Energy Fuels Inc. (NYSEAMERICAN:UUUU) Receives $11.38 Consensus Price Target from Analysts

Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUUGet Rating) (TSE:EFR) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $11.38.

Several research firms have recently commented on UUUU. TheStreet upgraded Energy Fuels from a “d+” rating to a “c-” rating in a research report on Tuesday, August 16th. Noble Financial began coverage on Energy Fuels in a research report on Friday, May 20th. They set a “buy” rating and a $13.00 price target for the company. Roth Capital restated a “buy” rating on shares of Energy Fuels in a research report on Monday, August 15th. StockNews.com upgraded Energy Fuels to a “sell” rating in a research report on Wednesday, June 15th. Finally, Canaccord Genuity Group began coverage on Energy Fuels in a research report on Thursday, July 28th. They set a “buy” rating for the company.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Dennis Lyle Higgs sold 5,000 shares of the firm’s stock in a transaction on Tuesday, August 30th. The stock was sold at an average price of $9.96, for a total value of $49,800.00. Following the sale, the director now directly owns 264,837 shares in the company, valued at $2,637,776.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.22% of the stock is owned by insiders.

Institutional Trading of Energy Fuels

A number of large investors have recently made changes to their positions in UUUU. Verition Fund Management LLC acquired a new stake in Energy Fuels during the 2nd quarter worth $62,000. ExodusPoint Capital Management LP grew its holdings in shares of Energy Fuels by 14.7% during the second quarter. ExodusPoint Capital Management LP now owns 15,355 shares of the basic materials company’s stock worth $75,000 after buying an additional 1,965 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Energy Fuels by 48.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 804,857 shares of the basic materials company’s stock valued at $3,952,000 after acquiring an additional 261,688 shares during the period. State Street Corp raised its stake in Energy Fuels by 5.4% during the 2nd quarter. State Street Corp now owns 2,545,755 shares of the basic materials company’s stock valued at $12,500,000 after acquiring an additional 130,399 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in Energy Fuels during the 2nd quarter worth approximately $533,000. 35.43% of the stock is owned by institutional investors and hedge funds.

Energy Fuels Stock Up 1.4 %

Shares of Energy Fuels stock opened at $7.24 on Monday. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of -241.25 and a beta of 1.61. Energy Fuels has a fifty-two week low of $4.69 and a fifty-two week high of $11.39. The stock has a 50 day simple moving average of $6.49.

Energy Fuels (NYSEAMERICAN:UUUUGet Rating) (TSE:EFR) last issued its quarterly earnings data on Friday, August 5th. The basic materials company reported ($0.11) earnings per share for the quarter. Energy Fuels had a negative return on equity of 16.42% and a negative net margin of 81.08%. The business had revenue of $6.47 million during the quarter. Equities research analysts predict that Energy Fuels will post -0.21 earnings per share for the current fiscal year.

Energy Fuels Company Profile

(Get Rating)

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 project located in Texas, as well as White Mesa Mill in Utah.

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