Energy Fuels (NYSEAMERICAN:UUUU) Director Sells $123,840.00 in Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs sold 6,000 shares of Energy Fuels stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $20.64, for a total transaction of $123,840.00. Following the sale, the director directly owned 151,113 shares of the company’s stock, valued at $3,118,972.32. This represents a 3.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Dennis Lyle Higgs also recently made the following trade(s):

• On Monday, March 9th, Dennis Lyle Higgs sold 8,000 shares of Energy Fuels stock. The stock was sold at an average price of $19.62, for a total value of $156,960.00.

Energy Fuels Trading Down 2.0%

Shares of Energy Fuels stock traded down $0.40 during trading on Wednesday, reaching $19.91. 5,042,055 shares of the company were exchanged, compared to its average volume of 14,645,896. The company has a quick ratio of 28.34, a current ratio of 30.69 and a debt-to-equity ratio of 0.99. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $27.90. The business has a 50-day moving average price of $21.21 and a 200-day moving average price of $17.77. The firm has a market capitalization of $4.72 billion, a price-to-earnings ratio of -52.39 and a beta of 1.42.

Energy Fuels (NYSEAMERICAN:UUUU) last released its earnings results on Friday, February 27th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.05). Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. Sell-side analysts anticipate that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Energy Fuels

Several institutional investors have recently modified their holdings of UUUU. Vanguard Group Inc. grew its position in shares of Energy Fuels by 50.6% in the 3rd quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock valued at $182,420,000 after purchasing an additional 3,991,202 shares during the period. Van ECK Associates Corp raised its holdings in Energy Fuels by 35.4% during the 3rd quarter. Van ECK Associates Corp now owns 10,194,742 shares of the company’s stock worth $156,489,000 after buying an additional 2,664,735 shares during the period. Bank of America Corp DE lifted its stake in Energy Fuels by 93.6% in the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after buying an additional 2,111,466 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Energy Fuels by 108.7% in the fourth quarter. Morgan Stanley now owns 3,952,694 shares of the company’s stock valued at $57,472,000 after buying an additional 2,058,920 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Energy Fuels by 530.6% in the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock valued at $11,892,000 after buying an additional 1,740,183 shares during the period. Institutional investors own 48.24% of the company’s stock.

Analysts Set New Price Targets

UUUU has been the topic of a number of analyst reports. B. Riley Financial increased their price target on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. HC Wainwright upped their target price on shares of Energy Fuels from $26.75 to $27.25 and gave the company a “buy” rating in a research note on Friday, February 27th. The Goldman Sachs Group initiated coverage on shares of Energy Fuels in a report on Tuesday, February 10th. They issued a “buy” rating and a $30.00 target price on the stock. Finally, Roth Mkm raised shares of Energy Fuels from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $13.00 to $15.50 in a research report on Wednesday, January 28th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.94.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.