Energy Fuels Inc. (NYSE:UUUU) Director Sells $100,100.00 in Stock

Energy Fuels Inc. (NYSE:UUUU - Get Free Report) Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total transaction of $100,100.00. Following the completion of the sale, the director now owns 165,528 shares of the company's stock, valued at approximately $946,820.16. This trade represents a 9.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Energy Fuels Stock Performance

Shares of Energy Fuels stock traded down $0.20 during trading hours on Wednesday, reaching $5.35. The company's stock had a trading volume of 5,759,213 shares, compared to its average volume of 3,263,372. Energy Fuels Inc. has a one year low of $4.19 and a one year high of $8.21. The company's 50 day simple moving average is $6.43 and its 200 day simple moving average is $5.78. The stock has a market cap of $1.05 billion, a P/E ratio of -24.32 and a beta of 1.64.

Energy Fuels (NYSE:UUUU - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. The business had revenue of $4.05 million for the quarter, compared to analyst estimates of $5.10 million. On average, sell-side analysts predict that Energy Fuels Inc. will post -0.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Energy Fuels

Hedge funds and other institutional investors have recently modified their holdings of the company. Van ECK Associates Corp lifted its position in Energy Fuels by 84.8% in the 3rd quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company's stock valued at $12,961,000 after purchasing an additional 1,083,480 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Energy Fuels by 233.1% during the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company's stock valued at $4,966,000 after buying an additional 632,713 shares during the last quarter. Lloyd Harbor Capital Management LLC bought a new stake in shares of Energy Fuels during the second quarter valued at approximately $2,787,000. Stanley Laman Group Ltd. boosted its position in shares of Energy Fuels by 65.2% during the third quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company's stock worth $4,313,000 after buying an additional 309,958 shares during the period. Finally, Geode Capital Management LLC grew its holdings in Energy Fuels by 14.1% in the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company's stock worth $12,731,000 after buying an additional 285,680 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on UUUU shares. Roth Mkm decreased their price target on Energy Fuels from $6.00 to $5.50 and set a "neutral" rating for the company in a research note on Monday, November 4th. HC Wainwright reaffirmed a "buy" rating and set a $11.00 target price on shares of Energy Fuels in a report on Wednesday, December 11th.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.