Energy Fuels (NYSEAMERICAN:UUUU) Hits New 1-Year Low - What's Next?

Key Points

• Energy Fuels fell to a new 52-week low of $9.60 during Tuesday trading, down about 3%, with its latest price at $9.66.
• Analyst sentiment remains broadly positive but mixed: five analysts rate the stock Buy, one rates it Hold and one rates it Sell. The average price target is $21.85, despite recent target reductions and upgrades.
• The company reported a quarterly loss of $0.13 per share, missing the $0.04 consensus estimate, on revenue of $25.11 million. Energy Fuels also posted negative margins and return on equity, while institutional investors own 48.24% of its shares.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $9.60 and last traded at $9.66, with a volume of 5,824,336 shares changing hands. The stock had previously closed at $9.96.

Analyst Ratings Changes

A number of brokerages recently commented on UUUU. B. Riley Financial lowered their price target 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. Zacks Research cut Energy Fuels from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 11th. UBS Group raised Energy Fuels to a "neutral" rating in a research note on Friday, August 14th. BMO Capital Markets initiated coverage on Energy Fuels in a research note on Friday, August 14th. They issued an "outperform" rating and a $18.00 price objective for the company. Finally, HC Wainwright raised their price objective on Energy Fuels from $29.00 to $29.25 and gave the company a "buy" rating in a research note on Tuesday, September 1st. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $21.85.

Energy Fuels Trading Down 3.0%

The stock has a fifty day moving average of $13.05 and a 200-day moving average of $15.42. The company has a market cap of $2.56 billion, a PE ratio of -30.19 and a beta of 1.77. The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.87 and a current ratio of 27.90.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.09). The company 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 11.29%. Sell-side analysts anticipate that Energy Fuels Inc will post -0.25 EPS for the current fiscal year.

Institutional Investors Weigh In On Energy Fuels

A number of institutional investors and hedge funds have recently bought and sold shares of the company. WINTON GROUP Ltd boosted its stake in shares of Energy Fuels by 5.1% in the second quarter. WINTON GROUP Ltd now owns 193,503 shares of the company's stock worth $2,806,000 after buying an additional 9,400 shares during the last quarter. Engineers Gate Manager LP acquired a new position in Energy Fuels during the second quarter worth $358,000. Integrated Wealth Concepts LLC purchased a new position in Energy Fuels in the 2nd quarter valued at about $107,000. NewEdge Advisors LLC boosted its stake in shares of Energy Fuels by 91.7% in the second quarter. NewEdge Advisors LLC now owns 51,678 shares of the company's stock worth $749,000 after acquiring an additional 24,723 shares during the last quarter. Finally, Nykredit A S acquired a new stake in shares of Energy Fuels in the second quarter worth approximately $99,000. 48.24% of the stock is owned by institutional investors.

About Energy Fuels

Energy Fuels Inc is a U.S.-based critical minerals company focused on uranium, rare earth elements and vanadium. The company produces uranium concentrate, commonly known as yellowcake, for the nuclear energy industry and maintains a portfolio of uranium mines, mining projects and mineral properties primarily in the United States.

Energy Fuels owns and operates the White Mesa Mill in Utah, which it describes as the only conventional uranium mill currently operating in the United States.

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