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

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) have received an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $21.85.

Several equities analysts have weighed in on UUUU shares. Roth Capital upgraded 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. HC Wainwright upped their price objective on Energy Fuels from $29.00 to $29.25 and gave the stock a “buy” rating in a report on Tuesday, September 1st. BMO Capital Markets assumed coverage on Energy Fuels in a research report on Friday, August 14th. They set an “outperform” rating and a $18.00 target price for the company. UBS Group raised shares of Energy Fuels to a “neutral” rating in a report on Friday, August 14th. Finally, Zacks Research cut shares of Energy Fuels from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th.

Energy Fuels Price Performance

UUUU opened at $14.47 on Tuesday. The company has a market capitalization of $3.83 billion, a PE ratio of -45.22 and a beta of 1.57. The firm has a 50-day simple moving average of $13.52 and a two-hundred day simple moving average of $16.94. The company has a quick ratio of 25.87, a current ratio of 27.90 and a debt-to-equity ratio of 0.85. Energy Fuels has a 52 week low of $10.69 and a 52 week high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its 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 during the quarter. Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. Analysts forecast that Energy Fuels will post -0.25 earnings per share for the current fiscal year.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Bruce D. Hansen bought 4,000 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were purchased at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the transaction, the director owned 313,844 shares of the company’s stock, valued at $3,985,818.80. This represents a 1.29% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Ross R. Bhappu purchased 74,000 shares of the 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 acquisition, 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 owned by company insiders.

Institutional Investors Weigh In On Energy Fuels

Several large investors have recently added to or reduced their stakes in UUUU. Harbour Investments Inc. raised its position in Energy Fuels by 74.5% during the fourth quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares during the period. Smartleaf Asset Management LLC boosted its holdings 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 worth $25,000 after purchasing an additional 758 shares during the period. Mcguire Capital Advisors Inc. bought a new position in shares of Energy Fuels during the 4th quarter valued at approximately $27,000. State of Wyoming bought a new position in shares of Energy Fuels during the 4th quarter valued at approximately $34,000. Finally, EFG International AG purchased a new stake in Energy Fuels during the 4th quarter valued at $36,000. 48.24% of the stock is owned by institutional investors.

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.