Shares of Uranium Resources, Inc. (NASDAQ:URRE) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price target of $3.00 for the company and are anticipating that the company will post ($0.13) EPS for the current quarter, according to Zacks. Zacks has also assigned Uranium Resources an industry rank of 240 out of 265 based on the ratings given to related companies.
URRE has been the topic of several recent analyst reports. ValuEngine lowered shares of Uranium Resources from a “sell” rating to a “strong sell” rating in a research note on Wednesday, June 7th. Roth Capital set a $3.00 price target on shares of Uranium Resources and gave the company a “buy” rating in a research note on Wednesday, May 24th. Finally, Zacks Investment Research downgraded Uranium Resources from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th.
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Uranium Resources (NASDAQ URRE) traded down 1.90% during mid-day trading on Friday, reaching $1.55. 103,488 shares of the company were exchanged. The firm’s market capitalization is $38.00 million. Uranium Resources has a 1-year low of $0.97 and a 1-year high of $4.00. The stock has a 50-day moving average of $1.49 and a 200 day moving average of $1.80.
An institutional investor recently bought a new position in Uranium Resources stock. Citadel Advisors LLC acquired a new stake in shares of Uranium Resources, Inc. (NASDAQ:URRE) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 155,634 shares of the basic materials company’s stock, valued at approximately $293,000. Citadel Advisors LLC owned approximately 0.64% of Uranium Resources at the end of the most recent reporting period. Institutional investors and hedge funds own 6.03% of the company’s stock.
Uranium Resources Company Profile
Uranium Resources, Inc is engaged in developing energy-related metals. As of December 16, 2016, the Company had developed land position in two prospective lithium brine basins in Nevada and Utah in preparation for exploration and development of any resources that may be discovered there. In addition, it remains focused on advancing the Temrezli in-situ recovery (ISR) uranium project in Central Turkey when uranium prices permit economic development of this project.
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