Energy Fuels Inc (NYSEAMERICAN:UUUU) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) have been given a consensus rating of “Moderate Buy” by the seven research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $21.80.

UUUU has been the subject of several research reports. BMO Capital Markets began coverage on Energy Fuels in a report on Friday. They set an “outperform” rating and a $18.00 price target for the company. HC Wainwright reissued a “buy” rating and issued a $29.00 price target on shares of Energy Fuels in a research note on Monday, June 22nd. 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. The Goldman Sachs Group cut their price objective on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a research report on Friday, June 12th. Finally, B. Riley Financial reduced their target price on shares of Energy Fuels from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Monday.

Energy Fuels Price Performance

Shares of NYSEAMERICAN:UUUU opened at $14.58 on Friday. The company has a current ratio of 27.51, a quick ratio of 25.59 and a debt-to-equity ratio of 0.93. Energy Fuels has a 1 year low of $8.16 and a 1 year high of $27.90. The business has a fifty day simple moving average of $13.65 and a 200 day simple moving average of $17.85. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of -45.56 and a beta of 1.53.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.65%. The firm had revenue of $25.11 million for the quarter. As a group, sell-side analysts predict that Energy Fuels will post -0.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Energy Fuels news, Director Bruce D. Hansen purchased 4,000 shares of the business’s stock in a transaction dated Wednesday, July 8th. The shares were acquired at an average price 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 legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Ross R. Bhappu acquired 74,000 shares of Energy Fuels stock in a transaction that occurred on Tuesday, July 7th. The stock was acquired at an average cost of $13.08 per share, with a total value of $967,920.00. Following the purchase, the chief executive officer owned 256,583 shares in the company, valued at $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. 0.97% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Energy Fuels

Institutional investors have recently bought and sold shares of the stock. Harbour Investments Inc. boosted its stake in shares of Energy Fuels by 74.5% during the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after acquiring an additional 741 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Energy Fuels by 75.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock valued at $25,000 after acquiring an additional 758 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new position in shares of Energy Fuels in the 4th quarter valued at approximately $27,000. State of Wyoming bought a new position in shares of Energy Fuels in the 4th quarter valued at approximately $34,000. Finally, EFG International AG acquired a new stake in Energy Fuels in the 4th quarter worth approximately $36,000. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.