Energy Fuels (NYSEAMERICAN:UUUU) Lifted to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) from a strong sell rating to a hold rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Energy Fuels, Inc. is engaged in mining, production and development of uranium and vanadium. The company operates primarily in Colorado, Utah, Arizona, Wyoming and New Mexico. Energy Fuels, Inc. is based in Toronto, Canada. “

A number of other research firms also recently commented on UUUU. Noble Financial set a $4.00 price objective on shares of Salem Media Group and gave the company a buy rating in a research note on Monday, May 13th. HC Wainwright upped their price objective on shares of Palatin Technologies from $5.00 to $6.00 and gave the company a buy rating in a research note on Thursday, May 9th.

Shares of UUUU stock opened at $1.95 on Tuesday. Energy Fuels has a twelve month low of $1.82 and a twelve month high of $4.09.

Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last posted its quarterly earnings data on Wednesday, May 8th. The basic materials company reported ($0.13) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.10). The firm had revenue of $1.67 million for the quarter, compared to the consensus estimate of $11.91 million.

Large investors have recently modified their holdings of the company. Two Sigma Advisers LP purchased a new stake in shares of Energy Fuels during the 4th quarter worth about $29,000. Metropolitan Life Insurance Co. NY grew its holdings in shares of Energy Fuels by 356.6% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 29,678 shares of the basic materials company’s stock worth $85,000 after purchasing an additional 23,178 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Energy Fuels by 23.8% during the 4th quarter. Bank of New York Mellon Corp now owns 247,044 shares of the basic materials company’s stock worth $703,000 after purchasing an additional 47,437 shares during the period. Exane Derivatives grew its holdings in shares of Energy Fuels by 37.4% during the 1st quarter. Exane Derivatives now owns 310,864 shares of the basic materials company’s stock worth $1,031,000 after purchasing an additional 84,549 shares during the period. Finally, Northern Trust Corp grew its holdings in shares of Energy Fuels by 1.8% during the 4th quarter. Northern Trust Corp now owns 724,433 shares of the basic materials company’s stock worth $2,064,000 after purchasing an additional 12,537 shares during the period.

About Energy Fuels

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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