In a report released today, Michael Heim from Noble Financial maintained a Buy rating on Energy Fuels (UUUU – Research Report), with a price target of $13.00. The company’s shares closed last Friday at $6.98.
According to TipRanks, Heim is ranked #87 out of 7941 analysts.
Energy Fuels has an analyst consensus of Strong Buy, with a price target consensus of $10.26, which is a 46.99% upside from current levels. In a report released on July 28, Canaccord Genuity also initiated coverage with a Buy rating on the stock with a C$10.00 price target.
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Based on Energy Fuels’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.94 million and a GAAP net loss of $14.73 million. In comparison, last year the company earned revenue of $353 thousand and had a GAAP net loss of $10.91 million
Based on the recent corporate insider activity of 66 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.
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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.
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