Energy Fuels (NYSE:UUUU) Sees Strong Trading Volume

Energy Fuels Inc. (NYSE:UUUU - Get Free Report) saw an uptick in trading volume on Monday . Approximately 4,829,989 shares changed hands during trading, an increase of 69% from the previous session's volume of 2,854,511 shares.The stock last traded at $5.27 and had previously closed at $5.84.

Analysts Set New Price Targets

Several brokerages recently commented on UUUU. Roth Mkm lifted their target price on shares of Energy Fuels from $9.25 to $10.50 and gave the stock a "buy" rating in a research note on Tuesday, January 23rd. B. Riley initiated coverage on shares of Energy Fuels in a research report on Thursday. They issued a "buy" rating and a $9.00 target price on the stock. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $9.83.

Energy Fuels Stock Performance

Energy Fuels (NYSE:UUUU - Get Free Report) last announced its quarterly earnings results on Friday, February 23rd. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.10). The firm had revenue of $0.47 million during the quarter, compared to analysts' expectations of $6.45 million.

Insider Buying and Selling at Energy Fuels

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

Institutional Trading of Energy Fuels

Large investors have recently made changes to their positions in the company. New York State Common Retirement Fund boosted its stake in shares of Energy Fuels by 2.3% in the third quarter. New York State Common Retirement Fund now owns 57,582 shares of the company's stock valued at $473,000 after buying an additional 1,282 shares in the last quarter. Mackenzie Financial Corp boosted its position in Energy Fuels by 1.8% during the third quarter. Mackenzie Financial Corp now owns 84,860 shares of the company's stock worth $645,000 after purchasing an additional 1,471 shares in the last quarter. Bank of Nova Scotia boosted its position in Energy Fuels by 0.8% during the third quarter. Bank of Nova Scotia now owns 312,266 shares of the company's stock worth $2,566,000 after purchasing an additional 2,443 shares in the last quarter. Public Sector Pension Investment Board boosted its position in Energy Fuels by 1.0% during the third quarter. Public Sector Pension Investment Board now owns 341,903 shares of the company's stock worth $2,822,000 after purchasing an additional 3,259 shares in the last quarter. Finally, Optiver Holding B.V. boosted its position in Energy Fuels by 1,282.2% during the fourth quarter. Optiver Holding B.V. now owns 4,423 shares of the company's stock worth $32,000 after purchasing an additional 4,103 shares in the last quarter.

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.