Energy Fuels Inc. (NYSE:UUUU) Shares Bought by Aigen Investment Management LP

Aigen Investment Management LP lifted its position in shares of Energy Fuels Inc. (NYSE:UUUU) by 90.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 47,975 shares of the company’s stock after acquiring an additional 22,804 shares during the period. Aigen Investment Management LP’s holdings in Energy Fuels were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. New York State Common Retirement Fund boosted its holdings in Energy Fuels by 2.3% during the third quarter. New York State Common Retirement Fund now owns 57,582 shares of the company’s stock worth $473,000 after buying an additional 1,282 shares in the last quarter. Bank of Nova Scotia grew its position in shares of Energy Fuels by 0.8% during the 3rd quarter. Bank of Nova Scotia now owns 312,266 shares of the company’s stock valued at $2,566,000 after acquiring an additional 2,443 shares during the period. Public Sector Pension Investment Board increased its stake in shares of Energy Fuels by 1.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 341,903 shares of the company’s stock valued at $2,822,000 after purchasing an additional 3,259 shares in the last quarter. Sprott Inc. raised its holdings in Energy Fuels by 13.3% in the 3rd quarter. Sprott Inc. now owns 35,394 shares of the company’s stock worth $291,000 after purchasing an additional 4,165 shares during the period. Finally, McGlone Suttner Wealth Management Inc. purchased a new position in Energy Fuels during the fourth quarter worth approximately $31,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total transaction of $92,800.00. Following the completion of the transaction, the director now owns 187,380 shares of the company’s stock, valued at approximately $1,738,886.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders have purchased 8,013 shares of company stock valued at $48,050. Company insiders own 1.92% of the company’s stock.

Analysts Set New Price Targets

Separately, B. Riley initiated coverage on Energy Fuels in a research note on Thursday, April 18th. They set a “buy” rating and a $9.00 target price for the company.

Energy Fuels Trading Down 0.8 %

UUUU traded down $0.05 on Friday, reaching $6.56. 3,019,129 shares of the company’s stock were exchanged, compared to its average volume of 3,551,838. Energy Fuels Inc. has a twelve month low of $5.16 and a twelve month high of $9.02. The business has a fifty day moving average price of $6.25.

Energy Fuels (NYSE:UUUU) last issued its earnings results on Friday, May 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Energy Fuels had a negative return on equity of 6.27% and a negative net margin of 24.83%. The business had revenue of $25.43 million during the quarter, compared to the consensus estimate of $26.25 million. As a group, analysts predict that Energy Fuels Inc. will post -0.11 earnings per share for the current fiscal year.

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.