Energy Fuels Inc. [AMEX: UUUU] traded at a high on 03/02/21, posting a 19.27 gain after which it closed the day’ session at $6.19. The company report on March 2, 2021 that Neo Performance Materials and Energy Fuels Announce Joint Launch of U.S.-European Rare Earth Production Initiative.
Separated Rare Earth Products Produced in Europe from U.S.-Sourced Feedstock is Expected to Strengthen and Diversify U.S. and European Rare Earth Supply Chains.
Neo Performance Materials (TSX: NEO) (“Neo”) and Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels”) are pleased to announce a new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of heavy mineral sands mined in the southeastern United States. Energy Fuels will process the monazite sands into a mixed rare earth carbonate (“RE Carbonate”) in Utah for use as feed material for Neo’s value-added separated rare earth production plant in Europe. Energy Fuels is also continuing to evaluate developing additional value-added U.S rare earth production capabilities in Utah in the future.
The results of the trading session contributed to over 10613732 shares changing hands. Over the past one week, the price volatility of Energy Fuels Inc. stands at 10.55% while the volatility over the past one month is 11.20%.
The market cap for UUUU stock reached $831.26 million, with 134.29 million shares outstanding and 128.78 million shares in the current float. Compared to the average trading volume of 5.14M shares, UUUU reached a trading volume of 10613732 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Energy Fuels Inc. [UUUU]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UUUU shares is $4.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UUUU stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Energy Fuels Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 13, 2021. The new note on the price target was released on January 06, 2021, representing the official price target for Energy Fuels Inc. stock. On September 22, 2016, analysts decreased their price target for UUUU shares from 6.30 to 5.
The Average True Range (ATR) for Energy Fuels Inc. is set at 0.56, with the Price to Sales ratio for UUUU stock in the period of the last 12 months amounting to 420.89. The Price to Book ratio for the last quarter was 5.35.
How has UUUU stock performed recently?
Energy Fuels Inc. [UUUU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.58. With this latest performance, UUUU shares gained by 62.89% in over the last four-week period, additionally plugging by 225.79% over the last 6 months – not to mention a rise of 383.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UUUU stock in for the last two-week period is set at 64.07, with the RSI for the last a single of trading hit 65.62, and the three-weeks RSI is set at 63.59 for Energy Fuels Inc. [UUUU]. The present Moving Average for the last 50 days of trading for this stock 4.54, while it was recorded at 5.52 for the last single week of trading, and 2.47 for the last 200 days.
Energy Fuels Inc. [UUUU]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Energy Fuels Inc. [UUUU] shares currently have an operating margin of -691.92 and a Gross Margin at -244.91. Energy Fuels Inc.’s Net Margin is presently recorded at -647.54.
Return on Total Capital for UUUU is now -26.13, given the latest momentum, and Return on Invested Capital for the company is -26.53. Return on Equity for this stock declined to -28.21, with Return on Assets sitting at -20.29. When it comes to the capital structure of this company, Energy Fuels Inc. [UUUU] has a Total Debt to Total Equity ratio set at 14.11. Additionally, UUUU Total Debt to Total Capital is recorded at 12.37, with Total Debt to Total Assets ending up at 10.19. Long-Term Debt to Equity for the company is recorded at 0.60, with the Long-Term Debt to Total Capital now at 0.52.
Reflecting on the efficiency of the workforce at the company, Energy Fuels Inc. [UUUU] managed to generate an average of -$530,452 per employee. Receivables Turnover for the company is 4.78 with a Total Asset Turnover recorded at a value of 0.03.
Earnings analysis for Energy Fuels Inc. [UUUU]
With the latest financial reports released by the company, Energy Fuels Inc. posted -0.04/share EPS, while the average EPS was predicted by analysts to be reported at -0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 33.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UUUU.
Insider trade positions for Energy Fuels Inc. [UUUU]
There are presently around $187 million, or 22.05% of UUUU stock, in the hands of institutional investors. The top three institutional holders of UUUU stocks are: BLACKROCK INC. with ownership of 6,904,807, which is approximately 17.252% of the company’s market cap and around 1.57% of the total institutional ownership; OLD WEST INVESTMENT MANAGEMENT, LLC, holding 5,255,319 shares of the stock with an approximate value of $32.53 million in UUUU stocks shares; and VANGUARD GROUP INC, currently with $27.09 million in UUUU stock with ownership of nearly 9.306% of the company’s market capitalization.
Positions in Energy Fuels Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 69 institutional holders increased their position in Energy Fuels Inc. [AMEX:UUUU] by around 4,149,670 shares. Additionally, 27 investors decreased positions by around 2,339,099 shares, while 17 investors held positions by with 23,645,201 shares. The mentioned changes placed institutional holdings at 30,133,970 shares, according to the latest SEC report filing. UUUU stock had 29 new institutional investments in for a total of 561,774 shares, while 13 institutional investors sold positions of 719,234 shares during the same period.