Date: Nov 14, 2018
HC Wainwright set a $5.00 target price on Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) in a research note issued to investors on Tuesday, November 6th. The firm currently has a buy rating on the basic materials company’s stock.
“We also highlight that the firm ended the quarter with 385,000 pounds of uranium in its finished goods inventory, which we feel should provide the flexibility to take advantage of an improved pricing environment that could come from supply and demand fundamentals or domestically produced uranium based on Section 232. Vanadium production should begin this month. Energy Fuels reaffirmed its plan to begin recovering vanadium from tailings pond solutions at its in mid-November.”,” the firm’s analyst commented.
Separately, Noble Financial restated a buy rating on shares of Energy Fuels in a research report on Thursday, October 4th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of $3.83.
Shares of UUUU stock opened at $3.33 on Tuesday. Energy Fuels has a 1 year low of $1.49 and a 1 year high of $4.09.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last issued its quarterly earnings data on Monday, November 5th. The basic materials company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.11). The firm had revenue of $0.45 million for the quarter, compared to analysts’ expectations of $2.65 million.