Energy Fuels (NYSEAMERICAN:UUUU) Shares Down 4.5% – Here’s What Happened

Shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) fell 4.5% on Tuesday . The company traded as low as $14.29 and last traded at $14.39. 3,115,451 shares were traded during trading, a decline of 77% from the average session volume of 13,270,736 shares. The stock had previously closed at $15.07.

Wall Street Analyst Weigh In

Several analysts have weighed in on UUUU shares. Roth Capital reissued a “sell” rating on shares of Energy Fuels in a report on Tuesday. HC Wainwright dropped their price target on shares of Energy Fuels to $26.75 and set a “buy” rating for the company in a research note on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.25.

Energy Fuels Price Performance

The company has a market capitalization of $3.46 billion, a P/E ratio of -29.75 and a beta of 1.69. The business’s 50-day moving average price is $16.10 and its two-hundred day moving average price is $13.04.

Insider Transactions at Energy Fuels

In other Energy Fuels news, CEO Mark Chalmers sold 150,000 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $15.60, for a total value of $2,340,000.00. Following the completion of the sale, the chief executive officer directly owned 911,343 shares in the company, valued at $14,216,950.80. This represents a 14.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy James Carstens sold 100,000 shares of Energy Fuels stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $14.27, for a total value of $1,427,000.00. Following the transaction, the executive vice president owned 167,029 shares in the company, valued at $2,383,503.83. This trade represents a 37.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 463,119 shares of company stock valued at $6,935,437. Insiders own 1.92% of the company’s stock.

Institutional Trading of Energy Fuels

Institutional investors have recently modified their holdings of the company. CenterBook Partners LP bought a new position in shares of Energy Fuels in the second quarter valued at $6,037,000. Sound Income Strategies LLC bought a new position in shares of Energy Fuels in the 2nd quarter valued at about $114,000. Caitlin John LLC acquired a new position in shares of Energy Fuels during the 2nd quarter worth about $124,000. Geode Capital Management LLC raised its holdings in shares of Energy Fuels by 11.4% in the 2nd quarter. Geode Capital Management LLC now owns 2,662,767 shares of the company’s stock valued at $15,318,000 after purchasing an additional 272,733 shares during the period. Finally, Wellington Management Group LLP lifted its stake in Energy Fuels by 151.5% in the 1st quarter. Wellington Management Group LLP now owns 39,723 shares of the company’s stock valued at $148,000 after purchasing an additional 23,929 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors.

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.