Energy Fuels (NYSEAMERICAN:UUUU) Trading Down 4.5% – What’s Next?

Energy Fuels Inc (NYSEAMERICAN:UUUU)’s share price traded down 4.5% during mid-day trading on Tuesday . The company traded as low as $14.29 and last traded at $14.39. 3,115,451 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 13,270,736 shares. The stock had previously closed at $15.07.

Wall Street Analysts Forecast Growth

UUUU has been the subject of a number of research reports. HC Wainwright decreased their price objective on shares of Energy Fuels to $26.75 and set a “buy” rating for the company in a report on Tuesday, November 4th. Roth Capital reaffirmed a “sell” rating on shares of Energy Fuels in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $13.25.

Energy Fuels Stock Down 3.3%

The stock has a market capitalization of $3.46 billion, a P/E ratio of -29.75 and a beta of 1.69. The firm has a 50-day moving average of $16.10 and a 200 day moving average of $13.04.

Insider Transactions at Energy Fuels

In other Energy Fuels news, Director Dennis Lyle Higgs sold 15,000 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $13.61, for a total transaction of $204,150.00. Following the completion of the transaction, the director owned 177,964 shares in the company, valued at $2,422,090.04. This trade represents a 7.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark Chalmers sold 150,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $15.60, for a total value of $2,340,000.00. Following the transaction, the chief executive officer owned 911,343 shares of the company’s stock, valued at $14,216,950.80. This trade represents a 14.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 463,119 shares of company stock valued at $6,935,437. Corporate insiders own 1.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in UUUU. Farther Finance Advisors LLC increased its position in Energy Fuels by 3,820.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock valued at $26,000 after acquiring an additional 1,643 shares in the last quarter. ORG Partners LLC grew its stake in shares of Energy Fuels by 111.4% during the third quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock valued at $40,000 after purchasing an additional 1,270 shares during the last quarter. Fulcrum Asset Management LLP bought a new position in Energy Fuels in the 3rd quarter worth approximately $40,000. US Bancorp DE lifted its holdings in Energy Fuels by 2,100.6% during the 3rd quarter. US Bancorp DE now owns 3,653 shares of the company’s stock worth $56,000 after buying an additional 3,487 shares in the last quarter. Finally, Strs Ohio bought a new position in Energy Fuels in the 3rd quarter valued at $64,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

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.