Noble Financial Sticks to Its Hold Rating for Energy Fuels Inc (UUUU)

In a report released today, Mark Reichman from Noble Financial maintained a Hold rating on Energy Fuels Inc (UUUUResearch Report). The company’s shares closed on Friday at $1.93, close to its 52-week low of $1.90.

According to TipRanks.com, Reichman has 0 stars on 0-5 star ranking scale with an average return of -15.7% and a 18.3% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Avino Silver & Gold.

Currently, the analyst consensus on Energy Fuels Inc is a Moderate Buy with an average price target of $4.50.

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Based on Energy Fuels Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $12.13 million. In comparison, last year the company had a net profit of $7.15 million.

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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.