Energy Resources of Australia Limited Receives Buy Rating from Morningstar (ERA)
Energy Resources of Australia Limited (ASX:ERA)‘s stock had its “buy” rating reiterated by investment analysts at Morningstar in a note issued to investors on Wednesday, Analyst Ratings News reports.
Energy Resources of Australia Limited (ASX:ERA) traded down 0.40% during mid-day trading on Wednesday, hitting A$1.255. 7,369 shares of the company’s stock traded hands. Energy Resources of Australia Limited has a 52 week low of A$0.950 and a 52 week high of A$1.660. The stock has a 50-day moving average of A$1.22 and a 200-day moving average of A$1.32. The company’s market cap is A$649.7 million.
A number of other firms have also recently commented on ERA. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Energy Resources of Australia Limited in a research note to investors on Tuesday, January 21st.
Energy Resources of Australia Limited is an Australia-based uranium producer. The principal activities of the Company are mining, processing and sale of uranium.
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