forward to see if its progress aligns with these transactions.

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