Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) rose 10.2% during mid-day trading on Wednesday . The stock traded as high as $3.17 and last traded at $3.12. Approximately 1,496,005 shares changed hands during mid-day trading, an increase of 132% from the average daily volume of 644,181 shares. The stock had previously closed at $2.83.

UUUU has been the subject of several analyst reports. HC Wainwright set a $5.00 target price on shares of Energy Fuels and gave the stock a “buy” rating in a report on Monday, August 6th. Zacks Investment Research upgraded shares of Energy Fuels from a “hold” rating to a “buy” rating and set a $2.50 target price for the company in a report on Tuesday, July 3rd. Finally, Noble Financial reiterated a “hold” rating on shares of Energy Fuels in a report on Tuesday, August 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $3.75.

In related news, Director Dennis Lyle Higgs sold 30,000 shares of Energy Fuels stock in a transaction dated Tuesday, June 19th. The shares were sold at an average price of $2.06, for a total transaction of $61,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its holdings in Energy Fuels by 1,930.1% during the 2nd quarter. BlackRock Inc. now owns 3,571,226 shares of the basic materials company’s stock valued at $8,106,000 after buying an additional 3,395,312 shares in the last quarter. Northpointe Capital LLC increased its position in Energy Fuels by 1,775.6% during the 2nd quarter. Northpointe Capital LLC now owns 2,184,278 shares of the basic materials company’s stock valued at $4,958,000 after purchasing an additional 2,067,818 shares during the period. Old West Investment Management LLC purchased a new position in Energy Fuels during the 1st quarter valued at about $1,003,000. Renaissance Technologies LLC purchased a new position in Energy Fuels during the 2nd quarter valued at about $1,121,000. Finally, Bank of New York Mellon Corp purchased a new position in Energy Fuels during the 2nd quarter valued at about $410,000.

Energy Fuels Company Profile (NYSEAMERICAN:UUUU)

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of uranium in the United States. It operates in two segments, Conventional Uranium and ISR Uranium. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah.

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