Energy Fuels Inc. (NYSE:UUUU) Director J. Birks Bovaird Sells 10,000 Shares

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 transaction, the director now owns 178,380 shares in the company, valued at approximately $970,387.20. This trade represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Energy Fuels Stock Performance

Shares of NYSE:UUUU traded up $0.29 during trading on Wednesday, reaching $5.56. The company had a trading volume of 7,108,393 shares, compared to its average volume of 5,568,145. Energy Fuels Inc. has a twelve month low of $4.19 and a twelve month high of $8.21. The firm has a market capitalization of $1.10 billion, a PE ratio of -25.27 and a beta of 1.71. The firm’s fifty day moving average is $5.86 and its 200 day moving average is $5.63.

Energy Fuels (NYSE:UUUU) last posted its quarterly earnings data 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 return on equity of 9.16% and a negative net margin of 90.40%. Equities analysts predict that Energy Fuels Inc. will post -0.1 earnings per share for the current fiscal year.

Institutional Trading of Energy Fuels

Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in Energy Fuels by 217.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 223,061 shares of the company’s stock valued at $1,225,000 after purchasing an additional 152,751 shares in the last quarter. Barclays PLC increased its position in Energy Fuels by 126.6% in the 3rd quarter. Barclays PLC now owns 412,137 shares of the company’s stock valued at $2,262,000 after acquiring an additional 230,259 shares in the last quarter. Bridgewater Associates LP raised its stake in shares of Energy Fuels by 8.8% in the third quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock worth $9,094,000 after acquiring an additional 134,531 shares during the last quarter. Geode Capital Management LLC boosted its position in 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 buying an additional 285,680 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased 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 worth $4,966,000 after purchasing an additional 632,713 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UUUU has been the subject of several research analyst reports. HC Wainwright reaffirmed a “buy” rating and issued a $11.00 price objective on shares of Energy Fuels in a research note on Wednesday, December 11th. Roth Mkm reduced their price target 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.

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.