Energy Fuels (NYSEAMERICAN:UUUU) Posts Earnings Results

Energy Fuels (NYSEAMERICAN:UUUU) announced its quarterly earnings data on Wednesday. The company reported ($0.13) earnings per share for the quarter, FiscalAI reports. The company had revenue of $25.11 million for the quarter. Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%.

Energy Fuels Stock Down 3.3%

NYSEAMERICAN:UUUU traded down $0.42 during midday trading on Wednesday, reaching $12.44. 9,678,780 shares of the stock traded hands, compared to its average volume of 11,223,932. The business has a 50-day moving average of $14.25 and a two-hundred day moving average of $18.30. Energy Fuels has a 12-month low of $8.16 and a 12-month high of $27.90. The stock has a market capitalization of $3.11 billion, a PE ratio of -42.90 and a beta of 1.53. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51.

Insiders Place Their Bets

In other Energy Fuels news, Director Bruce D. Hansen acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was acquired at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the purchase, the director owned 313,844 shares in the company, valued at approximately $3,985,818.80. The trade was a 1.29% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ross R. Bhappu bought 74,000 shares of Energy Fuels stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average cost of $13.08 per share, with a total value of $967,920.00. Following the acquisition, the chief executive officer owned 256,583 shares of the company’s stock, valued at $3,356,105.64. The trade was a 40.53% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.97% of the company’s stock.

Institutional Trading of Energy Fuels

A number of hedge funds have recently modified their holdings of the stock. G&S Capital LLC raised its position in Energy Fuels by 14.7% during the second quarter. G&S Capital LLC now owns 26,708 shares of the company’s stock valued at $387,000 after acquiring an additional 3,430 shares in the last quarter. GK Wealth Management LLC purchased a new stake in Energy Fuels in the 2nd quarter worth approximately $148,000. CoreCap Advisors LLC grew its stake in shares of Energy Fuels by 591.7% during the 2nd quarter. CoreCap Advisors LLC now owns 4,150 shares of the company’s stock worth $60,000 after purchasing an additional 3,550 shares during the period. Hilltop National Bank grew its stake in shares of Energy Fuels by 39.1% during the 2nd quarter. Hilltop National Bank now owns 4,284 shares of the company’s stock worth $62,000 after purchasing an additional 1,204 shares during the period. Finally, Sapient Capital LLC purchased a new position in shares of Energy Fuels during the 1st quarter valued at approximately $6,486,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UUUU. Roth Capital set a $16.00 price target on Energy Fuels in a report on Thursday, June 25th. HC Wainwright reissued a “buy” rating and set a $29.00 price target on shares of Energy Fuels in a research report on Monday, June 22nd. Finally, The Goldman Sachs Group decreased their price objective on Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a report on Friday, June 12th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.25.

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.