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Energy Fuels (UUUU) Shows Strength: Stock Soars 14.1%

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Energy Fuels Inc. (UUUU - Free Report) was a big mover last session, as its shares rose a little over 14% on the day. The move came after the company announced that the U.S. Bureau of Land Management has issued a Final Environmental Impact Statement and Record of Decision for the company’s 100%-owned Sheep Mountain Project located in the Crooks Gap Mining District of central Wyoming. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.50 to $1.95 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Energy Fuels currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the mining-non ferrous space is KAZ MINERALS PLC UNSP ADR EACH , sporting a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is UUUU going up? Or down? Predict to see what others think: Up or Down

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