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

Energy Fuels Inc. (NYSEAMERICAN:UUUU - Get Free Report) saw some unusual options trading activity on Friday. Investors bought 24,245 call options on the stock. This represents an increase of approximately 264% compared to the average volume of 6,653 call options.

Analysts Set New Price Targets

UUUU has been the subject of a number of recent research reports. Roth Capital set a $5.75 price objective on Energy Fuels in a research report on Friday, February 28th. HC Wainwright cut their target price on Energy Fuels from $10.75 to $10.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Finally, Roth Mkm upgraded Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price target for the company in a research report on Friday, February 28th.

Energy Fuels Stock Performance

Shares of Energy Fuels stock traded up $0.75 during midday trading on Friday, reaching $5.25. 14,725,816 shares of the company's stock traded hands, compared to its average volume of 8,044,774. Energy Fuels has a 52 week low of $3.20 and a 52 week high of $7.47. The company's 50 day simple moving average is $4.27 and its 200 day simple moving average is $5.25. The company has a market cap of $1.04 billion, a price-to-earnings ratio of -23.86 and a beta of 1.68.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, VP Daniel Kapostasy sold 12,350 shares of the company's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $4.10, for a total value of $50,635.00. Following the completion of the sale, the vice president now directly owns 57,705 shares in the company, valued at $236,590.50. This represents a 17.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $4.15, for a total value of $41,500.00. Following the transaction, the director now directly owns 160,159 shares of the company's stock, valued at approximately $664,659.85. The trade was a 5.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is owned by company insiders.

Institutional Investors Weigh In On Energy Fuels

Large investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. grew its stake in Energy Fuels by 29.0% in the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after buying an additional 3,584,798 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Energy Fuels by 104.9% during the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company's stock valued at $24,823,000 after acquiring an additional 2,477,539 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Energy Fuels by 10.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company's stock valued at $46,927,000 after purchasing an additional 1,231,484 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Energy Fuels by 18.5% in the fourth quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock valued at $38,316,000 after purchasing an additional 1,164,973 shares during the last quarter. Finally, Focus Partners Wealth bought a new position in shares of Energy Fuels in the fourth quarter worth about $5,467,000. Institutional investors own 48.24% of the company's stock.

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.

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