Energy Fuels (NYSEAMERICAN:UUUU) Director Bruce Hansen Buys 4,000 Shares of Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Bruce Hansen purchased 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The shares were purchased at an average price of $12.70 per share, with a total value of $50,800.00. Following the completion of the transaction, the director directly owned 313,844 shares of the company’s stock, valued at $3,985,818.80. This represents a 1.29% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Energy Fuels Stock Up 2.7%

NYSEAMERICAN UUUU opened at $13.49 on Friday. The business has a fifty day moving average price of $16.99 and a 200 day moving average price of $18.90. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51. The company has a market cap of $3.37 billion, a P/E ratio of -46.52 and a beta of 1.49. Energy Fuels Inc has a one year low of $6.00 and a one year high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 83.26%.The business had revenue of $35.84 million for the quarter. During the same quarter in the previous year, the business posted ($0.13) earnings per share. The firm’s revenue was up 112.1% compared to the same quarter last year. Research analysts anticipate that Energy Fuels Inc will post -0.14 EPS for the current fiscal year.

Institutional Trading of Energy Fuels

A number of hedge funds and other institutional investors have recently modified their holdings of UUUU. AQR Capital Management LLC purchased a new stake in shares of Energy Fuels in the first quarter valued at about $871,000. NewEdge Advisors LLC raised its stake in Energy Fuels by 67.7% during the first quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock worth $216,000 after purchasing an additional 23,356 shares during the period. Creative Planning raised its stake in Energy Fuels by 56.9% during the second quarter. Creative Planning now owns 53,344 shares of the company’s stock worth $307,000 after purchasing an additional 19,339 shares during the period. Prudential Financial Inc. boosted its holdings in Energy Fuels by 82.1% in the 2nd quarter. Prudential Financial Inc. now owns 22,540 shares of the company’s stock valued at $130,000 after purchasing an additional 10,163 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Energy Fuels by 31.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 15,994 shares of the company’s stock valued at $92,000 after purchasing an additional 3,854 shares during the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UUUU has been the subject of several research reports. The Goldman Sachs Group dropped their price objective on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, June 12th. Roth Capital set a $16.00 target price on shares of Energy Fuels in a research note on Thursday, June 25th. Finally, HC Wainwright restated a “buy” rating and set a $29.00 target price on shares of Energy Fuels in a report on Monday, June 22nd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Energy Fuels has a consensus rating of “Moderate Buy” and a consensus price target of $23.25.

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.