Energy Fuels (NYSE:UUUU) Trading 5.1% Higher – Here’s Why

Energy Fuels Inc. (NYSE:UUUU) shares were up 5.1% during trading on Wednesday . The company traded as high as $5.55 and last traded at $5.54. Approximately 1,515,654 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 5,248,294 shares. The stock had previously closed at $5.27.

Analyst Ratings Changes

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

Energy Fuels Stock Down 4.2 %

The company has a market cap of $1.06 billion, a PE ratio of -24.14 and a beta of 1.71. The firm has a fifty day simple moving average of $5.82 and a 200-day simple moving average of $5.62.

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

Insider Transactions at Energy Fuels

In other news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the sale, the director now owns 178,380 shares in the company, valued at approximately $970,387.20. This represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dennis Lyle Higgs sold 18,615 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the completion of the transaction, the director now owns 291,422 shares in the company, valued at $2,106,981.06. This trade represents a 6.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 46,115 shares of company stock worth $289,086. Insiders own 1.92% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its holdings in shares of Energy Fuels by 6.0% during the third quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock worth $161,000 after purchasing an additional 1,653 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Energy Fuels by 2.5% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,287 shares of the company’s stock worth $518,000 after acquiring an additional 2,309 shares during the period. FMR LLC boosted its holdings in shares of Energy Fuels by 3.1% in the third quarter. FMR LLC now owns 82,754 shares of the company’s stock valued at $455,000 after acquiring an additional 2,520 shares in the last quarter. Vontobel Holding Ltd. boosted its holdings in shares of Energy Fuels by 12.4% in the third quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock valued at $187,000 after acquiring an additional 3,752 shares in the last quarter. Finally, Signaturefd LLC increased its stake in shares of Energy Fuels by 261.7% during the third quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after acquiring an additional 4,321 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Company Profile

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.