Energy Fuels Inc (UUUU) Earns Buy Rating from HC Wainwright
Energy Fuels Inc (NYSEMKT:UUUU) (TSE:EFR)‘s stock had its “buy” rating reaffirmed by analysts at HC Wainwright in a note issued to investors on Friday. They presently have a $5.00 price target on the basic materials company’s stock. HC Wainwright’s target price points to a potential upside of 270.37% from the stock’s current price.
Several other research analysts also recently weighed in on the company. ValuEngine downgraded Energy Fuels from a “sell” rating to a “strong sell” rating in a research note on Wednesday, September 6th. Zacks Investment Research downgraded Energy Fuels from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Noble Financial restated a “hold” rating on shares of Energy Fuels in a research note on Tuesday, August 8th. Finally, Roth Capital set a $3.00 target price on Energy Fuels and gave the stock a “buy” rating in a research note on Monday, August 7th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $3.25.
Shares of Energy Fuels (NYSEMKT UUUU) traded down $0.04 during trading hours on Friday, hitting $1.35. The stock had a trading volume of 158,324 shares, compared to its average volume of 184,141. Energy Fuels has a twelve month low of $1.29 and a twelve month high of $2.71.
A hedge fund recently raised its stake in Energy Fuels stock. Commerzbank Aktiengesellschaft FI boosted its position in shares of Energy Fuels Inc (NYSEMKT:UUUU) (TSE:EFR) by 1.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 404,818 shares of the basic materials company’s stock after acquiring an additional 6,639 shares during the quarter. Commerzbank Aktiengesellschaft FI owned about 0.57% of Energy Fuels worth $644,000 at the end of the most recent reporting 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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