Energy Fuels (NYSEAMERICAN:UUUU) Issues Earnings Results

Energy Fuels (NYSEAMERICAN:UUUU) issued its quarterly earnings data on Wednesday. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.10), FiscalAI reports. The company had revenue of $29.18 million during the quarter. Energy Fuels had a negative return on equity of 16.00% and a negative net margin of 100.40%. Energy Fuels’s quarterly revenue was up 64.8% compared to the same quarter last year.

Energy Fuels Price Performance

Shares of UUUU stock traded down $0.05 during trading hours on Friday, hitting $6.54. 5,494,432 shares of the company’s stock were exchanged, compared to its average volume of 10,209,789. The company has a market capitalization of $1.73 billion, a PE ratio of -14.54 and a beta of 1.82. The company has a current ratio of 27.90, a quick ratio of 25.87 and a debt-to-equity ratio of 0.85. Energy Fuels has a 12-month low of $6.21 and a 12-month high of $27.90. The business’s 50 day simple moving average is $10.72 and its 200-day simple moving average is $16.07.

Institutional Trading of Energy Fuels

Several hedge funds have recently added to or reduced their stakes in UUUU. Empowered Funds LLC boosted its stake in Energy Fuels by 4,108.3% during the 1st quarter. Empowered Funds LLC now owns 511,478 shares of the company’s stock valued at $9,334,000 after purchasing an additional 499,324 shares during the last quarter. Sapient Capital LLC purchased a new position in shares of Energy Fuels in the first quarter worth $6,486,000. Renaissance Technologies LLC purchased a new position in shares of Energy Fuels in the first quarter worth $11,640,000. Goehring & Rozencwajg Associates LLC lifted its holdings in shares of Energy Fuels by 20.8% during the first quarter. Goehring & Rozencwajg Associates LLC now owns 1,484,902 shares of the company’s stock valued at $27,099,000 after purchasing an additional 255,494 shares in the last quarter. Finally, Temasek Holdings Private Ltd bought a new position in shares of Energy Fuels during the first quarter valued at $10,183,000. 48.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

UUUU has been the topic of several research analyst reports. HC Wainwright cut their price objective on Energy Fuels from $29.25 to $22.50 and set a “buy” rating on the stock in a research report on Thursday. 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 research note on Friday, August 7th. B. Riley Financial reduced their target price on Energy Fuels from $25.00 to $19.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Zacks Research raised Energy Fuels from a “strong sell” rating to a “hold” rating in a research note on Friday, October 9th. Finally, UBS Group upgraded Energy Fuels to a “neutral” rating in a research report on Friday, August 14th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Energy Fuels has an average rating of “Moderate Buy” and an average target price of $19.30.

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.