Energy Fuels (NYSE:UUUU) Given New $6.00 Price Target at Roth Mkm

Energy Fuels (NYSE:UUUU) had its price target lifted by Roth Mkm from $4.75 to $6.00 in a research note issued to investors on Wednesday, Benzinga reports. They currently have a neutral rating on the stock.

Separately, HC Wainwright upped their price objective 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 investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $8.58.

Energy Fuels Trading Down 4.6 %

UUUU stock opened at $6.36 on Wednesday. The business’s fifty day moving average price is $5.24 and its 200 day moving average price is $5.69. Energy Fuels has a 12-month low of $4.19 and a 12-month high of $8.68. The company has a market capitalization of $1.03 billion, a PE ratio of -90.86 and a beta of 1.61.

Energy Fuels (NYSE:UUUU) last issued its quarterly earnings results on Friday, August 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02. The business had revenue of $8.72 million for the quarter, compared to analysts’ expectations of $3.85 million. Energy Fuels had a negative net margin of 27.23% and a negative return on equity of 6.56%. Research analysts predict that Energy Fuels will post -0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in UUUU. Eastern Bank purchased a new stake in shares of Energy Fuels during 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 purchased a new position in shares of Energy Fuels in the 2nd quarter valued at about $31,000. Signaturefd LLC increased its holdings in shares of Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock valued at $33,000 after acquiring an additional 4,321 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of Energy Fuels during the 3rd quarter worth about $57,000. Institutional investors and hedge funds 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.