Energy Fuels (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs Sells 10,000 Shares

Key Points

• Dennis Lyle Higgs, a director at Energy Fuels, sold 10,000 shares at an average price of $12.63 on September 11th, resulting in a total transaction of $126,300.
• After the sale, Higgs's ownership decreased by 4.06% and he now holds approximately 236,381 shares valued at about $2.99 million.
• Energy Fuels reported a loss of ($0.10) earnings per share for the last quarter, missing the consensus estimate by ($0.06), and the firm experienced a 51.7% decline in revenue compared to the same quarter last year.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $12.63, for a total value of $126,300.00. Following the completion of the sale, the director owned 236,381 shares in the company, valued at $2,985,492.03. This represents a 4.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Dennis Lyle Higgs also recently made the following trade(s):

• On Wednesday, September 10th, Dennis Lyle Higgs sold 7,500 shares of Energy Fuels stock. The shares were sold at an average price of $13.12, for a total value of $98,400.00.
• On Friday, August 29th, Dennis Lyle Higgs sold 2,500 shares of Energy Fuels stock. The shares were sold at an average price of $12.20, for a total value of $30,500.00.
• On Thursday, August 28th, Dennis Lyle Higgs sold 20,000 shares of Energy Fuels stock. The shares were sold at an average price of $11.79, for a total value of $235,800.00.
• On Monday, August 18th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.79, for a total value of $146,850.00.
• On Friday, August 15th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.70, for a total value of $145,500.00.

Energy Fuels Stock Performance

Shares of NYSEAMERICAN UUUU traded up $1.89 during trading hours on Monday, reaching $13.82. 19,339,935 shares of the stock were exchanged, compared to its average volume of 14,418,598. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of -28.20 and a beta of 1.76. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $14.12. The stock's fifty day simple moving average is $9.91 and its 200 day simple moving average is $6.53.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06). The firm had revenue of $4.21 million for the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The business's revenue for the quarter was up –51.7% on a year-over-year basis. Research analysts predict that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on UUUU. B. Riley began coverage on Energy Fuels in a research note on Wednesday, July 23rd. They set a "buy" rating and a $9.00 target price on the stock. HC Wainwright reiterated a "buy" rating and set a $12.00 target price (up previously from $10.00) on shares of Energy Fuels in a research note on Friday, August 8th. Finally, Roth Capital lowered Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 target price on the stock. in a research note on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Energy Fuels presently has an average rating of "Buy" and an average price target of $8.19.

Hedge Funds Weigh In On Energy Fuels

A number of hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. boosted its holdings in shares of Energy Fuels by 27.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company's stock valued at $36,000 after acquiring an additional 1,344 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Energy Fuels by 3.0% during the 2nd quarter. D.A. Davidson & CO. now owns 50,590 shares of the company's stock valued at $291,000 after acquiring an additional 1,493 shares in the last quarter. Wedbush Securities Inc. boosted its holdings in shares of Energy Fuels by 15.8% during the 2nd quarter. Wedbush Securities Inc. now owns 12,850 shares of the company's stock valued at $74,000 after acquiring an additional 1,750 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Energy Fuels by 27.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,649 shares of the company's stock valued at $50,000 after acquiring an additional 1,844 shares in the last quarter. Finally, ProShare Advisors LLC raised its position in Energy Fuels by 5.2% during the 2nd quarter. ProShare Advisors LLC now owns 42,712 shares of the company's stock worth $246,000 after purchasing an additional 2,116 shares during the last quarter. Institutional investors own 48.24% of the company's stock.

Energy Fuels Company Profile

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.