Energy Fuels (NYSEAMERICAN:UUUU) Sets New 12-Month Low - Time to Sell?

Key Points

• Energy Fuels shares fell to a new 52-week low of $10.64, below the 50-day average of $13.23 and 200-day average of $15.86.
• Analyst sentiment remains mixed but leans positive, with a consensus “Moderate Buy” rating and a $21.85 price target; ratings range from “Strong Sell” to “Buy.”
• The company reported a quarterly loss of $0.13 per share, missing the $0.04 loss estimate, while revenue reached $25.11 million and profitability remained weak.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) shares hit a new 52-week low during trading on Thursday. The stock traded as low as $10.64 and last traded at $10.71, with a volume of 2484493 shares trading hands. The stock had previously closed at $11.03.

Wall Street Analyst Weigh In

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

Energy Fuels Price Performance

The stock has a market capitalization of $2.87 billion, a P/E ratio of -33.88 and a beta of 1.57. The company has a debt-to-equity ratio of 0.85, a quick ratio of 25.87 and a current ratio of 27.90. The firm has a fifty day moving average price of $13.23 and a two-hundred day moving average price of $15.86.

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

Insider Activity

In other Energy Fuels news, Director Bruce D. Hansen purchased 4,000 shares of Energy Fuels stock in a transaction dated Wednesday, July 8th. The stock was purchased at an average price of $12.70 per share, with a total value of $50,800.00. Following the transaction, the director directly owned 313,844 shares of the company's stock, valued at $3,985,818.80. This trade represents a 1.29% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ross R. Bhappu acquired 74,000 shares of the stock in a transaction dated Tuesday, July 7th. The stock was acquired at an average price of $13.08 per share, for a total transaction of $967,920.00. Following the purchase, the chief executive officer directly owned 256,583 shares in the company, valued at approximately $3,356,105.64. This trade represents a 40.53% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.97% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of UUUU. Empowered Funds LLC raised its holdings in Energy Fuels by 4,108.3% in the 1st quarter. Empowered Funds LLC now owns 511,478 shares of the company's stock worth $9,334,000 after purchasing an additional 499,324 shares during the period. TD Asset Management Inc grew its holdings in Energy Fuels by 7.6% during the fourth quarter. TD Asset Management Inc now owns 1,733,338 shares of the company's stock valued at $25,139,000 after purchasing an additional 122,086 shares during the period. Sapient Capital LLC bought a new stake in Energy Fuels during the first quarter valued at about $6,486,000. Renaissance Technologies LLC purchased a new stake in Energy Fuels in the first quarter worth about $11,640,000. Finally, Goehring & Rozencwajg Associates LLC increased its position in Energy Fuels by 20.8% in the first quarter. Goehring & Rozencwajg Associates LLC now owns 1,484,902 shares of the company's stock worth $27,099,000 after buying an additional 255,494 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company's stock.

About Energy Fuels

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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