Energy Fuels Inc (UUUU) Cut to “Hold” at Zacks Investment Research

Zacks Investment Research lowered shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) from a buy rating to a hold rating in a research note published on Thursday morning.

According to Zacks, “Energy Fuels, Inc. is engaged in mining, production and development of uranium and vanadium. The company operates primarily in Colorado, Utah, Arizona, Wyoming and New Mexico. Energy Fuels, Inc. is based in Toronto, Canada. “

A number of other brokerages also recently issued reports on UUUU. Noble Financial reiterated a hold rating on shares of Energy Fuels in a research note on Tuesday, August 8th. ValuEngine downgraded shares of Energy Fuels from a sell rating to a strong sell rating in a research note on Wednesday, September 6th. HC Wainwright reiterated a buy rating and set a $5.00 price objective on shares of Energy Fuels in a research note on Monday, August 28th. Finally, Roth Capital set a $3.00 price objective on shares of Energy Fuels and gave the stock a buy rating in a research note on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Energy Fuels currently has a consensus rating of Hold and an average target price of $3.25.

Shares of Energy Fuels (NYSEAMERICAN UUUU) opened at $1.69 on Thursday. Energy Fuels has a one year low of $1.29 and a one year high of $2.71.

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Energy Fuels Company Profile

Energy Fuels Inc (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.

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