Dennis Lyle Higgs Sells 8,000 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs sold 8,000 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $19.62, for a total value of $156,960.00. Following the completion of the sale, the director owned 157,113 shares of the company’s stock, valued at $3,082,557.06. This trade represents a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, March 10th, Dennis Lyle Higgs sold 6,000 shares of Energy Fuels stock. The shares were sold at an average price of $20.64, for a total value of $123,840.00.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $19.82 on Friday. The stock has a 50-day simple moving average of $21.42 and a two-hundred day simple moving average of $17.80. Energy Fuels Inc has a 52-week low of $3.20 and a 52-week 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. The firm has a market capitalization of $4.70 billion, a PE ratio of -52.16 and a beta of 1.42.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its quarterly earnings data on Friday, February 27th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.05). Energy Fuels had a negative return on equity of 13.15% and a negative net margin of 130.63%. Analysts forecast that Energy Fuels Inc will post -0.1 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new position in Energy Fuels in the 1st quarter worth approximately $871,000. NewEdge Advisors LLC raised its position in shares of Energy Fuels by 67.7% during the first quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock valued at $216,000 after buying an additional 23,356 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Energy Fuels by 11.1% in the second quarter. Bank of Montreal Can now owns 613,750 shares of the company’s stock worth $3,549,000 after buying an additional 61,218 shares in the last quarter. Savant Capital LLC purchased a new position in shares of Energy Fuels in the second quarter worth $65,000. Finally, Wedbush Securities Inc. boosted its position in shares of Energy Fuels by 15.8% during the second quarter. Wedbush Securities Inc. now owns 12,850 shares of the company’s stock worth $74,000 after acquiring an additional 1,750 shares during the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on UUUU shares. HC Wainwright lifted their price target on shares of Energy Fuels from $26.75 to $27.25 and gave the company a “buy” rating in a report on Friday, February 27th. The Goldman Sachs Group initiated coverage on shares of Energy Fuels in a research note on Tuesday, February 10th. They issued a “buy” rating and a $30.00 price objective for the company. Roth Mkm upgraded shares of Energy Fuels from a “sell” rating to a “neutral” rating and raised their price objective for the company from $13.00 to $15.50 in a research report on Wednesday, January 28th. Finally, B. Riley Financial lifted their target price on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $24.94.

Energy Fuels Company Profile

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.