Energy Fuels Inc (NYSEMKT:UUUU) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Thursday.
According to Zacks, “Energy Fuels, Inc. is engaged in mining, production and development of uranium and vanadium. The company operates primarily in Colorado, Utah, Arizona, Wyoming and New Mexico. Energy Fuels, Inc. is based in Toronto, Canada. “
A number of other equities research analysts have also recently issued reports on the stock. HC Wainwright reissued a “buy” rating and set a $5.00 target price on shares of Energy Fuels in a report on Friday, August 4th. Roth Capital set a $3.00 target price on shares of Energy Fuels and gave the stock a “buy” rating in a research report on Monday. Finally, Noble Financial reiterated a “hold” rating on shares of Energy Fuels in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Energy Fuels presently has a consensus rating of “Hold” and a consensus price target of $4.01.
Shares of Energy Fuels (UUUU) opened at 1.675 on Thursday. Energy Fuels has a 1-year low of $1.29 and a 1-year high of $2.71. The firm has a 50-day moving average price of $1.67 and a 200 day moving average price of $1.89. The company’s market cap is $117.96 million.
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A hedge fund recently raised its stake in Energy Fuels stock. Commerzbank Aktiengesellschaft FI boosted its position in shares of Energy Fuels Inc (NYSEMKT:UUUU) by 73.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 398,179 shares of the basic materials company’s stock after buying an additional 169,199 shares during the period. Commerzbank Aktiengesellschaft FI owned approximately 0.57% of Energy Fuels worth $864,000 as of its most recent SEC filing.
About Energy Fuels
Energy Fuels Inc (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.
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