Energy Fuels Inc (AMEX: UUUU) In 2024: Will It Be Worth Investing In?

In the last trading session, 2.18 million shares of the Energy Fuels Inc (AMEX:UUUU) were traded, and its beta was 1.62. Most recently the company’s share price was $5.59, and it changed around $0.19 or 3.52% from the last close, which brings the market valuation of the company to $914.92M. UUUU currently trades at a discount to its 52-week high of $8.68, offering almost -55.28% off that amount. The share price’s 52-week low was $4.19, which indicates that the current value has risen by an impressive 25.04% since then. We note from Energy Fuels Inc’s average daily trading volume that its 10-day average is 2.78 million shares, with the 3-month average coming to 2.91 million.

Energy Fuels Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended UUUU as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Energy Fuels Inc is expected to report earnings per share of -0.05 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Energy Fuels Inc (AMEX:UUUU) trade information

Instantly UUUU has showed a green trend with a performance of 3.52% at the end of last trading. The rise to weekly highs of 6.00 on recent trading dayincreased the stock’s daily price by 6.83%. On the other hand, Energy Fuels Inc (AMEX:UUUU) is 30.61% up in the 30-day period. We can see from the shorts that 28.74 million shares have been sold at a short interest cover period of 9.86 day(s).

The consensus price target as assigned by Wall Street analysts is $9.5, which translates to bulls needing to increase their stock price by 41.16% from its current value. Analyst projections state that UUUU is forecast to be at a low of $9 and a high of $10.5.

Energy Fuels Inc (UUUU) estimates and forecasts

Energy Fuels Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -10.42 percent over the past six months and at a 8.33% annual growth rate that is well below the industry average of 14.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -171.40% in revenue this quarter, and will report an increase of 69.20% in the next quarter. The year-over-year growth rate is expected to be 32.60%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 5.1M in revenue for the current quarter. 2 analysts expect Energy Fuels Inc to make 8M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 10.99M and 465k respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -53.60%. Forecasts for the next quarter put sales growth at 1,620.40%.

UUUU Dividends

Energy Fuels Inc’s next quarterly earnings report is expected to be released in November.

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

Upon looking at major shareholders, it appears that insiders hold 2.04% of Energy Fuels Inc shares, and 51.78% of them are in the hands of institutional investors. The stock currently has a share float of 52.85%. Energy Fuels Inc stock is held by 260.0 institutions, with ALPS ADVISORS INC being the largest institutional investor. By 2024-06-30, it held 7.3594% of the shares, which is about 12.03 million shares worth $72.88 million.

MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., with 7.2777% or 11.89 million shares worth $72.05 million as of 2024-06-30, holds the second largest percentage of outstanding shares.