Synergy Asset Management LLC Purchases New Holdings in Energy Fuels Inc. (NYSE:UUUU)

Synergy Asset Management LLC acquired a new stake in Energy Fuels Inc. (NYSE:UUUU) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 22,446 shares of the company’s stock, valued at approximately $127,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Renaissance Technologies LLC acquired a new position in shares of Energy Fuels during the second quarter valued at about $415,000. Bank of Montreal Can increased its holdings in shares of Energy Fuels by 12.6% during the second quarter. Bank of Montreal Can now owns 440,637 shares of the company’s stock valued at $2,695,000 after acquiring an additional 49,386 shares in the last quarter. Xponance Inc. acquired a new position in shares of Energy Fuels during the second quarter worth approximately $61,000. Marshall Wace LLP acquired a new position in shares of Energy Fuels during the second quarter worth approximately $890,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Energy Fuels by 1.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 271,477 shares of the company’s stock worth $1,643,000 after purchasing an additional 4,843 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Energy Fuels news, Director Alex G. Morrison sold 17,500 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total transaction of $100,100.00. Following the completion of the transaction, the director now directly owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. This represents a 9.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total value of $54,400.00. Following the completion of the sale, the director now owns 178,380 shares in the company, valued at $970,387.20. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 46,115 shares of company stock valued at $289,086. Corporate insiders own 1.92% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on UUUU shares. HC Wainwright restated a “buy” rating and set a $11.00 price objective on shares of Energy Fuels in a report on Wednesday, December 11th. Roth Mkm lowered their target price on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a report on Monday, November 4th.

Energy Fuels Trading Down 0.4 %

Shares of Energy Fuels stock opened at $5.54 on Friday. The stock has a fifty day simple moving average of $5.82 and a 200 day simple moving average of $5.62. Energy Fuels Inc. has a 12-month low of $4.19 and a 12-month high of $8.21. The company has a market capitalization of $1.09 billion, a P/E ratio of -25.18 and a beta of 1.71.

Energy Fuels (NYSE:UUUU) last posted its earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. On average, analysts predict that Energy Fuels Inc. will post -0.1 EPS for the current year.

Energy Fuels Company Profile

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.