Energy Fuels (NYSEAMERICAN:UUUU) Trading 7.2% Higher – What’s Next?

Energy Fuels Inc (NYSEAMERICAN:UUUU) shares rose 7.2% during mid-day trading on Tuesday . The company traded as high as $16.02 and last traded at $15.95. Approximately 4,622,163 shares changed hands during trading, a decline of 58% from the average session volume of 10,887,774 shares. The stock had previously closed at $14.88.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. B. Riley Financial lowered their target price on shares of Energy Fuels from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, August 10th. UBS Group raised shares of Energy Fuels to a “neutral” rating in a research note on Friday, August 14th. BMO Capital Markets began coverage on shares of Energy Fuels in a research note on Friday, August 14th. They set an “outperform” rating and a $18.00 target price for the company. Zacks Research downgraded shares of Energy Fuels from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, HC Wainwright reiterated a “buy” rating and issued a $29.00 price target on shares of Energy Fuels in a research note on Monday, June 22nd. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $21.80.

Energy Fuels Trading Down 1.7%

The company has a current ratio of 27.90, a quick ratio of 25.87 and a debt-to-equity ratio of 0.85. The stock has a 50 day simple moving average of $13.65 and a 200-day simple moving average of $17.33. The firm has a market cap of $3.92 billion, a P/E ratio of -49.06 and a beta of 1.53.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.29%. The firm had revenue of $25.11 million for the quarter. On average, equities research analysts expect that Energy Fuels Inc will post -0.25 EPS for the current fiscal year.

Insiders Place Their Bets

In other Energy Fuels news, Director Bruce D. Hansen acquired 4,000 shares of the stock in a transaction on Wednesday, July 8th. The stock was acquired at an average price of $12.70 per share, for a total transaction of $50,800.00. Following the completion of the transaction, the director directly owned 313,844 shares of the company’s stock, valued at $3,985,818.80. This trade represents a 1.29% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ross R. Bhappu acquired 74,000 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was acquired at an average cost of $13.08 per share, with a total value of $967,920.00. Following the completion of the purchase, the chief executive officer directly owned 256,583 shares in the company, valued at approximately $3,356,105.64. This represents a 40.53% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.97% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. AlphaGrep UK Ltd purchased a new position in Energy Fuels in the second quarter worth about $183,000. Nykredit A S bought a new stake in Energy Fuels during the second quarter worth approximately $99,000. Public Employees Retirement System of Ohio bought a new stake in Energy Fuels during the second quarter worth approximately $824,000. Ancora Advisors LLC purchased a new stake in Energy Fuels during the second quarter valued at approximately $68,000. Finally, Knuff & Co LLC purchased a new stake in Energy Fuels during the second quarter valued at approximately $54,000. Institutional investors 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.