Energy Fuels (NYSEAMERICAN:UUUU) Director Sells $145,500.00 in Stock

Key Points

• Energy Fuels Director Dennis Lyle Higgs sold 15,000 shares of stock for a total of $145,500, reducing his ownership by 4.90% to 291,382 shares.
• Shares of Energy Fuels decreased by 17.9% recently, reaching a price of $8.47 per share, while trading volume surged to 33,629,819 shares.
• Brokerages have varying ratings on Energy Fuels, with HC Wainwright maintaining a "buy" rating and raising the price target to $12.00, while Roth Capital downgraded its rating to "neutral" with a price target of $6.00.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 15,000 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $9.70, for a total value of $145,500.00. Following the completion of the sale, the director directly owned 291,382 shares in the company, valued at approximately $2,826,405.40. The trade was a 4.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 transaction of $146,850.00.

Energy Fuels Stock Down 17.9%

Shares of NYSEAMERICAN:UUUU traded down $1.85 on Tuesday, hitting $8.47. The company had a trading volume of 33,629,819 shares, compared to its average volume of 11,268,136. The business has a 50 day moving average of $7.71 and a 200 day moving average of $5.72. Energy Fuels Inc has a 52-week low of $3.20 and a 52-week high of $10.74.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Energy Fuels

Several institutional investors have recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC bought a new stake in shares of Energy Fuels in the second quarter valued at about $29,525,000. Alps Advisors Inc. lifted its stake in Energy Fuels by 29.0% in the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after purchasing an additional 3,584,798 shares during the last quarter. Bank of America Corp DE lifted its holdings in Energy Fuels by 93.6% in the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company's stock valued at $25,105,000 after buying an additional 2,111,466 shares during the period. BNP Paribas Financial Markets increased its position in shares of Energy Fuels by 530.6% during the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company's stock worth $11,892,000 after acquiring an additional 1,740,183 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Energy Fuels by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company's stock valued at $46,927,000 after acquiring an additional 1,231,484 shares during the last quarter. 48.24% of the stock is owned by institutional investors.

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.

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