ARP Global Capital Ltd Buys Shares of 68,722 Energy Fuels Inc $UUUU

ARP Global Capital Ltd purchased a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 68,722 shares of the company’s stock, valued at approximately $999,000. Energy Fuels comprises approximately 0.3% of ARP Global Capital Ltd’s portfolio, making the stock its 27th biggest holding.

A number of other hedge funds have also recently modified their holdings of UUUU. Vanguard Group Inc. raised its holdings in Energy Fuels by 50.6% in the 3rd quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock worth $182,420,000 after purchasing an additional 3,991,202 shares during the period. Van ECK Associates Corp grew its holdings in Energy Fuels by 35.4% during the third quarter. Van ECK Associates Corp now owns 10,194,742 shares of the company’s stock valued at $156,489,000 after purchasing an additional 2,664,735 shares during the period. Bank of America Corp DE grew its holdings in Energy Fuels by 93.6% during the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after purchasing an additional 2,111,466 shares during the period. Morgan Stanley increased its position in Energy Fuels by 108.7% in the fourth quarter. Morgan Stanley now owns 3,952,694 shares of the company’s stock worth $57,472,000 after buying an additional 2,058,920 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of Energy Fuels by 530.6% in the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock worth $11,892,000 after buying an additional 1,740,183 shares during the period. Institutional investors own 48.24% of the company’s stock.

Insider Activity at Energy Fuels

In other Energy Fuels news, Director Alex G. Morrison sold 38,869 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $14.32, for a total transaction of $556,604.08. Following the completion of the transaction, the director owned 110,878 shares of the company’s stock, valued at $1,587,772.96. This represents a 25.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dennis Lyle Higgs sold 8,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $19.62, for a total value of $156,960.00. Following the transaction, the director owned 157,113 shares of the company’s stock, valued at approximately $3,082,557.06. The trade was a 4.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 67,869 shares of company stock valued at $1,166,154. Insiders own 1.77% of the company’s stock.

Analyst Ratings Changes

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

Energy Fuels Trading Down 5.8%

UUUU stock opened at $18.67 on Friday. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $27.90. The company has a debt-to-equity ratio of 0.99, a current ratio of 30.69 and a quick ratio of 28.34. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of -49.13 and a beta of 1.42. The business has a 50 day simple moving average of $21.46 and a two-hundred day simple moving average of $17.89.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings data on Friday, February 27th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.05). Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. Research analysts anticipate that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

Energy Fuels Company 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.