Energy Fuels (NYSEAMERICAN:UUUU) Shares Down 8.7% – Time to Sell?

Energy Fuels Inc (NYSEAMERICAN:UUUU)’s share price traded down 8.7% during mid-day trading on Monday . The stock traded as low as $23.01 and last traded at $23.28. 11,390,881 shares changed hands during trading, a decline of 30% from the average session volume of 16,174,293 shares. The stock had previously closed at $25.50.

Analysts Set New Price Targets

A number of research analysts recently issued reports on UUUU shares. HC Wainwright restated a “buy” rating and set a $26.75 price objective on shares of Energy Fuels in a report on Friday, January 9th. Roth Mkm set a $13.00 price objective on shares of Energy Fuels in a research report on Thursday, January 15th. Finally, B. Riley lifted their target price on Energy Fuels to $27.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $22.25.

Energy Fuels Price Performance

The company has a market capitalization of $5.54 billion, a P/E ratio of -47.61 and a beta of 1.47. The company’s 50-day moving average price is $16.58 and its two-hundred day moving average price is $14.89.

Insider Buying and Selling

In other news, VP Curtis Moore sold 25,000 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $15.58, for a total transaction of $389,500.00. Following the completion of the sale, the vice president directly owned 119,193 shares in the company, valued at approximately $1,857,026.94. This represents a 17.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Timothy James Carstens sold 59,594 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $14.93, for a total transaction of $889,738.42. Following the sale, the executive vice president owned 107,435 shares in the company, valued at $1,604,004.55. The trade was a 35.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 463,119 shares of company stock valued at $6,935,437 in the last quarter. Corporate insiders own 1.92% of the company’s stock.

Institutional Trading of Energy Fuels

A number of large investors have recently bought and sold shares of UUUU. Vanguard Group Inc. boosted its position in Energy Fuels by 50.6% during the third quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock worth $182,420,000 after purchasing an additional 3,991,202 shares during the period. Van ECK Associates Corp raised its position in shares of Energy Fuels by 35.4% in the third quarter. Van ECK Associates Corp now owns 10,194,742 shares of the company’s stock valued at $156,489,000 after purchasing an additional 2,664,735 shares during the period. Bank of America Corp DE boosted its holdings in Energy Fuels by 93.6% in the 2nd 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 period. BNP Paribas Financial Markets grew its stake in Energy Fuels by 530.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock valued at $11,892,000 after buying an additional 1,740,183 shares in the last quarter. Finally, Capital Research Global Investors bought a new stake in Energy Fuels during the 3rd quarter valued at $22,800,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.

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.