Energy Fuels (NYSEAMERICAN:UUUU) CEO Acquires $967,920.00 in Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) CEO Ross Bhappu purchased 74,000 shares of Energy Fuels stock in a transaction dated Tuesday, July 7th. The shares were purchased at an average price of $13.08 per share, with a total value of $967,920.00. Following the completion of the acquisition, the chief executive officer owned 256,583 shares in the company, valued at $3,356,105.64. The trade was a 40.53% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Energy Fuels Stock Up 0.7%

NYSEAMERICAN:UUUU traded up $0.09 during mid-day trading on Friday, reaching $13.58. The stock had a trading volume of 7,053,978 shares, compared to its average volume of 8,540,348. The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59. The stock has a market cap of $3.39 billion, a P/E ratio of -46.83 and a beta of 1.49. The business’s 50 day moving average is $16.87 and its 200 day moving average is $18.86. Energy Fuels Inc has a fifty-two week low of $6.13 and a fifty-two week high of $27.90.

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

Institutional Trading of Energy Fuels

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on UUUU shares. Roth Capital set a $16.00 target price on shares of Energy Fuels in a research report on Thursday, June 25th. The Goldman Sachs Group dropped their price objective 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 reaffirmed a “buy” rating and set a $29.00 price objective on shares of Energy Fuels in a research report on Monday, June 22nd. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Energy Fuels currently has an average rating of “Moderate Buy” and a consensus target price of $23.25.

About Energy Fuels

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.