J. Birks Bovaird Sells 10,000 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $14.85, for a total transaction of $148,500.00. Following the completion of the sale, the director owned 195,617 shares in the company, valued at $2,904,912.45. This represents a 4.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $16.67 on Wednesday. Energy Fuels Inc has a fifty-two week low of $3.20 and a fifty-two week high of $16.77. The stock has a market capitalization of $3.71 billion, a P/E ratio of -34.02 and a beta of 1.76. The company’s 50-day simple moving average is $10.90 and its 200-day simple moving average is $6.94.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings results on Wednesday, August 6th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). The firm had revenue of $4.21 million during the quarter. Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The company’s revenue was up –51.7% compared to the same quarter last year. On average, research analysts forecast that Energy Fuels Inc will post -0.1 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. SBI Securities Co. Ltd. boosted its position in shares of Energy Fuels by 27.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock valued at $36,000 after acquiring an additional 1,344 shares during the last quarter. D.A. Davidson & CO. increased its stake in Energy Fuels by 3.0% during the second quarter. D.A. Davidson & CO. now owns 50,590 shares of the company’s stock worth $291,000 after purchasing an additional 1,493 shares during the period. Wedbush Securities Inc. increased its stake in Energy Fuels by 15.8% during the second quarter. Wedbush Securities Inc. now owns 12,850 shares of the company’s stock worth $74,000 after purchasing an additional 1,750 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Energy Fuels by 27.1% during the second quarter. PNC Financial Services Group Inc. now owns 8,649 shares of the company’s stock worth $50,000 after buying an additional 1,844 shares during the period. Finally, ProShare Advisors LLC increased its stake in shares of Energy Fuels by 5.2% during the second quarter. ProShare Advisors LLC now owns 42,712 shares of the company’s stock worth $246,000 after buying an additional 2,116 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Analyst Ratings Changes

UUUU has been the subject of a number of recent analyst reports. B. Riley assumed 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 for the company. Roth Capital lowered shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 target price for the company. in a report on Friday, July 11th. Finally, HC Wainwright lifted their price target on shares of Energy Fuels from $12.00 to $16.25 and gave the company a “buy” rating in a research note on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $9.25.

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.