H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Energy Fuels (UUUU) today and set a price target of $3.25. The company’s shares closed last Monday at $1.61, close to its 52-week low of $1.39.
According to TipRanks.com, Ihle is a 1-star analyst with an average return of -1.8% and a 37.3% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and First Majestic Silver.
Currently, the analyst consensus on Energy Fuels is a Moderate Buy with an average price target of $3.25.
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Based on Energy Fuels’ latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $6.84 million. In comparison, last year the company had a GAAP net loss of $7.76 million.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UUUU in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Energy Fuels, Inc. operates as a mining development company. It engages in the exploration, evaluation and permitting of uranium and vanadium properties. The firm projects include Nichols Ranch, Alta Mesa and White Mesa Mill. The company was founded by George E. L. Glasier and John David Mason in 1987 and is headquartered in Lakewood, CO.
