Energy Resources of Australia Limited Receives “Buy” Rating from Morningstar (ERA)

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Energy Resources of Australia Limited (ASX:ERA)‘s stock had its “buy” rating restated by stock analysts at Morningstar in a report issued on Thursday, StockRatingsNetwork reports.

Shares of Energy Resources of Australia Limited (ASX:ERA) opened at 1.210 on Thursday. Energy Resources of Australia Limited has a 52-week low of A$0.950 and a 52-week high of A$1.660. The stock’s 50-day moving average is A$1.24 and its 200-day moving average is A$1.30. The company’s market cap is A$628.2 million.

A number of other analysts have also recently weighed in on ERA. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Energy Resources of Australia Limited in a research note to investors on Wednesday, January 29th.

Energy Resources of Australia Limited is an Australia-based uranium producer. The principal activities of the Company are mining, processing and sale of uranium.

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