B. Riley Financial Has Lowered Expectations for Energy Fuels (NYSEAMERICAN:UUUU) Stock Price

Energy Fuels (NYSEAMERICAN:UUUU) had its target price decreased by stock analysts at B. Riley Financial from $27.00 to $25.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. B. Riley Financial’s price objective suggests a potential upside of 75.93% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Roth Capital upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price target for the company in a research report on Friday. HC Wainwright reaffirmed a “buy” rating and set a $29.00 target price on shares of Energy Fuels in a report on Monday, June 22nd. Finally, The Goldman Sachs Group decreased their price target on Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a research report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Energy Fuels presently has an average rating of “Buy” and an average price target of $22.75.

Energy Fuels Stock Performance

Shares of NYSEAMERICAN:UUUU traded up $0.07 during midday trading on Monday, reaching $14.21. The company had a trading volume of 4,126,997 shares, compared to its average volume of 11,181,175. The company’s 50 day moving average price is $13.94 and its 200 day moving average price is $18.12. The company has a current ratio of 27.51, a quick ratio of 25.59 and a debt-to-equity ratio of 0.93. The stock has a market cap of $3.55 billion, a P/E ratio of -44.41 and a beta of 1.53. Energy Fuels has a 52-week low of $8.16 and a 52-week high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last announced 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). The firm had revenue of $25.11 million for the quarter. Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.65%. As a group, sell-side analysts anticipate that Energy Fuels will post -0.17 EPS for the current fiscal year.

Insider Buying and Selling

In other Energy Fuels news, Director Bruce D. Hansen acquired 4,000 shares of the stock in a transaction dated Wednesday, July 8th. The stock was purchased at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the acquisition, the director owned 313,844 shares in the company, valued at $3,985,818.80. The trade was a 1.29% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ross R. Bhappu purchased 74,000 shares of the stock in a transaction on Tuesday, July 7th. The stock was acquired at an average cost of $13.08 per share, with a total value of $967,920.00. Following the completion of the purchase, the chief executive officer directly owned 256,583 shares of the company’s stock, valued at $3,356,105.64. The trade was a 40.53% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.97% of the company’s stock.

Institutional Trading of Energy Fuels

Several large investors have recently added to or reduced their stakes in UUUU. Vanguard Group Inc. increased its position in Energy Fuels by 26.1% during the 4th quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock valued at $217,449,000 after purchasing an additional 3,095,806 shares during the period. Van ECK Associates Corp lifted its position in shares of Energy Fuels by 18.8% in the 4th quarter. Van ECK Associates Corp now owns 12,108,694 shares of the company’s stock worth $176,052,000 after purchasing an additional 1,913,952 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Energy Fuels by 4.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock valued at $52,918,000 after purchasing an additional 410,894 shares in the last quarter. Bank of America Corp DE increased its position in shares of Energy Fuels by 93.6% during the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after buying an additional 2,111,466 shares during the period. Finally, Morgan Stanley raised its stake in Energy Fuels by 108.7% in the fourth quarter. Morgan Stanley now owns 3,952,694 shares of the company’s stock worth $57,472,000 after buying an additional 2,058,920 shares in the last quarter. Institutional investors 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.