Energy Fuels’ (UUUU) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Energy Fuels (NYSEAMERICAN:UUUU) in a research note issued to investors on Friday morning,Benzinga reports. They currently have a $26.75 price target on the stock.

Separately, Roth Capital reiterated a “sell” rating on shares of Energy Fuels in a research report on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.25.

Energy Fuels Stock Down 2.3%

Shares of UUUU opened at $18.16 on Friday. The company has a 50-day simple moving average of $15.39 and a 200-day simple moving average of $13.76. The company has a market capitalization of $4.31 billion, a PE ratio of -37.06 and a beta of 1.47. Energy Fuels has a 52-week low of $3.20 and a 52-week high of $27.33.

Insiders Place Their Bets

In other Energy Fuels news, Director Alex G. Morrison sold 38,869 shares of Energy Fuels stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $14.32, for a total value of $556,604.08. Following the completion of the transaction, the director directly owned 110,878 shares in the company, valued at $1,587,772.96. The trade was a 25.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Mark Chalmers sold 150,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $15.60, for a total value of $2,340,000.00. Following the transaction, the chief executive officer directly owned 911,343 shares of the company’s stock, valued at $14,216,950.80. This trade represents a 14.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 463,119 shares of company stock worth $6,935,437. Corporate insiders own 1.92% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

Several large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Energy Fuels by 11.5% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,246,295 shares of the company’s stock worth $188,085,000 after buying an additional 1,264,050 shares during the period. Vanguard Group Inc. raised its stake in Energy Fuels by 50.6% during the 3rd quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock valued at $182,420,000 after acquiring an additional 3,991,202 shares in the last quarter. Van ECK Associates Corp boosted its position in Energy Fuels by 35.4% during the 3rd quarter. Van ECK Associates Corp now owns 10,194,742 shares of the company’s stock worth $156,489,000 after acquiring an additional 2,664,735 shares during the period. Ameriprise Financial Inc. boosted its position in Energy Fuels by 4.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock worth $52,918,000 after acquiring an additional 410,894 shares during the period. Finally, Kingstone Capital Partners Texas LLC bought a new position in shares of Energy Fuels in the second quarter worth $29,525,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

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.