Insider Selling: Energy Fuels (TSE:EFR) Director Sells 2,500 Shares of Stock

Key Points

• Director Dennis Higgs of Energy Fuels Inc. sold 2,500 shares of stock at an average price of C$17.75, totaling C$44,375, leading to a 1.19% decrease in his ownership.
• Energy Fuels Inc. is the largest uranium producer in the U.S. and has recently seen its stock price rise to C$28.37 from a 12-month low of C$4.59.
• Brokerages have shown mixed ratings for EFR, with some upgrading it to a "strong-buy" while others downgraded it to "hold."

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU Director Dennis Higgs sold 2,500 shares of Energy Fuels stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of C$17.75, for a total value of C$44,375.00. Following the completion of the transaction, the director owned 207,915 shares of the company's stock, valued at approximately C$3,690,491.25. This represents a 1.19% decrease in their position.

Energy Fuels Price Performance

Shares of EFR stock traded up C$0.80 during trading hours on Friday, reaching C$28.37. The company had a trading volume of 5,172,098 shares, compared to its average volume of 1,109,770. The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01. The stock has a fifty day moving average of C$17.92 and a 200-day moving average of C$11.20. The company has a market capitalization of C$6.54 billion, a price-to-earnings ratio of -57.90 and a beta of 1.78. Energy Fuels Inc. has a 12-month low of C$4.59 and a 12-month high of C$31.31.

Analysts Set New Price Targets

Several brokerages recently commented on EFR. B. Riley upgraded shares of Energy Fuels to a "strong-buy" rating in a research report on Tuesday, July 22nd. Canaccord Genuity Group upgraded shares of Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, July 2nd. Finally, Roth Capital downgraded shares of Energy Fuels from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 11th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy".

About Energy Fuels

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas.

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