Energy Fuels Inc (NYSEAMERICAN:UUUU) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Energy Fuels has a “Moderate Buy” consensus rating from seven analysts, with five buys, one hold and one sell. The average 12-month price target is $21.85, versus a recent share price of $14.47.
• Recent analyst actions were generally positive, including upgraded or new buy/outperform ratings from Roth Capital and BMO Capital Markets, although Goldman Sachs and B. Riley lowered their price targets.
• CEO Ross Bhappu and Director Bruce Hansen recently purchased company shares, while Energy Fuels reported a quarterly loss of $0.13 per share—worse than the $0.04 consensus estimate—on $25.11 million in revenue.

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seven research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $21.85.

UUUU has been the topic of several recent research reports. Roth Capital raised Energy Fuels from a "neutral" rating to a "buy" rating and set a $16.00 price objective on the stock in a research note on Friday, August 7th. The Goldman Sachs Group cut their price objective on Energy Fuels from $29.00 to $21.00 and set a "buy" rating for the company in a research note on Friday, June 12th. B. Riley Financial reduced their target price on shares of Energy Fuels from $27.00 to $25.00 and set a "buy" rating for the company in a report on Monday, August 10th. BMO Capital Markets assumed coverage on shares of Energy Fuels in a research note on Friday, August 14th. They set an "outperform" rating and a $18.00 target price on the stock. Finally, UBS Group raised shares of Energy Fuels to a "neutral" rating in a report on Friday, August 14th.

Insider Buying and Selling at Energy Fuels

In other news, CEO Ross R. Bhappu bought 74,000 shares of the company's stock in a transaction that occurred on Tuesday, July 7th. The stock was bought at an average price of $13.08 per share, with a total value of $967,920.00. Following the acquisition, the chief executive officer owned 256,583 shares of the company's stock, valued at approximately $3,356,105.64. This represents a 40.53% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Bruce D. Hansen purchased 4,000 shares of the business's stock in a transaction on Wednesday, July 8th. The stock was acquired at an average price of $12.70 per share, with a total value of $50,800.00. Following the purchase, the director directly owned 313,844 shares in the company, valued at $3,985,818.80. This represents a 1.29% increase in their position. The SEC filing for this purchase provides additional information. 0.97% of the stock is owned by company insiders.

Hedge Funds Weigh In On Energy Fuels

A number of hedge funds have recently made changes to their positions in UUUU. Harbour Investments Inc. lifted its holdings in Energy Fuels by 74.5% in the 4th 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. Smartleaf Asset Management LLC grew its holdings in Energy Fuels by 75.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company's stock valued at $25,000 after buying an additional 758 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in Energy Fuels during the 4th quarter valued at approximately $27,000. State of Wyoming bought a new stake in shares of Energy Fuels during the fourth quarter valued at approximately $34,000. Finally, EFG International AG purchased a new position in shares of Energy Fuels in the fourth quarter worth $36,000. Institutional investors own 48.24% of the company's stock.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $14.47 on Tuesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 27.90 and a quick ratio of 25.87. The firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of -45.22 and a beta of 1.57. Energy Fuels has a one year low of $10.69 and a one year high of $27.90. The business has a fifty day moving average price of $13.52 and a 200-day moving average price of $16.94.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last released its earnings results 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 for the quarter. Sell-side analysts forecast that Energy Fuels will post -0.25 EPS for the current year.

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.

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