Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) saw a significant decrease in short interest during the month of December. As of December 29th, there was short interest totalling 1,959,932 shares, a decrease of 3.0% from the December 15th total of 2,021,584 shares. Based on an average daily volume of 191,703 shares, the short-interest ratio is presently 10.2 days. Approximately 4.0% of the shares of the stock are short sold.
In related news, Director Dennis Lyle Higgs sold 15,500 shares of the company’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $2.00, for a total value of $31,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 35,500 shares of company stock worth $69,500.
Several analysts have issued reports on the company. Noble Financial reaffirmed a “hold” rating on shares of Energy Fuels in a research note on Tuesday, November 14th. HC Wainwright set a $5.00 target price on Energy Fuels and gave the stock a “buy” rating in a research note on Tuesday, November 14th. ValuEngine raised Energy Fuels from a “strong sell” rating to a “sell” rating in a research note on Thursday, November 9th. Finally, Zacks Investment Research lowered Energy Fuels from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Energy Fuels currently has an average rating of “Hold” and an average target price of $3.25.
Shares of Energy Fuels (NYSEAMERICAN UUUU) opened at $1.81 on Friday. The firm has a market capitalization of $129.61, a P/E ratio of -4.76 and a beta of 0.49. Energy Fuels has a 52 week low of $1.29 and a 52 week high of $2.71.
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About Energy Fuels
Energy Fuels Inc (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.
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