Uranium Resources, Inc. (URRE) Given $3.00 Consensus Price Target by Analysts
Uranium Resources, Inc. (NASDAQ:URRE) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price target of $3.00 for the company and are expecting that the company will post ($0.13) EPS for the current quarter, according to Zacks. Zacks has also given Uranium Resources an industry rank of 239 out of 265 based on the ratings given to related companies.
A number of research firms have issued reports on URRE. Zacks Investment Research upgraded shares of Uranium Resources from a “hold” rating to a “buy” rating and set a $1.75 target price for the company in a research report on Tuesday, May 30th. Roth Capital set a $3.00 price target on shares of Uranium Resources and gave the company a “buy” rating in a report on Wednesday, May 24th. Finally, ValuEngine upgraded shares of Uranium Resources from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 27th.
An institutional investor recently bought a new position in Uranium Resources stock. Citadel Advisors LLC purchased a new stake in Uranium Resources, Inc. (NASDAQ:URRE) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 155,634 shares of the basic materials company’s stock, valued at approximately $293,000. Citadel Advisors LLC owned 0.64% of Uranium Resources as of its most recent filing with the SEC. 6.03% of the stock is owned by hedge funds and other institutional investors.
Shares of Uranium Resources (NASDAQ URRE) traded down 0.66% on Monday, hitting $1.50. The company had a trading volume of 52,790 shares. Uranium Resources has a 12 month low of $0.97 and a 12 month high of $4.00. The stock’s market cap is $36.77 million. The company has a 50-day moving average of $1.49 and a 200 day moving average of $1.78.
Uranium Resources Company Profile
Uranium Resources, Inc is engaged in developing energy-related metals. As of December 16, 2016, the Company had developed land position in two prospective lithium brine basins in Nevada and Utah in preparation for exploration and development of any resources that may be discovered there. In addition, it remains focused on advancing the Temrezli in-situ recovery (ISR) uranium project in Central Turkey when uranium prices permit economic development of this project.
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