Energy Fuels (NYSEAMERICAN:UUUU) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Energy Fuels (NYSEAMERICAN:UUUU) announced its quarterly earnings data on Wednesday. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02), Briefing.com reports. Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. The business’s quarterly revenue was up 112.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.13) EPS.

Energy Fuels Trading Down 0.7%

UUUU stock traded down $0.17 during trading on Thursday, hitting $23.35. 22,589,860 shares of the company traded hands, compared to its average volume of 12,658,161. The firm has a market capitalization of $5.54 billion, a PE ratio of -61.45 and a beta of 1.52. Energy Fuels has a 1 year low of $4.20 and a 1 year high of $27.90. The company has a 50-day moving average of $19.81 and a 200-day moving average of $18.87. The company has a debt-to-equity ratio of 0.99, a quick ratio of 28.34 and a current ratio of 30.69.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on Energy Fuels in a research report on Tuesday, February 10th. They set a “buy” rating and a $30.00 price objective on the stock. Roth Mkm upgraded Energy Fuels from a “sell” rating to a “neutral” rating and increased their target price for the company from $13.00 to $15.50 in a report on Wednesday, January 28th. B. Riley Financial increased their target price on Energy Fuels to $27.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, HC Wainwright increased their target price on Energy Fuels from $26.75 to $27.25 and gave the company a “buy” rating in a report on Friday, February 27th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Energy Fuels has a consensus rating of “Moderate Buy” and an average target price of $24.94.

Insider Buying and Selling

In other Energy Fuels news, VP Curtis Moore sold 10,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $23.12, for a total value of $231,200.00. Following the completion of the sale, the vice president owned 112,415 shares in the company, valued at approximately $2,599,034.80. This trade represents a 8.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Daniel Kapostasy sold 15,000 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $18.71, for a total value of $280,650.00. Following the completion of the sale, the vice president owned 30,486 shares of the company’s stock, valued at approximately $570,393.06. This trade represents a 32.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 69,000 shares of company stock valued at $1,361,200. 0.97% of the stock is owned by insiders.

Institutional Investors Weigh In On Energy Fuels

Institutional investors and hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its holdings in Energy Fuels by 75.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock worth $25,000 after buying an additional 758 shares during the period. Mcguire Capital Advisors Inc. purchased a new stake in Energy Fuels in the 4th quarter worth approximately $27,000. State of Wyoming purchased a new stake in Energy Fuels in the 4th quarter worth approximately $34,000. EFG International AG purchased a new stake in Energy Fuels in the 4th quarter worth approximately $36,000. Finally, Fulcrum Asset Management LLP purchased a new stake in Energy Fuels in the 3rd quarter worth approximately $40,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

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.