Energy Fuels (NYSEAMERICAN:UUUU – Free Report) had its target price cut by B. Riley Financial from $25.00 to $19.00 in a research report released on Wednesday, MarketBeat.com reports. They currently have a buy rating on the stock.
Other equities research analysts also recently issued reports about the company. Roth Capital upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Friday, August 7th. BMO Capital Markets began coverage on Energy Fuels in a research note on Friday, August 14th. They set an “outperform” rating and a $18.00 target price for the company. UBS Group raised shares of Energy Fuels to a “neutral” rating in a research report on Friday, August 14th. Zacks Research upgraded shares of Energy Fuels from a “strong sell” rating to a “hold” rating in a research note on Friday, October 9th. Finally, HC Wainwright lifted their price target on shares of Energy Fuels from $29.00 to $29.25 and gave the stock a “buy” rating in a research note on Tuesday, September 1st. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Energy Fuels currently has a consensus rating of “Moderate Buy” and an average price target of $20.65.
View Our Latest Stock Report on UUUU
Energy Fuels Stock Down 6.3%
NYSEAMERICAN:UUUU opened at $7.71 on Wednesday. The firm has a 50-day moving average of $11.38 and a two-hundred day moving average of $16.35. The company has a debt-to-equity ratio of 0.85, a current ratio of 27.90 and a quick ratio of 25.87. Energy Fuels has a 1-year low of $7.31 and a 1-year high of $27.90.
Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.09). The business had revenue of $25.11 million during the quarter. Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. As a group, equities analysts anticipate that Energy Fuels will post -0.27 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Energy Fuels
A number of hedge funds have recently bought and sold shares of UUUU. Ascentis Independent Advisors bought a new position in Energy Fuels during the first quarter worth $57,000. Knuff & Co LLC acquired a new position in Energy Fuels in the second quarter worth $54,000. Sound Income Strategies LLC boosted its holdings in Energy Fuels by 17.1% in the first quarter. Sound Income Strategies LLC now owns 4,100 shares of the company’s stock worth $74,000 after purchasing an additional 600 shares during the period. CoreCap Advisors LLC increased its stake in Energy Fuels by 591.7% during the second quarter. CoreCap Advisors LLC now owns 4,150 shares of the company’s stock valued at $60,000 after purchasing an additional 3,550 shares during the last quarter. Finally, Hilltop National Bank increased its stake in Energy Fuels by 39.1% during the second quarter. Hilltop National Bank now owns 4,284 shares of the company’s stock valued at $62,000 after purchasing an additional 1,204 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.
Energy Fuels Company Profile
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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