Noble Financial set a $4.00 price objective on Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) in a report issued on Saturday, October 27th. The firm currently has a buy rating on the basic materials company’s stock.
Several other brokerages have also recently commented on UUUU. HC Wainwright set a $5.00 price objective on shares of Energy Fuels and gave the company a buy rating in a research note on Wednesday, September 26th. Zacks Investment Research raised shares of Energy Fuels from a hold rating to a buy rating and set a $2.50 target price for the company in a report on Tuesday, July 3rd. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. Energy Fuels presently has a consensus rating of Buy and a consensus target price of $3.83.
Shares of NYSEAMERICAN:UUUU traded up $0.07 during trading on Friday, reaching $3.25. The stock had a trading volume of 913,048 shares, compared to its average volume of 781,463. Energy Fuels has a one year low of $1.49 and a one year high of $4.09.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last released its earnings results on Monday, November 5th. The basic materials company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.11). The company had revenue of $0.45 million for the quarter, compared to the consensus estimate of $2.65 million.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Northpointe Capital LLC boosted its stake in Energy Fuels by 1,775.6% during the 2nd quarter. Northpointe Capital LLC now owns 2,184,278 shares of the basic materials company’s stock worth $4,958,000 after purchasing an additional 2,067,818 shares during the last quarter. Rhumbline Advisers acquired a new stake in Energy Fuels during the 2nd quarter worth $146,000. Bank of New York Mellon Corp acquired a new stake in Energy Fuels during the 2nd quarter worth $410,000. Schwab Charles Investment Management Inc. acquired a new stake in Energy Fuels during the 2nd quarter worth $314,000. Finally, BlackRock Inc. boosted its stake in Energy Fuels by 1,930.1% during the 2nd quarter. BlackRock Inc. now owns 3,571,226 shares of the basic materials company’s stock worth $8,106,000 after purchasing an additional 3,395,312 shares during the last quarter.
About Energy Fuels
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.
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