Trade Alert: Executive Vice President of Heavy Mineral Sands Operations Of Energy Fuels Timothy Carstens Has Sold Stock

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We wouldn’t blame Energy Fuels Inc. (TSE:EFR) shareholders if they were a little worried about the fact that Timothy Carstens, the Executive Vice President of Heavy Mineral Sands Operations recently netted about CA$1.6m selling shares at an average price of CA$7.45. That sale reduced their total holding by 44% which is hardly insignificant, but far from the worst we’ve seen.

The Last 12 Months Of Insider Transactions At Energy Fuels

Notably, that recent sale by Timothy Carstens is the biggest insider sale of Energy Fuels shares that we’ve seen in the last year. So it’s clear an insider wanted to take some cash off the table, even below the current price of CA$7.65. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they…

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