Energy Fuels’ (UUUU) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright restated their buy rating on shares of Energy Fuels (NYSE:UUUU) in a report released on Wednesday,Benzinga reports. HC Wainwright currently has a $11.00 price target on the stock.

Separately, Roth Mkm reduced their price objective on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a research note on Monday, November 4th.

Energy Fuels Price Performance

NYSE:UUUU opened at $5.99 on Wednesday. Energy Fuels has a 1 year low of $4.19 and a 1 year high of $8.21. The stock’s fifty day moving average price is $6.42 and its two-hundred day moving average price is $5.81. The company has a market cap of $1.18 billion, a P/E ratio of -27.20 and a beta of 1.64.

Energy Fuels (NYSE:UUUU) last issued 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 analysts’ expectations of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. On average, analysts expect that Energy Fuels will post -0.1 earnings per share for the current fiscal year.

Insider Activity

In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $7.23, for a total transaction of $134,586.45. Following the sale, the director now owns 291,422 shares in the company, valued at $2,106,981.06. This trade represents a 6.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.92% of the company’s stock.

Hedge Funds Weigh In On Energy Fuels

Large investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of Energy Fuels by 15.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 45,164 shares of the company’s stock worth $285,000 after acquiring an additional 5,889 shares during the last quarter. SG Americas Securities LLC boosted its position in Energy Fuels by 127.7% during the second quarter. SG Americas Securities LLC now owns 34,657 shares of the company’s stock valued at $210,000 after buying an additional 19,439 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Energy Fuels by 14.6% during the second quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company’s stock valued at $143,000 after buying an additional 3,014 shares during the last quarter. Stanley Laman Group Ltd. increased its holdings in shares of Energy Fuels by 4.9% in the second quarter. Stanley Laman Group Ltd. now owns 475,563 shares of the company’s stock worth $2,882,000 after buying an additional 22,127 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Energy Fuels by 20.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 573,284 shares of the company’s stock valued at $3,474,000 after acquiring an additional 98,895 shares during the last quarter. 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.