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Energy fuels director sells shares worth $92,800

Published 04/04/2024, 03:34 PM
Updated 04/04/2024, 03:34 PM

Energy Fuels (TSX:EFR) Inc. (NYSEAMERICAN:UUUU) Director J. Birks Bovaird has recently sold 10,000 shares of company stock, according to the latest SEC filings. The transaction, which took place on April 3, 2024, was executed at a price of $9.28 per share, amounting to a total value of $92,800.

The sale was conducted to cover certain personal expenses of the reporting owner, as noted in the SEC filings. This transaction has adjusted Bovaird's direct ownership in Energy Fuels to a total of 187,380 shares following the sale.

Energy Fuels Inc. , which operates within the mining and quarrying of nonmetallic minerals sector, has seen its shares traded under the ticker UUUU on the NYSE American exchange. The company's business address is located in Lakewood, Colorado.

Investors and market watchers often scrutinize insider transactions as they can provide insights into the company's performance and insider sentiment. The details of such transactions are required to be publicly disclosed to ensure transparency and maintain fair trading practices.

Shareholders and potential investors can access the full details of these transactions through the SEC's EDGAR database, where the Form 4 filings are made available.

InvestingPro Insights

Following the recent insider sale by Director J. Birks Bovaird, investors may be interested in the financial health and market performance of Energy Fuels Inc. (NYSEAMERICAN:UUUU). According to InvestingPro data, the company has experienced a substantial 203.06% revenue growth for the last twelve months as of Q4 2023, which is a significant indicator of its expanding operations. Despite this growth, the company's P/E Ratio (Adjusted) stands at a negative -145.09, reflecting challenges in profitability relative to its share price.

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Moreover, the company's share price has seen a 9.7% return over the last week, which might suggest a positive short-term investor sentiment. This aligns with one of the InvestingPro Tips, indicating that the company has seen a significant return over the same period. However, it's also important to note that Energy Fuels Inc. is trading at a high revenue valuation multiple, which might suggest that its stock price is relatively expensive compared to its revenue.

For those looking to delve deeper into the company's financials and performance metrics, InvestingPro offers additional insights. There are 7 more InvestingPro Tips available for UUUU, which could help investors make more informed decisions. To access these insights and take advantage of the comprehensive analysis provided by InvestingPro, use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.

With the next earnings date approaching on May 3, 2024, investors will be keen to see if the company's financial trajectory aligns with market expectations and insider trading activities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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