Energy Fuels (NYSEAMERICAN:UUUU) Director Purchases 4,000 Shares of Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Bruce Hansen acquired 4,000 shares of Energy Fuels stock in a transaction dated Wednesday, July 8th. The shares were bought at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the completion of the purchase, the director directly owned 313,844 shares of the company’s stock, valued at approximately $3,985,818.80. The trade was a 1.29% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Energy Fuels Trading Up 2.7%

Shares of UUUU traded up $0.35 during trading hours on Thursday, hitting $13.49. The company had a trading volume of 6,242,832 shares, compared to its average volume of 11,853,423. Energy Fuels Inc has a 52-week low of $6.00 and a 52-week high of $27.90. The company has a quick ratio of 25.59, a current ratio of 27.51 and a debt-to-equity ratio of 0.93. The stock’s 50 day moving average price is $17.13 and its 200 day moving average price is $18.91. The firm has a market cap of $3.37 billion, a P/E ratio of -46.52 and a beta of 1.49.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%. The company had revenue of $35.84 million for the quarter. During the same period in the previous year, the company earned ($0.13) EPS. Energy Fuels’s revenue for the quarter was up 112.1% compared to the same quarter last year. On average, research analysts predict that Energy Fuels Inc will post -0.14 EPS for the current year.

Institutional Investors Weigh In On Energy Fuels

A number of large investors have recently made changes to their positions in UUUU. TD Waterhouse Canada Inc. increased its position in shares of Energy Fuels by 1.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 30,574 shares of the company’s stock valued at $442,000 after acquiring an additional 500 shares in the last quarter. IFP Advisors Inc boosted its stake in Energy Fuels by 7.7% during the 4th quarter. IFP Advisors Inc now owns 7,173 shares of the company’s stock valued at $104,000 after purchasing an additional 511 shares during the last quarter. Sound Income Strategies LLC boosted its stake in Energy Fuels by 17.1% during the 1st quarter. Sound Income Strategies LLC now owns 4,100 shares of the company’s stock valued at $74,000 after purchasing an additional 600 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Energy Fuels by 3.6% in the 1st quarter. Wealthfront Advisers LLC now owns 19,697 shares of the company’s stock worth $359,000 after purchasing an additional 677 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of Energy Fuels by 74.5% in the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Roth Capital set a $16.00 target price on shares of Energy Fuels in a report on Thursday, June 25th. HC Wainwright reiterated a “buy” rating and set a $29.00 price target on shares of Energy Fuels in a report on Monday, June 22nd. 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. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $23.25.

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.