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

Energy Fuels Inc (NYSEAMERICAN:UUUU) has been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $21.80.

A number of equities research analysts have issued reports on the stock. Zacks Research cut shares of Energy Fuels from a “hold” rating to a “strong sell” rating in a report on Tuesday. Roth Capital upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Friday, August 7th. B. Riley Financial cut their price objective on Energy Fuels from $27.00 to $25.00 and set a “buy” rating for the company in a research report on Monday. HC Wainwright restated a “buy” rating and set a $29.00 target price on shares of Energy Fuels in a research note on Monday, June 22nd. Finally, BMO Capital Markets assumed coverage on Energy Fuels in a report on Friday. They issued an “outperform” rating and a $18.00 target price on the stock.

Insider Buying and Selling

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

Institutional Trading of Energy Fuels

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Energy Fuels by 26.1% in the 4th quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock worth $217,449,000 after purchasing an additional 3,095,806 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Energy Fuels by 18.8% during the fourth quarter. Van ECK Associates Corp now owns 12,108,694 shares of the company’s stock valued at $176,052,000 after buying an additional 1,913,952 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Energy Fuels by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock valued at $52,918,000 after buying an additional 410,894 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Energy Fuels by 93.6% in the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after buying an additional 2,111,466 shares during the period. Finally, Morgan Stanley lifted its stake in shares of Energy Fuels by 108.7% in the fourth quarter. Morgan Stanley now owns 3,952,694 shares of the company’s stock valued at $57,472,000 after buying an additional 2,058,920 shares during the period. 48.24% of the stock is owned by institutional investors.

Energy Fuels Price Performance

NYSEAMERICAN UUUU opened at $14.58 on Friday. Energy Fuels has a 1 year low of $8.16 and a 1 year high of $27.90. The company has a fifty day simple moving average of $13.65 and a 200 day simple moving average of $17.85. The company has a current ratio of 27.51, a quick ratio of 25.59 and a debt-to-equity ratio of 0.93. The company has a market cap of $3.64 billion, a P/E ratio of -45.56 and a beta of 1.53.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.09). The firm had revenue of $25.11 million during the quarter. Energy Fuels had a negative return on equity of 11.65% and a negative net margin of 77.75%. On average, sell-side analysts predict that Energy Fuels will post -0.25 EPS for the current year.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.