UPDATE: Cantor Fitzgerald Initiates Ur-Energy at Buy as Transition Begins

In a report published Monday, Cantor Fitzgerald analyst Rob Chang initiated coverage on Ur-Energy (NYSE: URG ) with a Buy rating and $1.40 price target. In the report, Cantor Fitzgerald noted, “Ur-Energy is poised to become the next U.S.-based uranium producer, with initial in-situ recovery (‘ISR') production expected later this