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. Noble Financial reiterated a hold rating on shares of Energy Fuels in a report on Wednesday, August 7th. HC Wainwright reiterated a buy rating and issued a $3.75 price objective (down from $4.50) on shares of Energy Fuels in a report on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $3.88.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last posted its quarterly earnings results on Friday, August 2nd. The basic materials company reported ($0.10) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.05). The firm had revenue of $3.07 million for the quarter, compared to analyst estimates of $12.35 million.
Large investors have recently modified their holdings of the stock. D. E. Shaw & Co. Inc. bought a new stake in Energy Fuels in the second quarter worth $99,000. Bank of Montreal Can boosted its holdings in Energy Fuels by 1,077.7% in the second quarter. Bank of Montreal Can now owns 61,313 shares of the basic materials company’s stock worth $192,000 after purchasing an additional 56,107 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Energy Fuels by 41.2% in the second quarter. AQR Capital Management LLC now owns 83,140 shares of the basic materials company’s stock worth $260,000 after purchasing an additional 24,269 shares in the last quarter. Marshall Wace North America L.P. bought a new stake in Energy Fuels in the second quarter worth $576,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Energy Fuels by 10.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 184,562 shares of the basic materials company’s stock worth $578,000 after purchasing an additional 17,722 shares in the last quarter.
Energy Fuels Company Profile
Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of uranium in the United States. It operates in two segments, Conventional Uranium and ISR Uranium. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah.
Read More: Do You Need a Fiduciary?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Energy Fuels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Fuels and related companies with MarketBeat.com's FREE daily email newsletter.