Investors Purchase High Volume of Call Options on Energy Fuels (NYSEAMERICAN:UUUU)

Energy Fuels Inc (NYSEAMERICAN:UUUU) was the target of unusually large options trading activity on Tuesday. Traders purchased 27,033 call options on the stock. This is an increase of 37% compared to the average daily volume of 19,733 call options.

Analyst Ratings Changes

UUUU has been the subject of several research reports. UBS Group raised shares of Energy Fuels to a “neutral” rating in a research report on Friday, August 14th. B. Riley Financial lowered their price target 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. BMO Capital Markets assumed coverage on shares of Energy Fuels in a research report on Friday, August 14th. They set an “outperform” rating and a $18.00 price target on the stock. Zacks Research cut shares of Energy Fuels from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Finally, HC Wainwright boosted their price target on Energy Fuels from $29.00 to $29.25 and gave the company a “buy” rating in a research note on Tuesday, September 1st. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.85.

Energy Fuels Price Performance

UUUU traded up $0.66 on Tuesday, reaching $11.48. The company had a trading volume of 6,521,977 shares, compared to its average volume of 10,277,018. The business has a 50 day simple moving average of $13.17 and a 200 day simple moving average of $15.68. Energy Fuels has a 52-week low of $10.61 and a 52-week high of $27.90. The company has a market cap of $3.04 billion, a price-to-earnings ratio of -35.88 and a beta of 1.77. The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.87 and a current ratio of 27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.09). Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%.The business had revenue of $25.11 million during the quarter. As a group, sell-side analysts anticipate that Energy Fuels will post -0.25 EPS for the current year.

Insiders Place Their Bets

In related news, Director Bruce D. Hansen acquired 4,000 shares of the company’s stock in a transaction dated Wednesday, July 8th. The shares were bought at an average price of $12.70 per share, for a total transaction of $50,800.00. Following the acquisition, the director owned 313,844 shares in the company, valued at $3,985,818.80. This trade represents a 1.29% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.97% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Energy Fuels

A number of institutional investors have recently bought and sold shares of the business. WINTON GROUP Ltd grew its holdings in Energy Fuels by 5.1% in the second quarter. WINTON GROUP Ltd now owns 193,503 shares of the company’s stock valued at $2,806,000 after purchasing an additional 9,400 shares during the period. Engineers Gate Manager LP acquired a new stake in Energy Fuels during the 2nd quarter worth approximately $358,000. Integrated Wealth Concepts LLC purchased a new stake in Energy Fuels during the 2nd quarter worth about $107,000. NewEdge Advisors LLC raised its holdings in Energy Fuels by 91.7% in the second quarter. NewEdge Advisors LLC now owns 51,678 shares of the company’s stock valued at $749,000 after acquiring an additional 24,723 shares in the last quarter. Finally, Nykredit A S purchased a new position in Energy Fuels in the second quarter worth approximately $99,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Company Profile

Energy Fuels Inc is a U.S.-based critical minerals company focused on uranium, rare earth elements and vanadium. The company produces uranium concentrate, commonly known as yellowcake, for the nuclear energy industry and maintains a portfolio of uranium mines, mining projects and mineral properties primarily in the United States.

Energy Fuels owns and operates the White Mesa Mill in Utah, which it describes as the only conventional uranium mill currently operating in the United States.