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 firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total transaction of $100,100.00. Following the sale, the director now owns 165,528 shares in the company, valued at approximately $946,820.16. This trade represents a 9.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Energy Fuels Stock Performance

Shares of UUUU stock opened at $5.41 on Friday. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of -24.59 and a beta of 1.64. Energy Fuels Inc. has a one year low of $4.19 and a one year high of $8.21. The company has a 50 day moving average price of $6.43 and a 200 day moving average price of $5.77.

Energy Fuels (NYSE:UUUU) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The firm had revenue of $4.05 million for the quarter, compared to analyst estimates of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. As a group, equities analysts forecast that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Energy Fuels

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in shares of Energy Fuels by 84.8% in the 3rd quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock valued at $12,961,000 after purchasing an additional 1,083,480 shares in the last quarter. Geode Capital Management LLC raised its holdings in Energy Fuels by 14.1% in the third 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 period. Bridgewater Associates LP lifted its position in Energy Fuels by 8.8% during the third quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock valued at $9,094,000 after buying an additional 134,531 shares in the last quarter. Goehring & Rozencwajg Associates LLC grew its stake in Energy Fuels by 19.7% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,095,044 shares of the company’s stock worth $6,636,000 after buying an additional 179,900 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in Energy Fuels by 233.1% during the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock worth $4,966,000 after buying an additional 632,713 shares during the period. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on UUUU shares. HC Wainwright restated a “buy” rating and set a $11.00 price objective on shares of Energy Fuels in a report on Wednesday, December 11th. Roth Mkm reduced 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.

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.