According to The Fly, in a new note to investors today, an analyst has provided a rating update for the Materials sector company, Energy Fuels (TSX: EFR). H.C. Wainwright’s analyst Heiko Ihle reiterates their Buy rating on the shares.
According to TipRanks.com, Ihle has 0 stars on 0-5 star ranking scale with an average return of -6.7% and a 27.9% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Americas Silver Corporation, and Golden Star Resources Ltd.
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The the analyst consensus on Energy Fuels is currently a Strong Buy rating.
Based on Energy Fuels’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$9.23 million. In comparison, last year the company had a GAAP net loss of C$5.97 million.
Energy Fuels, Inc. is a mining development company, which engages in the exploration, evaluation, and permitting of uranium and vanadium properties. Its projects include Nichols Ranch, Alta Mesa, and White Mesa Mill. The company was founded by George E. L. Glasier on June 24, 1987 and is headquartered in Lakewood, CO.
The company’s shares closed on Thursday at C$3.85.
