Energy Fuels (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs Sells 7,500 Shares

Key Points

• Dennis Lyle Higgs, Director at Energy Fuels, sold 7,500 shares of company stock on September 10th for a total of $98,400, reducing his ownership by 2.95% to 246,381 shares.
• Energy Fuels reported a loss of $0.10 EPS for its last quarter, missing analysts’ expectations, with revenue down by 51.7% compared to the previous year.
• Several hedge funds have increased their stakes in Energy Fuels, including Kingstone Capital Partners, which acquired a position valued at approximately $29.5 million.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 7,500 shares of the firm's stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $13.12, for a total value of $98,400.00. Following the transaction, the director directly owned 246,381 shares of the company's stock, valued at approximately $3,232,518.72. This represents a 2.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, September 11th, Dennis Lyle Higgs sold 10,000 shares of Energy Fuels stock. The stock was sold at an average price of $12.63, for a total value of $126,300.00.
• On Friday, August 29th, Dennis Lyle Higgs sold 2,500 shares of Energy Fuels stock. The stock was 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 stock was 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 stock was 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 stock was sold at an average price of $9.70, for a total value of $145,500.00.

Energy Fuels Stock Performance

Shares of UUUU stock traded up $1.89 during mid-day trading on Monday, hitting $13.82. The company's stock had a trading volume of 19,339,935 shares, compared to its average volume of 14,418,598. The company's fifty day simple moving average is $9.91 and its 200-day simple moving average is $6.53. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $14.12. The company has a market cap of $3.07 billion, a PE ratio of -28.20 and a beta of 1.76.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.06). Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The business had revenue of $4.21 million during the quarter. Energy Fuels's revenue for the quarter was up –51.7% compared to the same quarter last year. On average, equities analysts anticipate that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Institutional Trading of Energy Fuels

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Silverlake Wealth Management LLC bought a new stake in Energy Fuels in the 2nd quarter valued at about $65,000. Geneos Wealth Management Inc. increased its position in Energy Fuels by 27.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 59,851 shares of the company's stock valued at $344,000 after buying an additional 13,000 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Energy Fuels by 30.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 24,005 shares of the company's stock valued at $138,000 after buying an additional 5,595 shares in the last quarter. Corient Private Wealth LLC increased its position in Energy Fuels by 34.4% in the 2nd quarter. Corient Private Wealth LLC now owns 78,057 shares of the company's stock valued at $449,000 after buying an additional 20,000 shares in the last quarter. Finally, Vident Advisory LLC increased its position in Energy Fuels by 15.6% in the 2nd quarter. Vident Advisory LLC now owns 2,391,055 shares of the company's stock valued at $13,749,000 after buying an additional 322,195 shares in the last quarter. 48.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

UUUU has been the subject of several research analyst reports. HC Wainwright reissued a "buy" rating and issued a $12.00 price objective (up from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. B. Riley initiated coverage on Energy Fuels in a research report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 price objective for the company. Finally, Roth Capital lowered Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price objective for the company. in a research report on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $8.19.

About Energy Fuels

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.