JPMorgan Chase & Co. Purchases 795,929 Shares of Energy Fuels Inc $UUUU

JPMorgan Chase & Co. boosted its position in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 685.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 912,120 shares of the company’s stock after purchasing an additional 795,929 shares during the period. JPMorgan Chase & Co. owned 0.40% of Energy Fuels worth $14,001,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ameritas Advisory Services LLC increased its stake in shares of Energy Fuels by 18.8% in the third quarter. Ameritas Advisory Services LLC now owns 4,750 shares of the company’s stock valued at $73,000 after buying an additional 750 shares during the period. PNC Financial Services Group Inc. boosted its position in Energy Fuels by 10.3% during the third quarter. PNC Financial Services Group Inc. now owns 9,538 shares of the company’s stock valued at $146,000 after acquiring an additional 889 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Energy Fuels by 6.7% during the 3rd quarter. Principal Financial Group Inc. now owns 15,374 shares of the company’s stock worth $236,000 after acquiring an additional 962 shares during the period. Joel Isaacson & Co. LLC raised its position in shares of Energy Fuels by 11.9% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 11,321 shares of the company’s stock worth $174,000 after acquiring an additional 1,200 shares in the last quarter. Finally, ORG Partners LLC raised its position in shares of Energy Fuels by 111.4% in the 3rd quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock worth $40,000 after acquiring an additional 1,270 shares in the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Trading Up 4.4%

NYSEAMERICAN:UUUU opened at $21.81 on Thursday. Energy Fuels Inc has a 12 month low of $3.20 and a 12 month high of $27.90. The company has a current ratio of 30.69, a quick ratio of 28.34 and a debt-to-equity ratio of 0.99. The firm’s 50 day moving average is $20.80 and its 200 day moving average is $17.42. The stock has a market capitalization of $5.18 billion, a PE ratio of -57.39 and a beta of 1.42.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its earnings results on Friday, February 27th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.05). Energy Fuels had a negative return on equity of 13.15% and a negative net margin of 130.63%. Sell-side analysts expect that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on UUUU. B. Riley Financial raised their target price on Energy Fuels to $27.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. HC Wainwright increased their price target on Energy Fuels from $26.75 to $27.25 and gave the stock a “buy” rating in a report on Friday, February 27th. The Goldman Sachs Group began coverage on shares of Energy Fuels in a research report on Tuesday, February 10th. They set a “buy” rating and a $30.00 price objective for the company. Finally, Roth Mkm upgraded shares of Energy Fuels from a “sell” rating to a “neutral” rating and boosted their target price for the company from $13.00 to $15.50 in a research report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $24.94.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, EVP Timothy James Carstens sold 59,594 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $14.93, for a total value of $889,738.42. Following the completion of the transaction, the executive vice president owned 107,435 shares of the company’s stock, valued at $1,604,004.55. The trade was a 35.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Curtis Moore sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $23.12, for a total value of $231,200.00. Following the completion of the sale, the vice president directly owned 112,415 shares of the company’s stock, valued at approximately $2,599,034.80. This represents a 8.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 108,463 shares of company stock valued at $1,677,543 in the last 90 days. Corporate insiders own 1.77% of the company’s stock.

Energy Fuels Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.