Zacks Investment Research Upgrades Energy Fuels Inc (UUUU) to “Hold”
Energy Fuels Inc (NYSEMKT:UUUU) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.
According to Zacks, “Energy Fuels, Inc. is engaged in mining, production and development of uranium and vanadium. The company operates primarily in Colorado, Utah, Arizona, Wyoming and New Mexico. Energy Fuels, Inc. is based in Toronto, Canada. “
Separately, Noble Financial reiterated a “hold” rating on shares of Energy Fuels in a research note on Wednesday, March 15th.
Energy Fuels (NYSEMKT:UUUU) traded up 1.80% during midday trading on Thursday, reaching $1.70. 165,241 shares of the company traded hands. Energy Fuels has a 12 month low of $1.29 and a 12 month high of $2.87. The company’s 50-day moving average price is $1.98 and its 200 day moving average price is $1.88. The firm’s market capitalization is $119.09 million.
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A number of large investors have recently modified their holdings of UUUU. Sprott Inc. bought a new stake in shares of Energy Fuels during the third quarter valued at $883,000. Anson Funds Management LP acquired a new position in shares of Energy Fuels during the third quarter worth approximately $367,000. Finally, Commerzbank Aktiengesellschaft FI raised its position in shares of Energy Fuels by 73.9% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 398,179 shares of the basic materials company’s stock worth $864,000 after buying an additional 169,199 shares during the period.
About Energy Fuels
Energy Fuels Inc (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.
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