Energy Fuels Sees Unusually Large Options Volume (NYSE:UUUU)

Energy Fuels Inc. (NYSE:UUUU) was the recipient of unusually large options trading on Tuesday. Stock investors acquired 10,274 call options on the stock. This is an increase of 64% compared to the average volume of 6,251 call options.

Energy Fuels Price Performance

Shares of Energy Fuels stock opened at $5.58 on Wednesday. Energy Fuels has a fifty-two week low of $4.19 and a fifty-two week high of $8.21. The firm has a fifty day moving average price of $6.03 and a two-hundred day moving average price of $5.66. The company has a market cap of $1.10 billion, a PE ratio of -25.36 and a beta of 1.71.

Energy Fuels (NYSE:UUUU) last announced its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. Analysts expect that Energy Fuels will post -0.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Dennis Lyle Higgs sold 18,615 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $7.23, for a total value of $134,586.45. Following the completion of the transaction, the director now owns 291,422 shares of the company’s stock, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Alex G. Morrison sold 17,500 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total value of $100,100.00. Following the completion of the transaction, the director now directly owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. The trade was a 9.56 % decrease in their position. The disclosure for this sale can be found here. 1.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Van ECK Associates Corp boosted its stake in Energy Fuels by 84.8% during the 3rd quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock worth $12,961,000 after acquiring an additional 1,083,480 shares during the last quarter. Geode Capital Management LLC boosted its stake in Energy Fuels by 14.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock worth $12,731,000 after acquiring an additional 285,680 shares during the last quarter. Bridgewater Associates LP boosted its stake in Energy Fuels by 8.8% during the 3rd quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock worth $9,094,000 after acquiring an additional 134,531 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Energy Fuels by 233.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock worth $4,966,000 after acquiring an additional 632,713 shares during the last quarter. Finally, Stanley Laman Group Ltd. raised its holdings in Energy Fuels by 65.2% during the 3rd quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company’s stock worth $4,313,000 after buying an additional 309,958 shares during the period. Institutional investors own 48.24% of the company’s stock.

Analysts Set New Price Targets

UUUU has been the subject of several analyst reports. Roth Mkm reduced their target price on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Monday, November 4th. HC Wainwright reissued a “buy” rating and issued a $11.00 price objective on shares of Energy Fuels in a research note on Wednesday, December 11th.

About Energy Fuels

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.