Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) – HC Wainwright lifted their FY2022 earnings per share (EPS) estimates for Energy Fuels in a research report issued on Thursday, February 16th. HC Wainwright analyst H. Ihle now expects that the basic materials company will post earnings per share of ($0.34) for the year, up from their prior forecast of ($0.36). HC Wainwright currently has a “Buy” rating and a $9.50 target price on the stock. The consensus estimate for Energy Fuels’ current full-year earnings is ($0.33) per share.
Separately, Canaccord Genuity Group dropped their price objective on Energy Fuels from C$12.00 to C$11.50 in a report on Wednesday, November 16th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $11.33.
Energy Fuels Stock Performance
NYSEAMERICAN:UUUU opened at $7.06 on Monday. The firm has a market cap of $1.11 billion, a PE ratio of -176.50 and a beta of 1.75. The business’s 50 day moving average price is $6.90. Energy Fuels has a 1-year low of $4.69 and a 1-year high of $11.00.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Silverlake Wealth Management LLC acquired a new position in Energy Fuels during the 4th quarter worth about $121,000. Gateway Wealth Partners LLC acquired a new position in shares of Energy Fuels in the 4th quarter valued at about $183,000. Squarepoint Ops LLC acquired a new position in shares of Energy Fuels in the 4th quarter valued at about $190,000. Vident Investment Advisory LLC lifted its stake in shares of Energy Fuels by 39.2% in the 4th quarter. Vident Investment Advisory LLC now owns 250,746 shares of the basic materials company’s stock valued at $1,557,000 after purchasing an additional 70,644 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Energy Fuels by 9.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,524 shares of the basic materials company’s stock valued at $171,000 after purchasing an additional 2,266 shares during the period. 38.22% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, Director Alex G. Morrison acquired 8,000 shares of Energy Fuels stock in a transaction that occurred on Thursday, December 8th. The shares were acquired at an average price of $6.03 per share, for a total transaction of $48,240.00. Following the transaction, the director now directly owns 150,159 shares of the company’s stock, valued at approximately $905,458.77. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.22% of the stock is currently owned by corporate insiders.
Energy Fuels Company Profile
Energy Fuels, Inc is a mining development company, which engages in the exploration and evaluation of uranium and vanadium properties. The firm’s projects include Nichols Ranch, Alta Mesa, and White Mesa Mill. The company was founded by George E. L. Glasier and John David Mason on June 24, 1987 and is headquartered in Lakewood, CO.
www.ferroalloynet.com
