Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSE:EFR) have been given a consensus recommendation of “Buy” by the six brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $2.63.
Several research firms recently issued reports on UUUU. HC Wainwright reduced their price objective on shares of Energy Fuels from $3.00 to $2.75 and set a “buy” rating for the company in a research note on Wednesday, November 25th. Roth Capital reduced their price objective on shares of Energy Fuels from $3.00 to $2.50 and set a “buy” rating for the company in a research note on Thursday, November 12th. Zacks Investment Research lowered shares of Energy Fuels from a “hold” rating to a “sell” rating in a research note on Wednesday, October 21st. BidaskClub raised shares of Energy Fuels from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 25th. Finally, Noble Financial reaffirmed a “hold” rating on shares of Energy Fuels in a research note on Thursday, October 1st.
In related news, insider Curtis Moore sold 24,750 shares of Energy Fuels stock in a transaction on Tuesday, January 5th. The shares were sold at an average price of $4.01, for a total value of $99,247.50.
Several large investors have recently bought and sold shares of the company. WealthStone Inc. bought a new stake in Energy Fuels in the third quarter valued at about $34,000. Commonwealth Equity Services LLC acquired a new position in shares of Energy Fuels during the second quarter worth approximately $40,000. BNP Paribas Arbitrage SA lifted its position in shares of Energy Fuels by 543.3% during the third quarter. BNP Paribas Arbitrage SA now owns 27,207 shares of the basic materials company’s stock worth $45,000 after purchasing an additional 22,978 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Energy Fuels by 13.9% during the third quarter. Van ECK Associates Corp now owns 32,289 shares of the basic materials company’s stock worth $54,000 after purchasing an additional 3,931 shares in the last quarter. Finally, Caption Management LLC acquired a new position in shares of Energy Fuels during the second quarter worth approximately $67,000.
Shares of NYSEAMERICAN:UUUU traded up $0.23 during trading on Wednesday, reaching $3.99. 5,932,519 shares of the company traded hands, compared to its average volume of 4,908,328. Energy Fuels has a 1-year low of $0.78 and a 1-year high of $4.82. The firm has a fifty day simple moving average of $3.73 and a 200 day simple moving average of $2.30.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last released its quarterly earnings data on Friday, October 30th. The basic materials company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.03). The company had revenue of $0.49 million for the quarter, compared to analyst estimates of $1.65 million.
Energy Fuels Company Profile
Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch project, the Jane Dough property, and the Hank project located in Wyoming; and the Alta Mesa in-situ uranium project located in Texas, as well as White Mesa Mill in Utah.
Further Reading: Accumulation/Distribution
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