Insider Selling: Energy Fuels Inc. (NYSE:UUUU) Director Sells 18,615 Shares of Stock

Energy Fuels Inc. (NYSE:UUUU) Director Dennis Lyle Higgs sold 18,615 shares of the 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 sale, the director now owns 291,422 shares of the company’s stock, valued at $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Energy Fuels Stock Performance

Shares of NYSE:UUUU opened at $6.98 on Friday. Energy Fuels Inc. has a 52-week low of $4.19 and a 52-week high of $8.59. The firm has a market capitalization of $1.37 billion, a P/E ratio of -31.73 and a beta of 1.60. The stock has a 50 day moving average price of $6.02 and a 200-day moving average price of $5.77.

Energy Fuels (NYSE:UUUU) last announced its earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The firm had revenue of $4.05 million during the quarter, compared to the consensus estimate of $5.10 million. On average, equities analysts forecast that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Institutional Trading of Energy Fuels

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Eastern Bank purchased a new stake in shares of Energy Fuels in the 3rd quarter worth approximately $27,000. Lynx Investment Advisory purchased a new stake in shares of Energy Fuels in the 2nd quarter worth approximately $30,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Energy Fuels in the 2nd quarter worth approximately $31,000. Signaturefd LLC grew its stake in shares of Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after buying an additional 4,321 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. purchased a new stake in shares of Energy Fuels in the 3rd quarter worth approximately $53,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on UUUU shares. Roth Mkm dropped their target price on 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 upped their price target on Energy Fuels from $10.75 to $11.00 and gave the company a “buy” rating in a research report on Monday, November 4th.

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.