Bruce D. Hansen Buys 6,000 Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) Stock

Energy Fuels Inc. (NYSEAMERICAN:UUUU) Director Bruce D. Hansen purchased 6,000 shares of Energy Fuels stock in a transaction dated Wednesday, March 19th. The shares were purchased at an average price of $4.25 per share, for a total transaction of $25,500.00. Following the completion of the acquisition, the director now owns 295,239 shares of the company’s stock, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Energy Fuels Trading Up 0.2 %

Shares of Energy Fuels stock opened at $4.36 on Friday. The company has a market cap of $866.29 million, a P/E ratio of -19.82 and a beta of 1.68. The business has a 50-day moving average price of $5.06 and a two-hundred day moving average price of $5.53. Energy Fuels Inc. has a 1-year low of $3.74 and a 1-year high of $7.47.

Institutional Investors Weigh In On Energy Fuels

Several large investors have recently added to or reduced their stakes in UUUU. Van ECK Associates Corp boosted its position in shares of Energy Fuels by 104.9% during the 4th quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after purchasing an additional 2,477,539 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Energy Fuels by 18.5% in the fourth quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company’s stock worth $38,316,000 after acquiring an additional 1,164,973 shares in the last quarter. Focus Partners Wealth acquired a new stake in Energy Fuels in the fourth quarter valued at approximately $5,467,000. Summit Financial LLC bought a new stake in shares of Energy Fuels during the fourth quarter valued at approximately $4,840,000. Finally, The Manufacturers Life Insurance Company raised its position in shares of Energy Fuels by 233.1% during the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock worth $4,966,000 after purchasing an additional 632,713 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on UUUU. HC Wainwright decreased their price target on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research report on Friday, February 28th. Roth Capital set a $5.75 price objective on Energy Fuels in a report on Friday, February 28th. Finally, Roth Mkm raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target for the company in a research note on Friday, February 28th.

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.