Zacks Investment Research downgraded shares of Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) from a buy rating to a hold rating in a research report released on Saturday morning.

According to Zacks, “Energy Fuels, Inc. is engaged in mining, production and development of uranium and vanadium. The company operates primarily in Colorado, Utah, Arizona, Wyoming and New Mexico. Energy Fuels, Inc. is based in Toronto, Canada. “

Several other analysts have also recently commented on UUUU. Noble Financial reaffirmed a buy rating on shares of Energy Fuels in a research report on Thursday, November 8th. TheStreet raised Energy Fuels from a d rating to a c- rating in a research report on Monday, November 5th. Finally, HC Wainwright set a $5.00 target price on Energy Fuels and gave the stock a buy rating in a research report on Tuesday, November 6th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Energy Fuels presently has a consensus rating of Buy and a consensus price target of $3.83.

UUUU opened at $3.18 on Friday. Energy Fuels has a fifty-two week low of $1.49 and a fifty-two week high of $4.09.

Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last released its quarterly earnings data on Monday, November 5th. The basic materials company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.11). The firm had revenue of $0.45 million during the quarter, compared to analyst estimates of $2.65 million.

Institutional investors have recently modified their holdings of the company. Rhumbline Advisers acquired a new stake in Energy Fuels during the second quarter valued at $146,000. Wells Fargo & Company MN boosted its position in Energy Fuels by 417.8% during the third quarter. Wells Fargo & Company MN now owns 46,440 shares of the basic materials company’s stock valued at $152,000 after purchasing an additional 37,472 shares during the last quarter. PEAK6 Investments LLC acquired a new stake in Energy Fuels during the third quarter valued at $168,000. Schwab Charles Investment Management Inc. acquired a new stake in Energy Fuels during the second quarter valued at $314,000. Finally, Bank of New York Mellon Corp acquired a new stake in Energy Fuels during the second quarter valued at $410,000.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of uranium in the United States. It operates in two segments, Conventional Uranium and ISR Uranium. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah.

Read More: Cost of Debt

Get a free copy of the Zacks research report on Energy Fuels (UUUU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Energy Fuels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Fuels and related companies with MarketBeat.com's FREE daily email newsletter.