Energy Fuels (NYSEAMERICAN:UUUU) Upgraded by The Goldman Sachs Group to “Strong-Buy” Rating

Energy Fuels (NYSEAMERICAN:UUUU) was upgraded by The Goldman Sachs Group to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

A number of other research analysts have also recently weighed in on UUUU. Roth Mkm upgraded shares of Energy Fuels from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $13.00 to $15.50 in a report on Wednesday, January 28th. HC Wainwright restated a “buy” rating and issued a $26.75 price target on shares of Energy Fuels in a research note on Friday, January 9th. Finally, B. Riley Financial increased their price objective on Energy Fuels to $27.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels presently has a consensus rating of “Buy” and an average target price of $24.81.

Energy Fuels Price Performance

Shares of Energy Fuels stock opened at $22.46 on Tuesday. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of -45.84 and a beta of 1.45. The business has a 50-day moving average of $18.79 and a 200 day moving average of $16.15. Energy Fuels has a 12 month low of $3.20 and a 12 month high of $27.90.

Insiders Place Their Bets

In related news, Director Alex G. Morrison sold 38,869 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $14.32, for a total transaction of $556,604.08. Following the completion of the transaction, the director owned 110,878 shares in the company, valued at approximately $1,587,772.96. The trade was a 25.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dennis Lyle Higgs sold 10,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $14.39, for a total value of $143,900.00. Following the completion of the sale, the director owned 167,964 shares in the company, valued at approximately $2,417,001.96. This represents a 5.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 463,119 shares of company stock worth $6,935,437. 1.77% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Energy Fuels

Large investors have recently bought and sold shares of the stock. Harbour Investments Inc. increased its position in shares of Energy Fuels by 74.5% during the fourth quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Energy Fuels by 3,820.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock worth $26,000 after buying an additional 1,643 shares during the last quarter. State of Wyoming acquired a new position in Energy Fuels during the fourth quarter worth approximately $34,000. SBI Securities Co. Ltd. increased its position in Energy Fuels by 27.5% during the second quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock worth $36,000 after buying an additional 1,344 shares during the period. Finally, ORG Partners LLC lifted its stake in Energy Fuels by 111.4% in the third quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock valued at $40,000 after buying an additional 1,270 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.