Energy Fuels (NYSEAMERICAN:UUUU) Shares Down 2.7%

Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report) TSE: EFR was down 2.7% during mid-day trading on Monday . The stock traded as low as $6.30 and last traded at $6.37. Approximately 695,703 shares were traded during trading, a decline of 75% from the average daily volume of 2,838,797 shares. The stock had previously closed at $6.55.

Analyst Ratings Changes

Separately, Roth Mkm boosted their price objective on shares of Energy Fuels from $9.25 to $10.50 and gave the stock a "buy" rating in a research report on Tuesday, January 23rd.

Energy Fuels Stock Down 3.1 %

The firm has a market cap of $1.02 billion, a PE ratio of 10.07 and a beta of 1.53. The business has a fifty day moving average price of $6.87.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) TSE: EFR last announced its quarterly earnings results on Friday, February 23rd. The basic materials company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.10). Energy Fuels had a net margin of 263.04% and a negative return on equity of 7.97%. The company had revenue of $0.47 million during the quarter, compared to the consensus estimate of $6.45 million. On average, research analysts expect that Energy Fuels Inc. will post -0.19 earnings per share for the current year.

Insider Buying and Selling at Energy Fuels

In related news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total transaction of $92,800.00. Following the completion of the transaction, the director now owns 187,380 shares in the company, valued at $1,738,886.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.30% of the company's stock.

Hedge Funds Weigh In On Energy Fuels

Several hedge funds and other institutional investors have recently made changes to their positions in the company. MMCAP International Inc. SPC raised its stake in Energy Fuels by 50.7% in the fourth quarter. MMCAP International Inc. SPC now owns 3,693,009 shares of the basic materials company's stock valued at $25,888,000 after buying an additional 1,242,546 shares during the period. Alps Advisors Inc. lifted its position in Energy Fuels by 16.1% during the third quarter. Alps Advisors Inc. now owns 8,763,538 shares of the basic materials company's stock worth $72,036,000 after acquiring an additional 1,212,972 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Energy Fuels by 17.2% during the third quarter. Ameriprise Financial Inc. now owns 6,879,065 shares of the basic materials company's stock worth $56,546,000 after acquiring an additional 1,009,007 shares during the period. Bank of New York Mellon Corp grew its position in shares of Energy Fuels by 187.3% in the first quarter. Bank of New York Mellon Corp now owns 1,484,213 shares of the basic materials company's stock valued at $13,581,000 after purchasing an additional 967,543 shares during the last quarter. Finally, FMR LLC increased its stake in shares of Energy Fuels by 1,084.9% during the third quarter. FMR LLC now owns 955,209 shares of the basic materials company's stock worth $7,848,000 after purchasing an additional 874,593 shares during the period. 48.24% of the stock is owned by institutional investors.

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.