Research Analysts Offer Predictions for Uranium Resources Inc.’s FY2016 Earnings (URRE)
Uranium Resources Inc. (NASDAQ:URRE) – Research analysts at Roth Capital cut their FY2016 earnings estimates for Uranium Resources in a research report issued to clients and investors on Sunday. Roth Capital analyst J. Reagor now anticipates that the brokerage will post earnings of ($1.98) per share for the year, down from their prior estimate of ($1.70). Roth Capital also issued estimates for Uranium Resources’ Q4 2016 earnings at ($0.32) EPS and FY2017 earnings at ($0.64) EPS.
Separately, Zacks Investment Research lowered Uranium Resources from a “buy” rating to a “hold” rating in a report on Wednesday, October 19th.
Uranium Resources (NASDAQ:URRE) opened at 1.19 on Wednesday. The stock has a 50 day moving average price of $1.26 and a 200 day moving average price of $1.51. Uranium Resources has a 52 week low of $0.97 and a 52 week high of $8.88. The company’s market cap is $10.19 million.
About Uranium Resources
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.
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