Insider Selling: Energy Fuels Inc. (NYSE:UUUU) Director Sells 10,000 Shares of Stock

Energy Fuels Inc. (NYSE:UUUU) Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the sale, the director now directly owns 178,380 shares of the company’s stock, valued at $970,387.20. This represents a 5.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Energy Fuels Price Performance

NYSE:UUUU traded up $0.29 during trading hours on Wednesday, reaching $5.56. The company’s stock had a trading volume of 7,108,393 shares, compared to its average volume of 5,568,145. Energy Fuels Inc. has a one year low of $4.19 and a one year high of $8.21. The business’s 50-day moving average is $5.86 and its 200-day moving average is $5.63. The company has a market cap of $1.10 billion, a price-to-earnings ratio of -25.27 and a beta of 1.71.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp boosted its holdings in Energy Fuels by 104.9% in the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock valued at $24,823,000 after acquiring an additional 2,477,539 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Energy Fuels by 233.1% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after purchasing an additional 632,713 shares during the last quarter. Stanley Laman Group Ltd. grew its position in shares of Energy Fuels by 65.2% during the 3rd 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 during the period. Geode Capital Management LLC raised its stake in shares of Energy Fuels by 14.1% during the third quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock worth $12,731,000 after buying an additional 285,680 shares during the last quarter. Finally, Barclays PLC lifted its holdings in Energy Fuels by 126.6% in the third quarter. Barclays PLC now owns 412,137 shares of the company’s stock valued at $2,262,000 after buying an additional 230,259 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on UUUU shares. Roth Mkm cut their price target on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Monday, November 4th. HC Wainwright restated a “buy” rating and issued a $11.00 price target on shares of Energy Fuels in a report on Wednesday, December 11th.

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.