Energy Fuels Inc (NYSEAMERICAN:UUUU) Receives $21.85 Consensus Price Target from Analysts

Energy Fuels Inc (NYSEAMERICAN:UUUU) has received a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $21.85.

A number of analysts recently issued reports on the company. Zacks Research downgraded Energy Fuels from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. BMO Capital Markets began coverage on shares of Energy Fuels in a research report on Friday, August 14th. They issued an “outperform” rating and a $18.00 target price on the stock. The Goldman Sachs Group lowered their target price on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, June 12th. UBS Group raised shares of Energy Fuels to a “neutral” rating in a research note on Friday, August 14th. Finally, Roth Capital upgraded shares of 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.

Insider Buying and Selling at Energy Fuels

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

Institutional Investors Weigh In On Energy Fuels

Large investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. boosted its position in Energy Fuels by 74.5% in the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock valued at $25,000 after buying an additional 741 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Energy Fuels by 75.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock worth $25,000 after acquiring an additional 758 shares during the period. Mcguire Capital Advisors Inc. purchased a new stake in shares of Energy Fuels during the fourth quarter worth $27,000. State of Wyoming acquired a new stake in shares of Energy Fuels in the fourth quarter valued at $34,000. Finally, EFG International AG acquired a new stake in shares of Energy Fuels in the fourth quarter valued at $36,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Trading Down 5.0%

UUUU opened at $12.95 on Tuesday. Energy Fuels has a one year low of $10.69 and a one year high of $27.90. The stock has a market capitalization of $3.43 billion, a PE ratio of -40.47 and a beta of 1.57. The business’s 50 day moving average price is $13.51 and its 200 day moving average price is $16.76. The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.87 and a current ratio of 27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last posted 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). Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%.The business had revenue of $25.11 million for the quarter. As a group, equities research analysts expect that Energy Fuels will post -0.25 EPS for the current year.

Energy Fuels Company Profile

Energy Fuels Inc is a uranium and critical minerals company focused on the production, recovery, recycling and exploration of uranium and other strategic materials. Its principal product is uranium oxide concentrate, commonly known as yellowcake, which is used as fuel for nuclear power generation.

The company owns and operates the White Mesa Mill in Utah, a licensed facility that processes uranium-bearing ores and other materials. The mill also supports the recovery of vanadium and the production of mixed rare earth carbonate, which can be further processed into separated rare earth elements used in magnets, electronics, electric vehicles and other industrial applications.