Energy Fuels Inc (NYSEAMERICAN:UUUU) Stock Rated “Moderate Buy” by Sell-Side Analysts

Energy Fuels Inc (NYSEAMERICAN:UUUU) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $20.65.

Several equities research analysts have recently weighed in on the company. BMO Capital Markets started coverage on Energy Fuels in a research report on Friday, August 14th. They set an “outperform” rating and a $18.00 target price on the stock. HC Wainwright upped their price target on Energy Fuels from $29.00 to $29.25 and gave the company a “buy” rating in a report on Tuesday, September 1st. Zacks Research upgraded shares of Energy Fuels from a “strong sell” rating to a “hold” rating in a research note on Friday, October 9th. UBS Group raised shares of Energy Fuels to a “neutral” rating in a report on Friday, August 14th. Finally, B. Riley Financial reduced their price objective on shares of Energy Fuels from $25.00 to $19.00 and set a “buy” rating for the company in a research report on Wednesday, October 28th.

Energy Fuels Stock Down 2.0%

Energy Fuels stock opened at $7.24 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.87 and a current ratio of 27.90. The stock’s fifty day moving average is $11.08 and its two-hundred day moving average is $16.22. Energy Fuels has a 1-year low of $7.20 and a 1-year high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) 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 for the quarter. On average, equities research analysts anticipate that Energy Fuels will post -0.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Energy Fuels

Several hedge funds and other institutional investors have recently bought and sold shares of UUUU. Alps Advisors Inc. lifted its stake in Energy Fuels by 13.9% in the third quarter. Alps Advisors Inc. now owns 11,060,390 shares of the company’s stock valued at $121,996,000 after buying an additional 1,349,502 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Energy Fuels by 48.5% in the third quarter. Kestra Advisory Services LLC now owns 33,110 shares of the company’s stock valued at $365,000 after acquiring an additional 10,811 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Energy Fuels by 10.8% during the third quarter. Commonwealth Equity Services LLC now owns 38,761 shares of the company’s stock worth $428,000 after acquiring an additional 3,767 shares during the last quarter. BOCHK Asset Management Ltd purchased a new position in shares of Energy Fuels during the third quarter worth approximately $55,000. Finally, Pilgrim Partners Asia Pte Ltd grew its position in shares of Energy Fuels by 60.6% during the third quarter. Pilgrim Partners Asia Pte Ltd now owns 10,600 shares of the company’s stock worth $117,000 after acquiring an additional 4,000 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

About Energy Fuels

Energy Fuels Inc is a U.S.-based critical minerals company focused on the exploration, recovery, processing and production of uranium, vanadium and rare earth elements. The company supplies uranium concentrates for the nuclear energy industry and also develops other critical mineral products used in advanced manufacturing, electronics and clean-energy technologies.

Energy Fuels owns and operates the White Mesa Mill in Utah, a major U.S. facility capable of processing conventional uranium and vanadium ores as well as certain alternative feed materials.