Nemes Rush Group LLC Takes Position in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Nemes Rush Group LLC purchased a new position in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,100 shares of the company’s stock, valued at approximately $72,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its stake in shares of Energy Fuels by 6.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock worth $161,000 after purchasing an additional 1,653 shares during the period. HighTower Advisors LLC raised its position in Energy Fuels by 1.6% in the fourth quarter. HighTower Advisors LLC now owns 128,011 shares of the company’s stock worth $657,000 after acquiring an additional 2,010 shares during the period. Swiss National Bank boosted its stake in Energy Fuels by 0.6% in the fourth quarter. Swiss National Bank now owns 364,800 shares of the company’s stock valued at $1,875,000 after acquiring an additional 2,200 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Energy Fuels by 2.5% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,287 shares of the company’s stock valued at $518,000 after acquiring an additional 2,309 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Energy Fuels by 65.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock worth $32,000 after purchasing an additional 2,442 shares during the last quarter. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $3.77 on Thursday. Energy Fuels Inc. has a 52-week low of $3.55 and a 52-week high of $7.47. The business’s fifty day moving average is $4.82 and its 200 day moving average is $5.48. The firm has a market cap of $749.06 million, a price-to-earnings ratio of -17.14 and a beta of 1.68.

Insider Activity

In related news, Director Barbara Appelin Filas sold 10,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $4.15, for a total transaction of $41,500.00. Following the completion of the transaction, the director now directly owns 160,159 shares in the company, valued at $664,659.85. The trade was a 5.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bruce D. Hansen purchased 6,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average price of $4.25 per share, with a total value of $25,500.00. Following the transaction, the director now owns 295,239 shares in the company, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on UUUU shares. Roth Capital set a $5.75 price target on Energy Fuels in a research note on Friday, February 28th. Roth Mkm raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a report on Friday, February 28th. Finally, HC Wainwright reduced their target price on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research note on Friday, February 28th.

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.