Energy Fuels (NYSE:UUUU) Price Target Raised to $6.00 at Roth Mkm

Energy Fuels (NYSE:UUUU - Free Report) had its price target hoisted by Roth Mkm from $4.75 to $6.00 in a research report report published on Wednesday morning, Benzinga reports. Roth Mkm currently has a neutral rating on the stock.

Separately, HC Wainwright lifted their target price on Energy Fuels from $10.50 to $10.75 and gave the stock a "buy" rating in a research report on Tuesday, October 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $8.58.

Energy Fuels Stock Performance

Shares of Energy Fuels stock traded down $0.31 during trading on Wednesday, reaching $6.36. The company's stock had a trading volume of 3,712,878 shares, compared to its average volume of 3,057,045. The business's fifty day moving average price is $5.20 and its 200-day moving average price is $5.69. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -93.00 and a beta of 1.61. Energy Fuels has a one year low of $4.19 and a one year high of $8.68.

Energy Fuels (NYSE:UUUU - Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.02. The business had revenue of $8.72 million for the quarter, compared to analyst estimates of $3.85 million. Energy Fuels had a negative return on equity of 6.56% and a negative net margin of 27.23%. Sell-side analysts anticipate that Energy Fuels will post -0.11 EPS for the current year.

Institutional Trading of Energy Fuels

Large investors have recently made changes to their positions in the company. Eastern Bank acquired a new position in Energy Fuels in the 3rd quarter worth $27,000. Lynx Investment Advisory acquired a new position in shares of Energy Fuels during the 2nd quarter worth about $30,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Energy Fuels during the 2nd quarter worth about $31,000. Signaturefd LLC boosted its stake in shares of Energy Fuels by 261.7% during the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company's stock worth $33,000 after buying an additional 4,321 shares during the last quarter. Finally, Creative Planning acquired a new position in shares of Energy Fuels during the 3rd quarter worth about $57,000. Institutional investors own 48.24% of the company's stock.

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.