Zacks: Analysts Set $3.00 Price Target for Uranium Resources, Inc. (NASDAQ:URRE)

Shares of Uranium Resources, Inc. (NASDAQ:URRE) have received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12 month 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 given Uranium Resources an industry rank of 186 out of 265 based on the ratings given to related companies.

A number of equities research analysts have recently issued reports on URRE shares. Zacks Investment Research lowered shares of Uranium Resources from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Roth Capital set a $3.00 target price on shares of Uranium Resources and gave the company a “buy” rating in a research note on Wednesday, May 24th. Finally, ValuEngine lowered shares of Uranium Resources from a “sell” rating to a “strong sell” rating in a research note on Wednesday, June 7th.

COPYRIGHT VIOLATION NOTICE: This news story was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.com-unik.info/2017/08/19/zacks-analysts-set-3-00-price-target-for-uranium-resources-inc-nasdaqurre-updated.html.

A hedge fund recently bought a new stake in Uranium Resources stock. Citadel Advisors LLC bought a new position in shares of Uranium Resources, Inc. (NASDAQ:URRE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 155,634 shares of the basic materials company’s stock, valued at approximately $293,000. Citadel Advisors LLC owned about 0.64% of Uranium Resources as of its most recent filing with the SEC. Institutional investors own 6.03% of the company’s stock.

Uranium Resources (NASDAQ:URRE) traded down 0.72% during mid-day trading on Friday, hitting $1.38. The stock had a trading volume of 207,799 shares. Uranium Resources has a one year low of $0.97 and a one year high of $4.00. The company has a 50 day moving average price of $1.48 and a 200 day moving average price of $1.75. The stock’s market cap is $33.83 million.

About Uranium Resources

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.

Get a free copy of the Zacks research report on Uranium Resources (URRE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

What are top analysts saying about Uranium Resources Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Uranium Resources Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit