Energy Fuels (NYSEAMERICAN:UUUU) Trading 8% Higher Following Analyst Upgrade

Energy Fuels Inc (NYSEAMERICAN:UUUU)’s share price traded up 8% during trading on Monday after HC Wainwright raised their price target on the stock from $26.75 to $27.25. HC Wainwright currently has a buy rating on the stock. Energy Fuels traded as high as $23.14 and last traded at $23.03. 5,476,153 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 15,052,036 shares. The stock had previously closed at $21.32.

UUUU has been the topic of several other reports. B. Riley Financial upped their target price on Energy Fuels to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. The Goldman Sachs Group assumed coverage on Energy Fuels in a research note on Tuesday, February 10th. They issued a “buy” rating and a $30.00 price target for the company. Finally, Roth Mkm raised shares of Energy Fuels from a “sell” rating to a “neutral” rating and raised their price objective for the company from $13.00 to $15.50 in a research report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Energy Fuels has an average rating of “Moderate Buy” and a consensus target price of $24.94.

Insider Transactions at Energy Fuels

In related news, Director Alex G. Morrison sold 38,869 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $14.32, for a total value of $556,604.08. Following the completion of the sale, the director directly owned 110,878 shares in the company, valued at approximately $1,587,772.96. This trade represents a 25.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Timothy James Carstens sold 59,594 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $14.93, for a total value of $889,738.42. Following the transaction, the executive vice president directly owned 107,435 shares in the company, valued at $1,604,004.55. The trade was a 35.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.92% of the company’s stock.

Institutional Trading of Energy Fuels

Institutional investors have recently bought and sold shares of the business. Moody Aldrich Partners LLC acquired a new position in Energy Fuels in the 3rd quarter worth about $2,369,000. CenterBook Partners LP bought a new stake in shares of Energy Fuels during the second quarter worth about $6,037,000. Intact Investment Management Inc. acquired a new position in shares of Energy Fuels in the third quarter valued at approximately $1,186,000. HighTower Advisors LLC raised its holdings in Energy Fuels by 50.5% in the 3rd quarter. HighTower Advisors LLC now owns 205,562 shares of the company’s stock valued at $3,155,000 after buying an additional 68,933 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Energy Fuels by 11.4% in the 2nd quarter. Geode Capital Management LLC now owns 2,662,767 shares of the company’s stock valued at $15,318,000 after buying an additional 272,733 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Trading Down 10.6%

The company has a current ratio of 30.69, a quick ratio of 28.34 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $4.96 billion, a price-to-earnings ratio of -54.97 and a beta of 1.42. The firm’s 50-day moving average is $20.66 and its 200 day moving average is $17.39.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its quarterly earnings data on Friday, February 27th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.05). Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. On average, equities analysts predict that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

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.