In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Energy Fuels (UUUU), with a price target of $7.00. The company’s shares closed last Friday at $5.70.
According to TipRanks.com, Ihle is a top 25 analyst with an average return of 50.0% and a 70.8% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Golden Star Resources.
Currently, the analyst consensus on Energy Fuels is a Strong Buy with an average price target of $6.58.
The company has a one-year high of $7.83 and a one-year low of $1.38. Currently, Energy Fuels has an average volume of 4.58M.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UUUU in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Energy Fuels, Inc. operates as a mining development company. It engages in the exploration, evaluation and permitting of uranium and vanadium properties. The firm projects include Nichols Ranch, Alta Mesa and White Mesa Mill. The company was founded by George E. L. Glasier and John David Mason in 1987 and is headquartered in Lakewood, CO.
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