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Boom Or Bust: What Are Energy Fuels Inc.’s (AMEX:UUUU) Future Prospects?

Energy Fuels Inc. (AMEX:UUUU)’s traded shares stood at 0.44 million during the last session. At the last check today, the stock’s price was $6.59,…

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This article was originally published by The Marketing Sentinal

Energy Fuels Inc. (AMEX:UUUU)’s traded shares stood at 0.44 million during the last session. At the last check today, the stock’s price was $6.59, to imply a decrease of -0.53% or -$0.03 in intraday trading. The UUUU share’s 52-week high remains $11.00, putting it -66.92% down since that peak but still an impressive 28.83% since price per share fell to its 52-week low of $4.69. The company has a valuation of $1.03B, with an average of 1.47 million shares in intraday trading volume over the past 10 days and average of 1.67 million shares over the past 3 months.

Analysts have given a consensus recommendation of a Buy for Energy Fuels Inc. (UUUU), translating to a mean rating of 2.00. Of 8 analyst(s) looking at the stock, 0 analyst(s) give UUUU a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.02.

Energy Fuels Inc. (AMEX:UUUU) trade information

After registering a -0.53% downside in the latest session, Energy Fuels Inc. (UUUU) has traded red over the past five days. The stock hit a weekly high of 7.23 this Thursday, 02/23/23, dropping -0.53% in its intraday price action. The 5-day price performance for the stock is -8.41%, and -10.53% over 30 days. With these gigs, the year-to-date price performance is 6.04%. Short interest in Energy Fuels Inc. (AMEX:UUUU) saw shorts transact 19.46 million shares and set a 11.6 days time to cover.

Analysts on Wall Street suggest a consensus price target of $10.94, implying an increase of 39.76% to the stock’s recent value. The extremes give us $8.50 and $13.00 for target low and target high price respectively. As such, UUUU has been trading -97.27% off suggested target high and -28.98% from its likely low.

Energy Fuels Inc. (UUUU) estimates and forecasts

Looking at statistics comparing Energy Fuels Inc. share performance against respective industry, we note that the company has underperformed competitors. Energy Fuels Inc. (UUUU) shares are -9.79% down over the last 6 months, with its year-to-date growth rate lower than industry average at -43.48% against -9.20%. Revenue is forecast to grow 71.40% this quarter before jumping 1,160.00% for the next one. The rating firms project that company’s revenue will grow 437.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is $3.6 million. Meanwhile, for the quarter ending Mar 2023, a total of 1 analyst(s) estimate revenue growth to $19.5 million.Earnings reports from the last fiscal year show that sales brought in $1.66 million and $2.94 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 116.90% before jumping 563.90% in the following quarter.

UUUU Dividends

Energy Fuels Inc. has its next earnings report out between March 13 and March 17. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Energy Fuels Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Energy Fuels Inc. (AMEX:UUUU)’s Major holders

Energy Fuels Inc. insiders hold 1.65% of total outstanding shares, with institutional holders owning 45.00% of the shares at 45.76% float percentage. In total, 45.00% institutions holds shares in the company, led by Mirae Asset Global Investments Co., Ltd. As of Sep 29, 2022, the company held over 8.44 million shares (or 5.35% of shares), all amounting to roughly $51.67 million.

The next major institution holding the largest number of shares is Blackrock Inc. with 7.7 million shares, or about 4.88% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $47.11 million.

We also have Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF as the top two Mutual Funds with the largest holdings of the Energy Fuels Inc. (UUUU) shares. Going by data provided on Dec 30, 2022, Global X Fds-Global X Uranium ETF holds roughly 7.95 million shares. This is just over 5.04% of the total shares, with a market valuation of $49.35 million. Data from the same date shows that the other fund manager holds a little less at 6.94 million, or 4.40% of the shares, all valued at about 48.15 million.

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