Energy fuels director Higgs sells $266k in shares

Director of Energy Fuels (NASDAQ:UUUU), Dennis Lyle Higgs, sold 22,500 shares of common stock on August 28 and 29, 2025, for a total of $266,350. The sales prices ranged from $11.64 to $12.2 per share, near the stock’s 52-week high of $13.34. The uranium company, now valued at $2.56 billion, has seen its shares surge over 180% in the past six months amid volatile trading conditions.

On August 28, Higgs sold 10,000 shares at $11.64, 5,000 shares at $11.82, and 5,000 shares at $12.07. On August 29, Higgs sold 2,500 shares at $12.2. Following these transactions, Higgs directly owns 253,881 shares of Energy Fuels. InvestingPro subscribers can access comprehensive insider trading analysis and 15+ additional expert insights about Energy Fuels’ financial health and market position.

In other recent news, Energy Fuels Inc. announced a significant collaboration with Vulcan Elements to establish a domestic supply chain for rare earth magnets, independent of China. The companies signed a Memorandum of Understanding, with Energy Fuels set to provide high-purity separated rare earth oxides to Vulcan in the fourth quarter of 2025. This development follows the company’s announcement of a leadership change, with Ross R. Bhappu stepping in as the new president as part of Energy Fuels’ long-term succession planning. Additionally, Timothy J. Carstens, Executive Vice President of Heavy Mineral Sands Operations, will be leaving the company at the end of 2025 due to operational restructuring.

The uranium sector recently experienced volatility, impacting Energy Fuels as Kazakhstan’s plans to increase uranium production led to a broad selloff in uranium stocks. However, the market also saw positive developments after Kazatomprom, a major uranium producer, announced a reduction in its 2026 production forecast, which analysts at Scotiabank viewed favorably for the uranium market. Energy Fuels’ strategic moves and leadership changes come amid these shifting market dynamics. The company continues to navigate the evolving landscape with a focus on strengthening its position in the rare earth and uranium sectors.

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