Insider Selling: Energy Fuels (NYSEAMERICAN:UUUU) Director Sells 38,739 Shares of Stock

by · The Markets Daily

Energy Fuels Inc (NYSEAMERICAN:UUUU – Get Free Report) Director Alex Morrison sold 38,739 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $15.20, for a total value of $588,832.80. Following the completion of the sale, the director owned 149,747 shares of the company’s stock, valued at $2,276,154.40. This trade represents a 20.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Energy Fuels Trading Up 2.7%

Energy Fuels stock traded up $0.41 during mid-day trading on Tuesday, reaching $15.37. The company’s stock had a trading volume of 6,398,050 shares, compared to its average volume of 13,763,326. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of -31.37 and a beta of 1.79. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $27.33. The business has a 50 day moving average price of $17.62 and a 200-day moving average price of $10.99.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on UUUU shares. HC Wainwright lowered their target price on Energy Fuels to $26.75 and set a “buy” rating for the company in a report on Tuesday, November 4th. Roth Capital lowered Energy Fuels from a “neutral” rating to a “sell” rating and boosted their price target for the stock from $7.25 to $11.50 in a research report on Wednesday, November 5th. Finally, B. Riley initiated coverage on Energy Fuels in a report on Wednesday, July 23rd. They set a “buy” rating and a $9.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $13.25.

Get Our Latest Analysis on Energy Fuels

Institutional Investors Weigh In On Energy Fuels

Hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its position in shares of Energy Fuels by 3,820.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock valued at $26,000 after purchasing an additional 1,643 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in Energy Fuels by 27.5% during the second quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock worth $36,000 after buying an additional 1,344 shares in the last quarter. CacheTech Inc. acquired a new position in Energy Fuels in the first quarter worth approximately $37,000. Adams Wealth Management bought a new position in shares of Energy Fuels in the first quarter valued at $37,000. Finally, ORG Partners LLC lifted its position in shares of Energy Fuels by 111.4% during the 3rd quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock valued at $40,000 after acquiring an additional 1,270 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors.

About Energy Fuels

(Get Free Report)

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.

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