Energy Fuels Inc (NYSEAMERICAN:UUUU) Given Consensus Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU – Get Free Report) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $21.85.

Several equities research analysts have weighed in on the company. HC Wainwright upped their price target on Energy Fuels from $29.00 to $29.25 and gave the stock a “buy” rating in a report on Tuesday, September 1st. Zacks Research cut Energy Fuels from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. BMO Capital Markets assumed coverage on Energy Fuels in a research report on Friday, August 14th. They set an “outperform” rating and a $18.00 price objective for the company. Roth Capital upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Friday, August 7th. Finally, The Goldman Sachs Group reduced their target price on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, June 12th.

Get Our Latest Report on Energy Fuels

Energy Fuels Stock Performance

Shares of UUUU stock opened at $12.34 on Tuesday. The firm has a 50 day moving average of $13.48 and a two-hundred day moving average of $16.66. The stock has a market capitalization of $3.27 billion, a PE ratio of -38.56 and a beta of 1.57. The company has a quick ratio of 25.87, a current ratio of 27.90 and a debt-to-equity ratio of 0.85. Energy Fuels has a 52 week low of $10.69 and a 52 week high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). The company had revenue of $25.11 million for the quarter. Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. On average, research analysts predict that Energy Fuels will post -0.25 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Bruce D. Hansen acquired 4,000 shares of Energy Fuels stock in a transaction dated Wednesday, July 8th. The shares were acquired at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the acquisition, the director owned 313,844 shares of the company’s stock, valued at $3,985,818.80. This trade represents a 1.29% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Ross R. Bhappu acquired 74,000 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The shares were purchased at an average cost of $13.08 per share, with a total value of $967,920.00. Following the completion of the transaction, the chief executive officer owned 256,583 shares in the company, valued at approximately $3,356,105.64. The trade was a 40.53% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.97% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

Hedge funds and other institutional investors have recently bought and sold shares of the stock. TD Asset Management Inc boosted its holdings in Energy Fuels by 7.6% during the fourth quarter. TD Asset Management Inc now owns 1,733,338 shares of the company’s stock worth $25,139,000 after buying an additional 122,086 shares in the last quarter. Goehring & Rozencwajg Associates LLC increased its holdings in Energy Fuels by 20.8% in the first quarter. Goehring & Rozencwajg Associates LLC now owns 1,484,902 shares of the company’s stock valued at $27,099,000 after buying an additional 255,494 shares in the last quarter. SG Americas Securities LLC increased its holdings in Energy Fuels by 36.6% in the first quarter. SG Americas Securities LLC now owns 1,010,166 shares of the company’s stock valued at $18,436,000 after buying an additional 270,811 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Energy Fuels by 876.1% during the 1st quarter. Royal Bank of Canada now owns 874,126 shares of the company’s stock valued at $15,953,000 after acquiring an additional 986,758 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Energy Fuels by 0.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 789,638 shares of the company’s stock valued at $14,431,000 after acquiring an additional 3,732 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

About Energy Fuels

(Get Free Report)

Energy Fuels Inc is a uranium and critical minerals company focused on the production, recovery, recycling and exploration of uranium and other strategic materials. Its principal product is uranium oxide concentrate, commonly known as yellowcake, which is used as fuel for nuclear power generation.

The company owns and operates the White Mesa Mill in Utah, a licensed facility that processes uranium-bearing ores and other materials. The mill also supports the recovery of vanadium and the production of mixed rare earth carbonate, which can be further processed into separated rare earth elements used in magnets, electronics, electric vehicles and other industrial applications.

Featured Stories