Insider Selling: Energy Fuels Inc. (NYSE:UUUU) Director Sells $134,586.45 in Stock

Energy Fuels Inc. (NYSE:UUUU) Director Dennis Lyle Higgs sold 18,615 shares of Energy Fuels stock in a transaction that occurred on 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 sale, the director now directly owns 291,422 shares in the company, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Energy Fuels Stock Down 1.1 %

UUUU stock opened at $6.98 on Friday. Energy Fuels Inc. has a twelve month low of $4.19 and a twelve month high of $8.59. The stock’s 50 day moving average is $6.02 and its 200-day moving average is $5.77. The firm has a market capitalization of $1.37 billion, a PE ratio of -31.73 and a beta of 1.60.

Energy Fuels (NYSE:UUUU) last released its 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%. The firm had revenue of $4.05 million during the quarter, compared to analysts’ expectations of $5.10 million. On average, equities research analysts anticipate that Energy Fuels Inc. will post -0.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Energy Fuels

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UUUU. Eastern Bank purchased a new position in Energy Fuels during the third quarter worth about $27,000. Lynx Investment Advisory purchased a new position in shares of Energy Fuels in the 2nd quarter worth about $30,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Energy Fuels in the 2nd quarter worth about $31,000. Signaturefd LLC boosted its holdings 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 purchasing an additional 4,321 shares in the last quarter. Finally, Northwest & Ethical Investments L.P. purchased a new position in shares of Energy Fuels in the 3rd quarter worth about $53,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Roth Mkm decreased their target price on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a report on Monday, November 4th. HC Wainwright upped their price objective on Energy Fuels from $10.75 to $11.00 and gave the stock 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.