Eight Capital Lowers Energy Fuels (TSE:EFR) Price Target to C$5.60

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) had its price target decreased by Eight Capital from C$6.15 to C$5.60 in a research report issued on Wednesday, BayStreet.CA reports. Eight Capital’s target price suggests a potential upside of 173.17% from the stock’s previous close.

Shares of EFR traded down C$0.06 during mid-day trading on Wednesday, reaching C$2.05. 185,706 shares of the stock traded hands, compared to its average volume of 271,010. The business has a fifty day simple moving average of C$3.21. The firm has a market cap of $215.98 million and a P/E ratio of -6.77. The company has a current ratio of 7.98, a quick ratio of 4.97 and a debt-to-equity ratio of 13.85. Energy Fuels has a 1 year low of C$2.01 and a 1 year high of C$5.38.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last released its quarterly earnings results on Wednesday, May 8th. The company reported C($0.17) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.13). The firm had revenue of C$2.22 million for the quarter, compared to analysts’ expectations of C$15.90 million. Equities analysts anticipate that Energy Fuels will post -0.37 EPS for the current fiscal year.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. 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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