Insider Selling: Energy Fuels Inc. (NYSE:UUUU) Director Sells 17,500 Shares of Stock

Energy Fuels Inc. (NYSE:UUUU) Director Alex G. Morrison sold 17,500 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the transaction, the director now owns 165,528 shares in the company, valued at $946,820.16. This represents a 9.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Energy Fuels Stock Down 3.4 %

Shares of Energy Fuels stock traded down $0.19 during trading hours on Wednesday, reaching $5.36. 4,859,819 shares of the stock traded hands, compared to its average volume of 3,256,313. The company has a 50 day moving average price of $6.43 and a 200 day moving average price of $5.78. Energy Fuels Inc. has a one year low of $4.19 and a one year high of $8.21. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -24.36 and a beta of 1.64.

Energy Fuels (NYSE:UUUU) last announced its earnings results on Thursday, October 31st. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The business had revenue of $4.05 million for the quarter, compared to analysts’ expectations of $5.10 million. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. Sell-side analysts anticipate that Energy Fuels Inc. will post -0.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on UUUU. 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. Roth Mkm decreased their target price on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a research note on Monday, November 4th.

Hedge Funds Weigh In On Energy Fuels

Several institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC raised its stake in shares of Energy Fuels by 127.7% in the second quarter. SG Americas Securities LLC now owns 34,657 shares of the company’s stock worth $210,000 after buying an additional 19,439 shares during the period. Bank of New York Mellon Corp lifted its holdings in Energy Fuels by 20.8% during the second quarter. Bank of New York Mellon Corp now owns 573,284 shares of the company’s stock valued at $3,474,000 after purchasing an additional 98,895 shares in the last quarter. Azarias Capital Management L.P. boosted its position in shares of Energy Fuels by 11.1% in the second quarter. Azarias Capital Management L.P. now owns 870,521 shares of the company’s stock worth $5,275,000 after purchasing an additional 86,920 shares during the period. Van ECK Associates Corp increased its stake in shares of Energy Fuels by 44.4% in the second quarter. Van ECK Associates Corp now owns 1,277,401 shares of the company’s stock worth $7,742,000 after purchasing an additional 392,862 shares in the last quarter. Finally, Rhumbline Advisers raised its position in shares of Energy Fuels by 17.3% during the 2nd quarter. Rhumbline Advisers now owns 277,744 shares of the company’s stock valued at $1,683,000 after purchasing an additional 40,915 shares during the period. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

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.