Uranium Resources, Inc. (URRE) Rating Increased to Sell at ValuEngine

Uranium Resources, Inc. (NASDAQ:URRE) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Tuesday, June 27th.

Several other brokerages have also issued reports on URRE. Zacks Investment Research upgraded Uranium Resources from a “hold” rating to a “buy” rating and set a $1.50 target price on the stock in a research note on Wednesday, June 21st. Roth Capital set a $3.00 price target on Uranium Resources and gave the company a “buy” rating in a research report on Wednesday, May 24th.

Uranium Resources (URRE) opened at 1.62 on Tuesday. The firm’s market capitalization is $39.71 million. The company’s 50 day moving average price is $1.49 and its 200-day moving average price is $1.78. Uranium Resources has a 12-month low of $0.97 and a 12-month high of $4.00.

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An institutional investor recently bought a new position in Uranium Resources stock. Citadel Advisors LLC bought a new position in Uranium Resources, Inc. (NASDAQ:URRE) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 155,634 shares of the basic materials company’s stock, valued at approximately $293,000. Citadel Advisors LLC owned 0.64% of Uranium Resources at the end of the most recent quarter. Institutional investors 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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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