Energy Fuels Inc. (NYSE:UUUU) Director Dennis Lyle Higgs Sells 18,615 Shares

Energy Fuels Inc. (NYSE:UUUU) Director Dennis Lyle Higgs sold 18,615 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the transaction, the director now owns 291,422 shares in the company, valued at approximately $2,106,981.06. This trade represents a 6.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Energy Fuels Stock Performance

Shares of NYSE UUUU traded up $0.13 during mid-day trading on Thursday, reaching $7.07. The company had a trading volume of 4,027,190 shares, compared to its average volume of 3,158,290. Energy Fuels Inc. has a one year low of $4.19 and a one year high of $8.59. The business’s 50-day simple moving average is $5.93 and its 200 day simple moving average is $5.75. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -31.64 and a beta of 1.60.

Energy Fuels (NYSE:UUUU) last issued its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The firm had revenue of $4.05 million for the quarter, compared to the consensus estimate of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. On average, sell-side analysts anticipate that Energy Fuels Inc. will post -0.1 EPS for the current year.

Institutional Trading of Energy Fuels

Several institutional investors and hedge funds have recently modified their holdings of the business. Van ECK Associates Corp lifted its holdings in shares of Energy Fuels by 84.8% in the third quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock worth $12,961,000 after acquiring an additional 1,083,480 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Energy Fuels by 233.1% in the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after buying an additional 632,713 shares in the last quarter. Lloyd Harbor Capital Management LLC bought a new stake in shares of Energy Fuels during the second quarter worth $2,787,000. Stanley Laman Group Ltd. increased its holdings in shares of Energy Fuels by 65.2% during the third quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company’s stock worth $4,313,000 after buying an additional 309,958 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Energy Fuels by 14.1% in the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock valued at $12,731,000 after acquiring an additional 285,680 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on UUUU shares. Roth Mkm lowered their target price on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a research note on Monday, November 4th. HC Wainwright boosted their target price on shares of Energy Fuels from $10.75 to $11.00 and gave the company a “buy” rating in a research report on Monday, November 4th.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.