Energy Fuels (NYSEAMERICAN:UUUU) Upgraded to Buy at Roth Mkm

Energy Fuels (NYSEAMERICAN:UUUU) was upgraded by equities researchers at Roth Mkm from a “neutral” rating to a “buy” rating in a report released on Friday,Briefing.com Automated Import reports. The firm presently has a $5.75 price target on the stock. Roth Mkm’s target price points to a potential upside of 43.03% from the company’s previous close.

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $11.00 target price on shares of Energy Fuels in a research note on Wednesday, December 11th.

Energy Fuels Price Performance

Shares of NYSEAMERICAN:UUUU opened at $4.02 on Friday. The firm has a fifty day moving average price of $5.37 and a two-hundred day moving average price of $5.57. The company has a market cap of $798.73 million, a price-to-earnings ratio of -18.27 and a beta of 1.68. Energy Fuels has a one year low of $3.99 and a one year high of $7.47.

Insider Activity at Energy Fuels

In other news, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the sale, the director now owns 178,380 shares of the company’s stock, valued at $970,387.20. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the transaction, the director now directly owns 165,528 shares of the company’s stock, valued at $946,820.16. The trade was a 9.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Creative Planning bought a new stake in shares of Energy Fuels during the 3rd quarter valued at $57,000. Private Advisor Group LLC grew its stake in shares of Energy Fuels by 8.7% during the 3rd quarter. Private Advisor Group LLC now owns 89,124 shares of the company’s stock valued at $489,000 after acquiring an additional 7,122 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in Energy Fuels in the 3rd quarter worth approximately $91,000. Van ECK Associates Corp lifted its holdings in Energy Fuels by 84.8% during the third quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock valued at $12,961,000 after purchasing an additional 1,083,480 shares in the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in shares of Energy Fuels in the third quarter worth approximately $104,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

About Energy Fuels

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.