Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) shares fell 6.9% on Thursday . The company traded as low as $2.93 and last traded at $2.95. 1,614,428 shares were traded during mid-day trading, an increase of 127% from the average session volume of 711,808 shares. The stock had previously closed at $3.17.
A number of research firms recently commented on UUUU. Noble Financial restated a “hold” rating on shares of Energy Fuels in a research report on Friday, June 29th. Zacks Investment Research upgraded 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. Finally, HC Wainwright set a $5.00 target price on Energy Fuels and gave the stock a “buy” rating in a report on Wednesday, September 26th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $3.75.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last released its earnings results on Friday, August 3rd. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.06. The firm had revenue of $26.97 million for the quarter, compared to the consensus estimate of $27.23 million.
Institutional investors have recently bought and sold shares of the company. Rhumbline Advisers acquired a new stake in Energy Fuels in the 2nd quarter valued at about $146,000. Northpointe Capital LLC lifted its stake in Energy Fuels by 1,775.6% in the 2nd quarter. Northpointe Capital LLC now owns 2,184,278 shares of the basic materials company’s stock valued at $4,958,000 after purchasing an additional 2,067,818 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in Energy Fuels in the 2nd quarter valued at about $410,000. Northern Trust Corp acquired a new stake in Energy Fuels in the 2nd quarter valued at about $1,375,000. Finally, BlackRock Inc. lifted its stake in Energy Fuels by 1,930.1% in the 2nd quarter. BlackRock Inc. now owns 3,571,226 shares of the basic materials company’s stock valued at $8,106,000 after purchasing an additional 3,395,312 shares during the last quarter.
About Energy Fuels (NYSEAMERICAN:UUUU)
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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