Energy Fuels (NYSEAMERICAN:UUUU) Stock Price Target Cut by B. Riley Financial

Energy Fuels (NYSEAMERICAN:UUUU) had its target price decreased by B. Riley Financial from $25.00 to $19.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley Financial‘s price objective suggests a potential upside of 130.86% from the stock’s previous close.

A number of other equities research analysts have also commented on the company. Roth Capital upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Friday, August 7th. UBS Group upgraded Energy Fuels to a “neutral” rating in a research report on Friday, August 14th. BMO Capital Markets started coverage on Energy Fuels in a research note on Friday, August 14th. They issued an “outperform” rating and a $18.00 price objective on the stock. HC Wainwright increased their target price on Energy Fuels from $29.00 to $29.25 and gave the stock a “buy” rating in a report on Tuesday, September 1st. Finally, Zacks Research upgraded Energy Fuels from a “strong sell” rating to a “hold” rating in a report on Friday, October 9th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Energy Fuels currently has an average rating of “Moderate Buy” and a consensus target price of $20.65.

Energy Fuels Stock Up 8.9%

Shares of Energy Fuels stock opened at $8.23 on Wednesday. The firm’s 50-day moving average price is $11.75 and its two-hundred day moving average price is $16.51. Energy Fuels has a 1-year low of $7.31 and a 1-year high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). The firm had revenue of $25.11 million for the quarter. Research analysts anticipate that Energy Fuels will post -0.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Park Avenue Securities LLC grew its position in shares of Energy Fuels by 11.8% in the 3rd quarter. Park Avenue Securities LLC now owns 72,780 shares of the company’s stock valued at $806,000 after purchasing an additional 7,707 shares during the period. Sterling Capital Management LLC raised its holdings in Energy Fuels by 875.9% during the 3rd quarter. Sterling Capital Management LLC now owns 8,627 shares of the company’s stock worth $95,000 after buying an additional 7,743 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Energy Fuels during the 3rd quarter worth approximately $218,000. Guardian Partners Inc. acquired a new stake in Energy Fuels during the 3rd quarter worth approximately $141,000. Finally, Strengthening Families & Communities LLC lifted its stake in Energy Fuels by 8.4% in the third quarter. Strengthening Families & Communities LLC now owns 57,570 shares of the company’s stock valued at $635,000 after buying an additional 4,469 shares in the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Company Profile

Energy Fuels Inc is a U.S.-based critical minerals company focused on the exploration, recovery, processing and production of uranium, vanadium and rare earth elements. The company supplies uranium concentrates for the nuclear energy industry and also develops other critical mineral products used in advanced manufacturing, electronics and clean-energy technologies.

Energy Fuels owns and operates the White Mesa Mill in Utah, a major U.S. facility capable of processing conventional uranium and vanadium ores as well as certain alternative feed materials.