Energy Fuels (NYSEAMERICAN:UUUU) Announces Quarterly Earnings Results

Energy Fuels (NYSEAMERICAN:UUUU) announced its earnings results on Wednesday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.09), FiscalAI reports. The business had revenue of $25.11 million for the quarter. Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.65%.

Energy Fuels Stock Performance

UUUU traded up $1.31 during midday trading on Friday, hitting $14.21. 6,399,236 shares of the company were exchanged, compared to its average volume of 11,188,762. Energy Fuels has a 1-year low of $8.16 and a 1-year high of $27.90. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of -44.41 and a beta of 1.53. The company’s 50 day simple moving average is $14.02 and its 200 day simple moving average is $18.17. The company has a current ratio of 27.51, a quick ratio of 25.59 and a debt-to-equity ratio of 0.93.

Analysts Set New Price Targets

Several analysts have issued reports on UUUU shares. HC Wainwright reissued a “buy” rating and issued a $29.00 price objective on shares of Energy Fuels in a research note on Monday, June 22nd. Roth Capital upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Friday. Finally, The Goldman Sachs Group cut their price target on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $23.25.

Insider Buying and Selling

In other news, Director Bruce D. Hansen acquired 4,000 shares of the business’s stock in a transaction on Wednesday, July 8th. The stock was bought 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. This represents a 1.29% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Ross R. Bhappu acquired 74,000 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was purchased at an average price of $13.08 per share, for a total transaction of $967,920.00. Following the acquisition, the chief executive officer directly owned 256,583 shares in the company, valued at $3,356,105.64. This represents a 40.53% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.97% of the stock is owned by insiders.

Institutional Trading of Energy Fuels

Several large investors have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL purchased a new position in shares of Energy Fuels in the 3rd quarter valued at about $4,144,000. Prime Capital Investment Advisors LLC acquired a new position in Energy Fuels in the fourth quarter valued at approximately $990,000. TD Asset Management Inc increased its stake in Energy Fuels by 7.6% in the fourth quarter. TD Asset Management Inc now owns 1,733,338 shares of the company’s stock valued at $25,139,000 after purchasing an additional 122,086 shares during the last quarter. Vanguard Group Inc. increased its stake in Energy Fuels by 26.1% in the fourth quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock valued at $217,449,000 after purchasing an additional 3,095,806 shares during the last quarter. Finally, Goehring & Rozencwajg Associates LLC raised its holdings in Energy Fuels by 20.8% during the first quarter. Goehring & Rozencwajg Associates LLC now owns 1,484,902 shares of the company’s stock worth $27,099,000 after purchasing an additional 255,494 shares in the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

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.