CIBC Asset Management Inc Purchases 11,856 Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU)

CIBC Asset Management Inc raised its position in Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 215,134 shares of the company’s stock after purchasing an additional 11,856 shares during the period. CIBC Asset Management Inc owned 0.11% of Energy Fuels worth $1,104,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Van ECK Associates Corp lifted its holdings in shares of Energy Fuels by 104.9% during the 4th quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after acquiring an additional 2,477,539 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Energy Fuels by 14.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock worth $12,731,000 after acquiring an additional 285,680 shares during the last quarter. Bridgewater Associates LP lifted its holdings in shares of Energy Fuels by 8.8% during the 3rd quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock worth $9,094,000 after acquiring an additional 134,531 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Energy Fuels by 3.7% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,579,919 shares of the company’s stock worth $8,105,000 after acquiring an additional 55,709 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Energy Fuels by 233.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock worth $4,966,000 after acquiring an additional 632,713 shares during the last quarter. 48.24% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

UUUU has been the subject of a number of research analyst reports. Roth Mkm dropped their price objective on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a report on Monday, November 4th. HC Wainwright reiterated a “buy” rating and issued a $11.00 target price on shares of Energy Fuels in a research report on Wednesday, December 11th.

Insider Activity

In related news, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the sale, the director now owns 165,528 shares of the company’s stock, valued at $946,820.16. The trade was a 9.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the sale, the director now directly owns 178,380 shares in the company, valued at $970,387.20. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.92% of the company’s stock.

Energy Fuels Trading Down 4.7 %

Shares of UUUU opened at $4.64 on Friday. The firm’s 50-day moving average price is $5.37 and its 200-day moving average price is $5.57. The firm has a market capitalization of $921.92 million, a price-to-earnings ratio of -21.09 and a beta of 1.68. Energy Fuels Inc. has a 1-year low of $4.19 and a 1-year high of $7.47.

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.