Roth Mkm Upgrades Energy Fuels (NYSEAMERICAN:UUUU) to “Buy”

Energy Fuels (NYSEAMERICAN:UUUU) was upgraded by equities researchers at Roth Mkm from a “neutral” rating to a “buy” rating in a report released on Friday, MarketBeat Ratings reports. The brokerage presently has a $5.75 target price on the stock. Roth Mkm’s target price suggests a potential upside of 39.56% from the company’s previous close.

Separately, HC Wainwright reissued a “buy” rating and issued a $11.00 price objective on shares of Energy Fuels in a report on Wednesday, December 11th.

Energy Fuels Stock Up 2.5 %

Shares of UUUU stock opened at $4.12 on Friday. The stock has a market cap of $818.60 million, a PE ratio of -18.73 and a beta of 1.68. The business has a 50-day simple moving average of $5.37 and a 200-day simple moving average of $5.57. Energy Fuels has a 52-week low of $3.97 and a 52-week high of $7.47.

Insider Buying and Selling

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the sale, the director now directly owns 178,380 shares in the company, valued at approximately $970,387.20. The trade was a 5.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total value of $100,100.00. Following the sale, the director now owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. This trade represents a 9.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Energy Fuels

A number of large investors have recently made changes to their positions in UUUU. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Energy Fuels by 1.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,439,379 shares of the company’s stock worth $58,779,000 after acquiring an additional 155,087 shares during the period. Ameriprise Financial Inc. lifted its stake in Energy Fuels by 0.4% during the fourth quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company’s stock worth $41,159,000 after purchasing an additional 31,364 shares in the last quarter. Vanguard Group Inc. lifted its stake in Energy Fuels by 18.5% during the fourth quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company’s stock worth $38,316,000 after purchasing an additional 1,164,973 shares in the last quarter. Van ECK Associates Corp lifted its stake in Energy Fuels by 104.9% during the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after purchasing an additional 2,477,539 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Energy Fuels by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 2,330,189 shares of the company’s stock worth $11,960,000 after purchasing an additional 11,667 shares in the last quarter. 48.24% of the stock is currently 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.