Energy Fuels (NYSEAMERICAN:UUUU) Shares Up 6.5%

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) shot up 6.5% on Thursday . The company traded as high as $1.96 and last traded at $1.96, 919,071 shares changed hands during mid-day trading. A decline of 16% from the average session volume of 1,092,699 shares. The stock had previously closed at $1.84.

UUUU has been the subject of a number of research analyst reports. Zacks Investment Research raised Energy Fuels from a “sell” rating to a “hold” rating in a report on Saturday, October 12th. Noble Financial reissued a “hold” rating on shares of Energy Fuels in a report on Wednesday, August 7th. Finally, HC Wainwright reissued a “buy” rating and set a $3.75 target price (down previously from $4.50) on shares of Energy Fuels in a report on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Energy Fuels has a consensus rating of “Hold” and a consensus price target of $3.88.

The business has a fifty day simple moving average of $1.81 and a 200 day simple moving average of $2.58.

Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last announced its earnings results on Friday, August 2nd. The basic materials company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). The business had revenue of $3.07 million during the quarter, compared to analyst estimates of $12.35 million.

Several institutional investors have recently made changes to their positions in the business. Exane Derivatives grew its position in shares of Energy Fuels by 34.4% in the second quarter. Exane Derivatives now owns 417,864 shares of the basic materials company’s stock valued at $1,299,000 after purchasing an additional 107,000 shares in the last quarter. Bank of Montreal Can grew its position in shares of Energy Fuels by 1,077.7% in the second quarter. Bank of Montreal Can now owns 61,313 shares of the basic materials company’s stock valued at $192,000 after purchasing an additional 56,107 shares in the last quarter. Prescott Group Capital Management L.L.C. grew its position in shares of Energy Fuels by 60.8% in the second quarter. Prescott Group Capital Management L.L.C. now owns 1,841,237 shares of the basic materials company’s stock valued at $5,763,000 after purchasing an additional 695,873 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Energy Fuels by 10.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 184,562 shares of the basic materials company’s stock valued at $578,000 after purchasing an additional 17,722 shares in the last quarter. Finally, Jeneq Management LP purchased a new stake in shares of Energy Fuels in the second quarter valued at approximately $2,272,000.

Energy Fuels Company Profile (NYSEAMERICAN:UUUU)

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of uranium in the United States. It operates in two segments, Conventional Uranium and ISR Uranium. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah.

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