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

Energy Fuels Inc (NYSEAMERICAN:UUUU) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $21.85.

Several equities analysts recently weighed in on UUUU shares. The Goldman Sachs Group lowered their target price 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. BMO Capital Markets initiated coverage on Energy Fuels in a research report on Friday, August 14th. They issued an “outperform” rating and a $18.00 price target for the company. Roth Capital raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price objective on the stock in a research report on Friday, August 7th. Zacks Research downgraded Energy Fuels from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Finally, HC Wainwright increased their target price on shares of Energy Fuels from $29.00 to $29.25 and gave the stock a “buy” rating in a report on Tuesday, September 1st.

Energy Fuels Stock Up 0.2%

UUUU opened at $10.73 on Friday. The firm’s 50 day simple moving average is $13.19 and its two-hundred day simple moving average is $15.77. The company has a market capitalization of $2.84 billion, a PE ratio of -33.53 and a beta of 1.77. Energy Fuels has a 1-year low of $10.64 and a 1-year high of $27.90. 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 (NYSEAMERICAN:UUUU) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). The business 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 11.29%. As a group, equities analysts forecast that Energy Fuels will post -0.25 EPS for the current year.

Insider Activity at Energy Fuels

In other news, Director Bruce D. Hansen purchased 4,000 shares of the stock in a transaction on 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 completion of the acquisition, the director directly owned 313,844 shares of the company’s stock, valued at $3,985,818.80. This trade represents a 1.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ross R. Bhappu purchased 74,000 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was purchased at an average price 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 of the company’s stock, valued at approximately $3,356,105.64. This trade represents a 40.53% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.97% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UUUU. WINTON GROUP Ltd raised its holdings in Energy Fuels by 5.1% during the second quarter. WINTON GROUP Ltd now owns 193,503 shares of the company’s stock valued at $2,806,000 after acquiring an additional 9,400 shares during the period. Engineers Gate Manager LP purchased a new position in shares of Energy Fuels in the second quarter valued at about $358,000. Integrated Wealth Concepts LLC bought a new position in shares of Energy Fuels in the second quarter worth about $107,000. NewEdge Advisors LLC boosted its stake in shares of Energy Fuels by 91.7% in the second quarter. NewEdge Advisors LLC now owns 51,678 shares of the company’s stock worth $749,000 after acquiring an additional 24,723 shares during the period. Finally, Nykredit A S purchased a new stake in shares of Energy Fuels during the second quarter worth about $99,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

About Energy Fuels

Energy Fuels Inc is a U.S.-based critical minerals company focused on uranium, rare earth elements and vanadium. The company produces uranium concentrate, commonly known as yellowcake, for the nuclear energy industry and maintains a portfolio of uranium mines, mining projects and mineral properties primarily in the United States.

Energy Fuels owns and operates the White Mesa Mill in Utah, which it describes as the only conventional uranium mill currently operating in the United States.