Investors Purchase High Volume of Call Options on Energy Fuels (NYSEAMERICAN:UUUU)

Key Points

• Unusual options activity: Investors purchased 27,033 call options on Energy Fuels, 37% above its typical daily volume.
• Insider and institutional buying: Director Bruce D. Hansen bought 4,000 shares, while several institutional investors increased their holdings. Institutions own 48.24% of the company.
• Mixed stock and analyst outlook: Shares rose 6.1% to $11.48, but the company missed quarterly EPS expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $21.85.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Stock investors acquired 27,033 call options on the stock. This represents an increase of 37% compared to the typical daily volume of 19,733 call options.

Insider Activity at Energy Fuels

In other news, Director Bruce D. Hansen bought 4,000 shares of the company's stock in a transaction that occurred on Wednesday, July 8th. The shares were purchased at an average price of $12.70 per share, with a total value of $50,800.00. Following the completion of the acquisition, the director directly owned 313,844 shares in the company, valued at approximately $3,985,818.80. This trade represents a 1.29% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.97% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in UUUU. Sound Income Strategies LLC grew its holdings in shares of Energy Fuels by 17.1% during the first quarter. Sound Income Strategies LLC now owns 4,100 shares of the company's stock worth $74,000 after buying an additional 600 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Energy Fuels by 3.6% in the 1st quarter. Wealthfront Advisers LLC now owns 19,697 shares of the company's stock worth $359,000 after acquiring an additional 677 shares during the period. Harbour Investments Inc. grew its position in Energy Fuels by 74.5% in the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company's stock valued at $25,000 after buying an additional 741 shares in the last quarter. Abel Hall LLC grew its holdings in Energy Fuels by 6.6% during the first quarter. Abel Hall LLC now owns 13,737 shares of the company's stock worth $251,000 after acquiring an additional 856 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in Energy Fuels by 9.6% during the first quarter. Principal Financial Group Inc. now owns 11,856 shares of the company's stock worth $216,000 after buying an additional 1,043 shares in the last quarter. Institutional investors own 48.24% of the company's stock.

Energy Fuels Stock Up 6.1%

Shares of NYSEAMERICAN:UUUU traded up $0.66 during midday trading on Tuesday, hitting $11.48. 6,521,977 shares of the company's stock were exchanged, compared to its average volume of 10,277,018. The company has a debt-to-equity ratio of 0.85, a current ratio of 27.90 and a quick ratio of 25.87. The company has a market cap of $3.04 billion, a PE ratio of -35.88 and a beta of 1.77. The stock has a 50 day moving average price of $13.17 and a 200-day moving average price of $15.68. Energy Fuels has a 12 month low of $10.61 and a 12 month high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.09). The company had revenue of $25.11 million for the quarter. Energy Fuels had a negative return on equity of 11.29% and a negative net margin of 77.75%. On average, sell-side analysts anticipate that Energy Fuels will post -0.25 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on UUUU shares. UBS Group upgraded Energy Fuels to a "neutral" rating in a report on Friday, August 14th. Zacks Research cut Energy Fuels from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 11th. BMO Capital Markets began coverage on shares of Energy Fuels in a research note on Friday, August 14th. They issued an "outperform" rating and a $18.00 price objective on the stock. Roth Capital upgraded Energy Fuels from a "neutral" rating to a "buy" rating and set a $16.00 target price for the company in a report on Friday, August 7th. Finally, The Goldman Sachs Group cut their price objective on Energy Fuels from $29.00 to $21.00 and set a "buy" rating for the company in a research report on Friday, June 12th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Energy Fuels has a consensus rating of "Moderate Buy" and an average price target of $21.85.

Energy Fuels Company Profile

Energy Fuels Inc is a U.S.-based critical minerals company focused on uranium, rare earth elements and vanadium. The company produces uranium concentrate, commonly known as yellowcake, for the nuclear energy industry and maintains a portfolio of uranium mines, mining projects and mineral properties primarily in the United States.

Energy Fuels owns and operates the White Mesa Mill in Utah, which it describes as the only conventional uranium mill currently operating in the United States.

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