Energy Fuels (NYSE:UUUU) Releases Earnings Results, Meets Expectations

Energy Fuels (NYSE:UUUU) issued its earnings results on Friday. The company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02, reports. The business had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $26.25 million. Energy Fuels had a net margin of 263.04% and a negative return on equity of 7.97%.

Energy Fuels Stock Down 1.1 %

NYSE UUUU opened at $5.54 on Friday. The company has a 50 day simple moving average of $6.65. Energy Fuels has a one year low of $5.16 and a one year high of $9.02.

Insider Activity

In related news, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total value of $92,800.00. Following the completion of the transaction, the director now owns 187,380 shares in the company, valued at $1,738,886.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC acquired a new stake in Energy Fuels during the third quarter worth approximately $63,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Energy Fuels during the third quarter worth approximately $122,000. Bailard Inc. acquired a new stake in Energy Fuels during the third quarter worth approximately $267,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Energy Fuels by 21.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 99,541 shares of the company’s stock worth $822,000 after purchasing an additional 17,819 shares in the last quarter. Finally, Mackenzie Financial Corp raised its holdings in Energy Fuels by 1.8% during the third quarter. Mackenzie Financial Corp now owns 84,860 shares of the company’s stock worth $645,000 after purchasing an additional 1,471 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on UUUU. Roth Mkm raised their price objective on shares of Energy Fuels from $9.25 to $10.50 and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. B. Riley began coverage on shares of Energy Fuels in a research report on Thursday, April 18th. They set a “buy” rating and a $9.00 price objective for the company. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $9.83.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.