Energy Fuels (NYSEAMERICAN:UUUU) Sets New 1-Year Low – What’s Next?

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU – Get Free Report) hit a new 52-week low during trading on Thursday. The company traded as low as $7.79 and last traded at $7.83, with a volume of 1,426,275 shares trading hands. The stock had previously closed at $8.20.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. UBS Group upgraded shares of Energy Fuels to a “neutral” rating in a research report on Friday, August 14th. BMO Capital Markets started coverage on shares of Energy Fuels in a research report on Friday, August 14th. They issued an “outperform” rating and a $18.00 price target for the company. Zacks Research raised shares of Energy Fuels from a “strong sell” rating to a “hold” rating in a research note on Friday, October 9th. Roth Capital raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Friday, August 7th. Finally, B. Riley Financial cut their price target on shares of Energy Fuels from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels currently has an average rating of “Moderate Buy” and an average price target of $21.85.

Get Our Latest Stock Analysis on Energy Fuels

Energy Fuels Trading Down 6.2%

The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.87 and a current ratio of 27.90. The firm’s fifty day simple moving average is $12.31 and its 200-day simple moving average is $14.96. The stock has a market cap of $2.04 billion, a P/E ratio of -24.03 and a beta of 1.77.

Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.09). The firm had revenue of $25.11 million during the quarter. Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.29%. Equities research analysts expect that Energy Fuels Inc will post -0.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. bought a new position in shares of Energy Fuels during the 3rd quarter worth $218,000. Guardian Partners Inc. purchased a new position in shares of Energy Fuels in the third quarter worth about $141,000. Strengthening Families & Communities LLC increased its stake in shares of Energy Fuels by 8.4% in the third quarter. Strengthening Families & Communities LLC now owns 57,570 shares of the company’s stock worth $635,000 after purchasing an additional 4,469 shares in the last quarter. SteelPeak Wealth LLC purchased a new position in shares of Energy Fuels in the third quarter worth about $110,000. Finally, Robertson Stephens Wealth Management LLC raised its position in shares of Energy Fuels by 4.6% in the third quarter. Robertson Stephens Wealth Management LLC now owns 994,702 shares of the company’s stock valued at $10,972,000 after purchasing an additional 44,193 shares during the period. 48.24% of the stock is owned by institutional investors.

Energy Fuels Company Profile

(Get Free Report)

Energy Fuels Inc is a U.S.-based critical minerals company focused on the exploration, recovery, processing and production of uranium, vanadium and rare earth elements. The company supplies uranium concentrates for the nuclear energy industry and also develops other critical mineral products used in advanced manufacturing, electronics and clean-energy technologies.

Energy Fuels owns and operates the White Mesa Mill in Utah, a major U.S. facility capable of processing conventional uranium and vanadium ores as well as certain alternative feed materials.

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