Energy Fuels (NYSEAMERICAN:UUUU) Upgraded by BMO Capital Markets to “Strong-Buy” Rating

BMO Capital Markets upgraded shares of Energy Fuels (NYSEAMERICAN:UUUU) to a strong-buy rating in a research report report published on Friday,Zacks.com reports.

A number of other brokerages also recently commented on UUUU. Roth Capital raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Friday, August 7th. Zacks Research cut Energy Fuels from a “hold” rating to a “strong sell” rating in a research report on Tuesday. HC Wainwright reiterated a “buy” rating and issued a $29.00 price target on shares of Energy Fuels in a report on Monday, June 22nd. UBS Group raised Energy Fuels to a “neutral” rating in a research report on Friday. Finally, B. Riley Financial decreased their price objective on Energy Fuels from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Energy Fuels currently has an average rating of “Moderate Buy” and a consensus target price of $21.80.

Energy Fuels Trading Up 3.6%

NYSEAMERICAN:UUUU opened at $15.10 on Friday. Energy Fuels has a one year low of $8.16 and a one year high of $27.90. The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.59 and a current ratio of 27.90. The firm has a market cap of $3.77 billion, a P/E ratio of -47.19 and a beta of 1.53. The firm has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $17.83.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share 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 during the quarter. Equities analysts anticipate that Energy Fuels will post -0.25 EPS for the current fiscal year.

Insider Activity

In other Energy Fuels news, Director Bruce D. Hansen purchased 4,000 shares of the stock in a transaction on Wednesday, July 8th. The stock was 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 owned 313,844 shares in the company, valued at $3,985,818.80. The trade was a 1.29% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ross R. Bhappu purchased 74,000 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were acquired at an average price of $13.08 per share, for a total transaction of $967,920.00. Following the purchase, the chief executive officer directly owned 256,583 shares of the company’s stock, valued at approximately $3,356,105.64. The trade was a 40.53% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.97% of the company’s stock.

Institutional Trading of Energy Fuels

A number of institutional investors have recently bought and sold shares of the stock. Harbour Investments Inc. increased its stake in Energy Fuels by 74.5% during the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock valued at $25,000 after purchasing an additional 741 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake 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 buying an additional 758 shares during the period. Mcguire Capital Advisors Inc. purchased a new stake in shares of Energy Fuels during the fourth quarter valued at $27,000. State of Wyoming acquired a new position in shares of Energy Fuels in the 4th quarter valued at $34,000. Finally, EFG International AG purchased a new position in Energy Fuels in the 4th quarter worth $36,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.

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.