Energy Fuels Sees Unusually Large Options Volume (NYSEAMERICAN:UUUU)

Key Points

• Energy Fuels saw a significant increase in options trading activity, with 65,151 call options traded, representing a 114% rise from its usual volume of 30,453.
• The company's stock price rose to $17.48, with a market cap of $3.89 billion and a 12-month price range between $3.20 and $18.60.
• Energy Fuels reported a loss of ($0.10) EPS for the last quarter, missing analyst expectations, along with a year-over-year revenue decline of 51.7% to $4.21 million.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) was the target of unusually large options trading activity on Wednesday. Stock traders bought 65,151 call options on the company. This is an increase of approximately 114% compared to the typical volume of 30,453 call options.

Energy Fuels Stock Performance

Energy Fuels stock traded up $0.81 during midday trading on Wednesday, hitting $17.48. 21,672,229 shares of the company's stock were exchanged, compared to its average volume of 10,731,334. Energy Fuels has a 12-month low of $3.20 and a 12-month high of $18.60. The stock has a market cap of $3.89 billion, a price-to-earnings ratio of -35.67 and a beta of 1.76. The firm's 50 day simple moving average is $10.90 and its 200 day simple moving average is $6.94.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported ($0.10) EPS 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 firm had revenue of $4.21 million during the quarter. The firm's revenue was up –51.7% on a year-over-year basis. On average, equities research analysts forecast that Energy Fuels will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

UUUU has been the subject of several research reports. B. Riley initiated coverage on shares of Energy Fuels in a research note on Wednesday, July 23rd. They set a "buy" rating and a $9.00 price objective for the company. Roth Capital cut shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price objective for the company. in a research note on Friday, July 11th. Finally, HC Wainwright upped their price objective on shares of Energy Fuels from $12.00 to $16.25 and gave the company a "buy" rating in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $9.25.

Insider Transactions at Energy Fuels

In other news, Director Dennis Lyle Higgs sold 6,000 shares of the business's stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $14.88, for a total transaction of $89,280.00. Following the completion of the sale, the director owned 218,881 shares of the company's stock, valued at $3,256,949.28. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Scott Bakken sold 4,629 shares of the business's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $12.00, for a total transaction of $55,548.00. Following the sale, the vice president directly owned 108,817 shares of the company's stock, valued at $1,305,804. This represents a 4.08% decrease in their position. The disclosure for this sale can be found here. Insiders sold 618,724 shares of company stock valued at $6,782,959 over the last 90 days. Corporate insiders own 1.92% of the company's stock.

Institutional Trading of Energy Fuels

Hedge funds have recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired 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 shares of Energy Fuels by 29.0% in the first 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 period. Bank of America Corp DE lifted its stake in shares of 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 purchasing an additional 2,111,466 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Energy Fuels by 530.6% in the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company's stock valued at $11,892,000 after purchasing an additional 1,740,183 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Energy Fuels by 10.8% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 48.24% of the company's stock.

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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