Energy Fuels (NYSE:UUUU) Price Target Increased to $6.00 by Analysts at Roth Mkm

Energy Fuels (NYSE:UUUU) had its price objective increased by Roth Mkm from $4.75 to $6.00 in a report issued on Wednesday, Benzinga reports. The firm currently has a neutral rating on the stock.

Separately, HC Wainwright raised their target price on shares of Energy Fuels from $10.50 to $10.75 and gave the stock a “buy” rating in a report on Tuesday, October 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $8.58.

Energy Fuels Stock Performance

Shares of UUUU stock opened at $6.17 on Wednesday. Energy Fuels has a 12-month low of $4.19 and a 12-month high of $8.68. The firm has a 50 day moving average price of $5.30 and a two-hundred day moving average price of $5.69.

Energy Fuels (NYSE:UUUU) last posted its earnings results on Friday, August 2nd. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. Energy Fuels had a negative return on equity of 6.56% and a negative net margin of 27.23%. The company had revenue of $8.72 million during the quarter, compared to the consensus estimate of $3.85 million. As a group, equities analysts anticipate that Energy Fuels will post -0.11 EPS for the current year.

Hedge Funds Weigh In On Energy Fuels

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Energy Fuels by 1.4% in the first quarter. Vanguard Group Inc. now owns 6,014,689 shares of the company’s stock worth $37,832,000 after acquiring an additional 82,766 shares during the last quarter. MMCAP International Inc. SPC boosted its position in Energy Fuels by 56.5% in the first quarter. MMCAP International Inc. SPC now owns 5,780,394 shares of the company’s stock valued at $36,359,000 after buying an additional 2,087,385 shares in the last quarter. Vident Advisory LLC grew its stake in shares of Energy Fuels by 30.8% during the first quarter. Vident Advisory LLC now owns 1,507,537 shares of the company’s stock worth $9,482,000 after buying an additional 355,242 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Energy Fuels by 44.4% during the second quarter. Van ECK Associates Corp now owns 1,277,401 shares of the company’s stock worth $7,742,000 after buying an additional 392,862 shares in the last quarter. Finally, Goehring & Rozencwajg Associates LLC lifted its stake in shares of Energy Fuels by 19.7% in the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 1,095,044 shares of the company’s stock valued at $6,636,000 after acquiring an additional 179,900 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.