B. Riley Financial Cuts Energy Fuels (NYSEAMERICAN:UUUU) Price Target to $25.00

Energy Fuels (NYSEAMERICAN:UUUU) had its price target reduced by B. Riley Financial from $27.00 to $25.00 in a research report released on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other research firms have also weighed in on UUUU. HC Wainwright reaffirmed a “buy” rating and set a $29.00 price objective on shares of Energy Fuels in a report on Monday, June 22nd. The Goldman Sachs Group decreased their price target on 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, Roth Capital raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price target for the company in a report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $22.75.

Energy Fuels Stock Down 2.1%

UUUU opened at $14.47 on Monday. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of -45.22 and a beta of 1.53. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51. The firm’s 50-day simple moving average is $13.71 and its 200-day simple moving average is $17.93. Energy Fuels has a twelve month low of $8.16 and a twelve month high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.09). The firm had revenue of $25.11 million for the quarter. Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.65%. Equities research analysts anticipate that Energy Fuels will post -0.25 EPS for the current fiscal year.

Insider Transactions at Energy Fuels

In other news, CEO Ross R. Bhappu acquired 74,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was purchased at an average cost of $13.08 per share, for a total transaction of $967,920.00. Following the completion of the transaction, the chief executive officer directly owned 256,583 shares in the company, valued at $3,356,105.64. This trade represents a 40.53% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Bruce D. Hansen purchased 4,000 shares of the stock in a transaction dated Wednesday, July 8th. The shares were acquired at an average price of $12.70 per share, with a total value of $50,800.00. Following the transaction, the director owned 313,844 shares in the company, valued at $3,985,818.80. This trade represents a 1.29% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.97% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Energy Fuels by 26.1% in the fourth quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock valued at $217,449,000 after purchasing an additional 3,095,806 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Energy Fuels by 18.8% during the fourth quarter. Van ECK Associates Corp now owns 12,108,694 shares of the company’s stock worth $176,052,000 after buying an additional 1,913,952 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Energy Fuels by 4.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock worth $52,918,000 after buying an additional 410,894 shares during the period. Bank of America Corp DE increased its stake in shares of Energy Fuels by 93.6% in the 2nd quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after acquiring an additional 2,111,466 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of Energy Fuels by 108.7% in the 4th quarter. Morgan Stanley now owns 3,952,694 shares of the company’s stock valued at $57,472,000 after acquiring an additional 2,058,920 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

About Energy Fuels

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.