Insider Buying: Energy Fuels (NYSEAMERICAN:UUUU) Director Purchases $50,800.00 in Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Bruce Hansen bought 4,000 shares of the stock in a transaction on Wednesday, July 8th. The stock was acquired at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the acquisition, the director directly owned 313,844 shares in the company, valued at approximately $3,985,818.80. The trade was a 1.29% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Energy Fuels Stock Performance

Shares of UUUU traded up $0.09 during trading hours on Friday, reaching $13.58. 7,053,978 shares of the company traded hands, compared to its average volume of 8,540,348. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51. The stock’s fifty day moving average is $16.87 and its 200 day moving average is $18.86. Energy Fuels Inc has a 1-year low of $6.13 and a 1-year high of $27.90. The stock has a market cap of $3.39 billion, a P/E ratio of -46.83 and a beta of 1.49.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The firm had revenue of $35.84 million for the quarter. Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%. The firm’s revenue for the quarter was up 112.1% on a year-over-year basis. During the same quarter last year, the company earned ($0.13) EPS. Equities research analysts anticipate that Energy Fuels Inc will post -0.14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on UUUU. Roth Capital set a $16.00 target price on Energy Fuels in a research note on Thursday, June 25th. The Goldman Sachs Group lowered their price target on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, June 12th. Finally, HC Wainwright restated a “buy” rating and issued a $29.00 price objective on shares of Energy Fuels in a research note on Monday, June 22nd. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.25.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Harbour Investments Inc. grew its holdings in shares of Energy Fuels by 74.5% in the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Energy Fuels by 75.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock valued at $25,000 after purchasing an additional 758 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new position in Energy Fuels during the 4th quarter valued at about $27,000. State of Wyoming acquired a new position in Energy Fuels in the fourth quarter valued at about $34,000. Finally, EFG International AG acquired a new position in Energy Fuels in the fourth quarter valued at about $36,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.

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.