Energy Fuels (NYSEAMERICAN:UUUU) Stock Rating Upgraded by BMO Capital Markets

Energy Fuels (NYSEAMERICAN:UUUU) was upgraded by analysts at BMO Capital Markets to a “strong-buy” rating in a research note issued to investors on Friday,Zacks.com reports.

Several other analysts have also weighed in on UUUU. Zacks Research lowered shares of Energy Fuels from a “hold” rating to a “strong sell” rating in a report on Tuesday. Roth Capital upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Friday, August 7th. UBS Group raised shares of Energy Fuels to a “neutral” rating in a report on Friday. HC Wainwright reissued a “buy” rating and set a $29.00 price target on shares of Energy Fuels in a research note on Monday, June 22nd. Finally, B. Riley Financial lowered their target price on Energy Fuels from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Energy Fuels presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.80.

Energy Fuels Price Performance

NYSEAMERICAN:UUUU opened at $15.10 on Friday. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of -47.19 and a beta of 1.53. The company has a 50-day moving average of $13.65 and a 200-day moving average of $17.83. Energy Fuels has a 52 week low of $8.16 and a 52 week high of $27.90. The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.59 and a current ratio 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 for the quarter, missing the consensus estimate of ($0.04) by ($0.09). Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.29%. The company had revenue of $25.11 million during the quarter. As a group, equities research analysts anticipate that Energy Fuels will post -0.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Bruce D. Hansen acquired 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were acquired at an average cost of $12.70 per share, with a total value of $50,800.00. Following the transaction, the director owned 313,844 shares of the company’s stock, valued at $3,985,818.80. The trade was a 1.29% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ross R. Bhappu bought 74,000 shares of the business’s stock in a transaction on Tuesday, July 7th. The stock was purchased at an average price of $13.08 per share, for a total transaction of $967,920.00. Following the purchase, the chief executive officer directly owned 256,583 shares in the company, valued at approximately $3,356,105.64. This represents a 40.53% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.97% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in UUUU. Harbour Investments Inc. raised its position in 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 acquiring an additional 741 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Energy Fuels by 75.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock worth $25,000 after acquiring an additional 758 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in Energy Fuels during the 4th quarter valued at $27,000. State of Wyoming acquired a new position in shares of Energy Fuels in the fourth quarter valued at $34,000. Finally, EFG International AG bought a new stake in shares of Energy Fuels during the 4th quarter worth about $36,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

About Energy Fuels

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.