Energy Fuels (NYSEAMERICAN:UUUU) Now Covered by Analysts at B. Riley

B. Riley began coverage on shares of Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) in a report published on Thursday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $9.00 target price on the basic materials company’s stock.

Separately, Roth Mkm lifted their target price on Energy Fuels from $9.25 to $10.50 and gave the stock a buy rating in a report on Tuesday, January 23rd. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and a consensus price target of $9.83.

Energy Fuels Stock Up 1.6 %

Shares of UUUU stock opened at $5.85 on Thursday. The company’s 50-day moving average price is $6.87. Energy Fuels has a 12 month low of $4.99 and a 12 month high of $9.02. The firm has a market capitalization of $943.43 million, a price-to-earnings ratio of 9.29 and a beta of 1.53.

Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last posted its quarterly earnings data on Friday, February 23rd. The basic materials company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.10). The company had revenue of $0.47 million during the quarter, compared to analyst estimates of $6.45 million. Energy Fuels had a negative return on equity of 7.97% and a net margin of 263.04%. As a group, analysts forecast that Energy Fuels will post -0.19 EPS for the current year.

Insider Activity

In related news, Director J. Birks Bovaird sold 10,000 shares of the company’s stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $9.28, for a total transaction of $92,800.00. Following the completion of the sale, the director now owns 187,380 shares in the company, valued at $1,738,886.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

Several institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in shares of Energy Fuels by 12.6% during the 1st quarter. JPMorgan Chase & Co. now owns 117,025 shares of the basic materials company’s stock valued at $1,071,000 after buying an additional 13,083 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Energy Fuels by 187.3% during the 1st quarter. Bank of New York Mellon Corp now owns 1,484,213 shares of the basic materials company’s stock valued at $13,581,000 after buying an additional 967,543 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Energy Fuels by 45.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 22,403 shares of the basic materials company’s stock valued at $206,000 after buying an additional 7,000 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Energy Fuels by 8.0% during the 1st quarter. Bank of Montreal Can now owns 489,981 shares of the basic materials company’s stock valued at $4,585,000 after buying an additional 36,152 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of Energy Fuels by 40.1% during the 1st quarter. MetLife Investment Management LLC now owns 74,736 shares of the basic materials company’s stock valued at $684,000 after buying an additional 21,383 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.