Eight Capital Remains a Buy on Energy Fuels (UUUU)

Eight Capital analyst Eight Capital maintained a Buy rating on Energy Fuels (UUUUResearch Report) on April 21 and set a price target of C$14.60. The company’s shares closed last Friday at $8.19.

Energy Fuels has an analyst consensus of Strong Buy, with a price target consensus of $10.55, which is a 21.3% upside from current levels. In a report issued on April 14, Noble Financial also maintained a Buy rating on the stock with a C$13.00 price target.

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The company has a one-year high of $11.39 and a one-year low of $4.32. Currently, Energy Fuels has an average volume of 4.75M.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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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