Uranium Resources, Inc. (URRE) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Uranium Resources, Inc. (NASDAQ:URRE) issued its quarterly earnings results on Monday. The basic materials company reported ($0.11) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.02, MarketWatch Earnings reports. During the same quarter in the previous year, the business posted ($0.86) earnings per share.

Shares of Uranium Resources (NASDAQ URRE) traded down 3.071% during midday trading on Tuesday, reaching $1.357. 70,706 shares of the company’s stock traded hands. The stock’s 50 day moving average is $1.48 and its 200-day moving average is $1.70. The company’s market capitalization is $33.26 million. Uranium Resources has a 52 week low of $0.97 and a 52 week high of $4.00.

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An institutional investor recently bought a new position in Uranium Resources stock. Citadel Advisors LLC purchased a new position 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 fund purchased 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 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 6.03% of the company’s stock.

Several equities research analysts recently commented on URRE shares. ValuEngine lowered shares of Uranium Resources from a “sell” rating to a “strong sell” rating in a report on Wednesday, June 7th. Zacks Investment Research lowered shares of Uranium Resources from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. Finally, Roth Capital set a $3.00 price target on shares of Uranium Resources and gave the stock a “buy” rating in a report on Wednesday, May 24th.

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.

Earnings History for Uranium Resources (NASDAQ:URRE)

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