HC Wainwright Reaffirms “Buy” Rating for Energy Fuels (UUUU)

Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR)‘s stock had its “buy” rating reiterated by equities researchers at HC Wainwright in a report issued on Tuesday. They currently have a $5.00 price target on the basic materials company’s stock. HC Wainwright’s price target would indicate a potential upside of 206.75% from the company’s previous close.

A number of other research analysts also recently weighed in on UUUU. Zacks Investment Research downgraded shares of Energy Fuels from a “hold” rating to a “sell” rating in a research report on Tuesday, February 6th. Noble Financial reaffirmed a “hold” rating on shares of Energy Fuels in a research report on Tuesday, November 14th. Finally, ValuEngine raised shares of Energy Fuels from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Energy Fuels currently has an average rating of “Hold” and a consensus target price of $3.25.

Energy Fuels (NYSEAMERICAN:UUUU) opened at $1.63 on Tuesday. The firm has a market cap of $115.21, a price-to-earnings ratio of -4.29 and a beta of 0.45. Energy Fuels has a 12-month low of $1.29 and a 12-month high of $2.71.

In other Energy Fuels news, Director Dennis Lyle Higgs sold 15,500 shares of the stock in a transaction on Friday, November 24th. The shares were sold at an average price of $2.00, for a total value of $31,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 35,500 shares of company stock valued at $69,500.

A hedge fund recently raised its stake in Energy Fuels stock. Global X Management Co. LLC lifted its stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) by 24.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 9,147,169 shares of the basic materials company’s stock after buying an additional 1,773,188 shares during the quarter. Global X Management Co. LLC owned about 12.70% of Energy Fuels worth $16,499,000 as of its most recent SEC filing.

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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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