Energy Fuels (NYSE:UUUU) Earns Buy Rating from HC Wainwright

Energy Fuels (NYSE:UUUU - Get Free Report)'s stock had its "buy" rating reissued by HC Wainwright in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $11.00 target price on the stock. HC Wainwright's price objective suggests a potential upside of 71.47% from the company's current price.

Separately, Roth Mkm reduced their target price on Energy Fuels from $6.00 to $5.50 and set a "neutral" rating on the stock in a report on Monday, November 4th.

Energy Fuels Stock Performance

Shares of Energy Fuels stock remained flat at $6.42 during trading on Wednesday. The stock had a trading volume of 3,974,200 shares, compared to its average volume of 3,230,629. The company has a market capitalization of $1.26 billion, a PE ratio of -29.11 and a beta of 1.64. Energy Fuels has a 12-month low of $4.19 and a 12-month high of $8.21. The business has a 50 day simple moving average of $6.39 and a two-hundred day simple moving average of $5.81.

Energy Fuels (NYSE:UUUU - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.02). The company had revenue of $4.05 million for the quarter, compared to the consensus estimate of $5.10 million. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. As a group, sell-side analysts expect that Energy Fuels will post -0.1 earnings per share for the current year.

Insider Activity

In related news, Director Dennis Lyle Higgs sold 18,615 shares of the company's stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the completion of the transaction, the director now owns 291,422 shares of the company's stock, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.92% of the company's stock.

Institutional Investors Weigh In On Energy Fuels

Institutional investors have recently added to or reduced their stakes in the stock. Eastern Bank purchased a new position in shares of Energy Fuels during the third quarter valued at about $27,000. Ashton Thomas Private Wealth LLC bought a new stake in Energy Fuels in the 2nd quarter worth approximately $31,000. Signaturefd LLC increased its stake in Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company's stock worth $33,000 after acquiring an additional 4,321 shares during the last quarter. Northwest & Ethical Investments L.P. purchased a new stake in shares of Energy Fuels during the 3rd quarter worth approximately $53,000. Finally, Hilltop Holdings Inc. bought a new position in shares of Energy Fuels during the 3rd quarter valued at approximately $55,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.