Dennis Lyle Higgs Sells 15,000 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs sold 15,000 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $9.79, for a total transaction of $146,850.00. Following the transaction, the director directly owned 276,382 shares of the company’s stock, valued at $2,705,779.78. This represents a 5.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Dennis Lyle Higgs also recently made the following trade(s):

• On Friday, August 15th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.70, for a total transaction of $145,500.00.

Energy Fuels Stock Performance

Shares of UUUU opened at $8.53 on Thursday. The company has a 50-day simple moving average of $7.77 and a 200-day simple moving average of $5.74. The firm has a market capitalization of $1.90 billion, a P/E ratio of -17.41 and a beta of 1.71. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $10.74.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on UUUU. HC Wainwright reaffirmed a “buy” rating and set a $12.00 price objective (up previously from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. B. Riley initiated coverage on shares of Energy Fuels in a research note on Wednesday, July 23rd. They issued a “buy” rating and a $9.00 target price on the stock. Finally, Roth Capital cut shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 target price on the stock. in a research note on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Energy Fuels presently has an average rating of “Buy” and a consensus target price of $8.19.

Institutional Trading of Energy Fuels

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC bought a new stake in Energy Fuels during the second quarter worth about $29,525,000. Alps Advisors Inc. grew its stake in Energy Fuels by 29.0% during the first quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company’s stock worth $59,433,000 after buying an additional 3,584,798 shares during the last quarter. Bank of America Corp DE grew its stake in Energy Fuels by 93.6% during the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock worth $25,105,000 after buying an additional 2,111,466 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Energy Fuels by 530.6% during the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock worth $11,892,000 after buying an additional 1,740,183 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Energy Fuels by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company’s stock worth $46,927,000 after buying an additional 1,231,484 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

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.