Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) Stock Gets Downgrade from Wall Street Zen

Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Frontier Nuclear and Minerals Inc. Common Shares in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has an average rating of “Sell”.

Frontier Nuclear and Minerals Inc. Common Shares Stock Performance

NASDAQ:FNUC opened at $0.70 on Friday. The stock has a fifty day moving average of $1.16 and a 200 day moving average of $2.01. The firm has a market capitalization of $12.66 million, a price-to-earnings ratio of -0.77 and a beta of 0.52. Frontier Nuclear and Minerals Inc. Common Shares has a 52-week low of $0.61 and a 52-week high of $4.11.

Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) last released its quarterly earnings results on Friday, August 21st. The company reported ($0.44) earnings per share for the quarter.

Hedge Funds Weigh In On Frontier Nuclear and Minerals Inc. Common Shares

An institutional investor recently raised its stake in Frontier Nuclear and Minerals Inc. Common Shares stock. Alps Advisors Inc. increased its position in shares of Frontier Nuclear and Minerals Inc. Common Shares (NASDAQ:FNUC) by 170.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,328,306 shares of the company’s stock after buying an additional 837,376 shares during the quarter. Alps Advisors Inc. owned about 7.37% of Frontier Nuclear and Minerals Inc. Common Shares worth $1,767,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.24% of the company’s stock.

About Frontier Nuclear and Minerals Inc. Common Shares

Frontier Nuclear and Minerals Inc is developing a U.S.-focused front-end nuclear fuel cycle company through a portfolio of U.S. uranium exploration and development projects in Wyoming, Colorado, and Utah, together with investments in next-generation uranium enrichment and small modular reactors. Frontier Nuclear is actively evaluating value-accretive investment opportunities in other sectors of the domestic U.S. nuclear fuel cycle. The group is developing a portfolio of critical minerals projects in America, Canada, and Namibia, including uranium, tantalum, cesium, and lithium.