Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,021,584 shares, a drop of 4.7% from the November 30th total of 2,120,430 shares. Currently, 4.2% of the company’s shares are sold short. Based on an average daily volume of 481,856 shares, the days-to-cover ratio is presently 4.2 days.
Energy Fuels (UUUU) opened at $1.66 on Wednesday. The stock has a market cap of $129.61, a P/E ratio of -4.37 and a beta of 0.49. Energy Fuels has a 52 week low of $1.29 and a 52 week high of $2.71.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last issued its earnings results on Thursday, November 2nd. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.04).
Several equities research analysts recently commented on UUUU shares. HC Wainwright reissued a “buy” rating and set a $5.00 price objective on shares of Energy Fuels in a research note on Monday, September 25th. Noble Financial reissued a “hold” rating on shares of Energy Fuels in a research note on Tuesday, November 14th. Zacks Investment Research lowered shares of Energy Fuels from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, ValuEngine raised shares of Energy Fuels from a “strong sell” rating to a “sell” rating in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Energy Fuels currently has an average rating of “Hold” and a consensus target price of $3.25.
In related news, Director Dennis Lyle Higgs sold 15,500 shares of Energy Fuels stock in a transaction on Friday, November 24th. The shares were sold at an average price of $2.00, for a total value of $31,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 35,500 shares of company stock worth $69,500.
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About Energy Fuels
Energy Fuels Inc (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.
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