Dennis Lyle Higgs Sells 6,000 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs sold 6,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $20.64, for a total value of $123,840.00. Following the completion of the transaction, the director directly owned 151,113 shares of the company’s stock, valued at approximately $3,118,972.32. This trade represents a 3.82% 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.

Dennis Lyle Higgs also recently made the following trade(s):

• On Monday, March 9th, Dennis Lyle Higgs sold 8,000 shares of Energy Fuels stock. The shares were sold at an average price of $19.62, for a total transaction of $156,960.00.

Energy Fuels Price Performance

Shares of UUUU stock traded down $0.40 during mid-day trading on Wednesday, reaching $19.91. The company’s stock had a trading volume of 5,042,055 shares, compared to its average volume of 14,645,896. The firm’s 50-day moving average is $21.21 and its two-hundred day moving average is $17.77. The company has a market cap of $4.72 billion, a P/E ratio of -52.39 and a beta of 1.42. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $27.90. The company has a debt-to-equity ratio of 0.99, a quick ratio of 28.34 and a current ratio of 30.69.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its earnings results on Friday, February 27th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.05). Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. On average, research analysts predict 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. The Goldman Sachs Group began coverage on Energy Fuels in a research note on Tuesday, February 10th. They issued a “buy” rating and a $30.00 price objective on the stock. Roth Mkm upgraded Energy Fuels from a “sell” rating to a “neutral” rating and raised their target price for the stock from $13.00 to $15.50 in a research report on Wednesday, January 28th. B. Riley Financial boosted their price target on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Finally, HC Wainwright upped their price objective on shares of Energy Fuels from $26.75 to $27.25 and gave the stock a “buy” rating in a research note on Friday, February 27th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Energy Fuels presently has an average rating of “Moderate Buy” and an average target price of $24.94.

Institutional Trading of Energy Fuels

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UUUU. Vanguard Group Inc. raised its holdings in Energy Fuels by 26.1% during the 4th quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock worth $217,449,000 after purchasing an additional 3,095,806 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Energy Fuels by 11.5% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,246,295 shares of the company’s stock valued at $188,085,000 after purchasing an additional 1,264,050 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Energy Fuels by 18.8% during the 4th quarter. Van ECK Associates Corp now owns 12,108,694 shares of the company’s stock worth $176,052,000 after buying an additional 1,913,952 shares during the period. Ameriprise Financial Inc. grew its position in shares of Energy Fuels by 4.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock worth $52,918,000 after buying an additional 410,894 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Energy Fuels by 93.6% during the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock worth $25,105,000 after buying an additional 2,111,466 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

About Energy Fuels

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.