Energy Fuels Inc (NYSEMKT:UUUU) was downgraded by Zacks Investment Research from a “buy” 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 reissued a “hold” rating on shares of Energy Fuels in a research note on Wednesday, March 15th.

Shares of Energy Fuels (NYSEMKT UUUU) opened at 1.63 on Thursday. Energy Fuels has a 12-month low of $1.29 and a 12-month high of $2.71. The stock’s market cap is $114.79 million. The company’s 50-day moving average is $1.59 and its 200-day moving average is $1.92.

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An institutional investor recently raised its position in Energy Fuels stock. Global X Management Co. LLC raised its stake in Energy Fuels Inc (NYSEMKT:UUUU) by 110.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,456,789 shares of the basic materials company’s stock after buying an additional 2,869,746 shares during the period. Global X Management Co. LLC owned about 7.75% of Energy Fuels worth $11,743,000 as of its most recent filing with the SEC.

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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