196,000 Shares in Energy Fuels Inc $UUUU Bought by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda acquired a new stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 196,000 shares of the company’s stock, valued at approximately $3,009,000. SPX Gestao de Recursos Ltda owned 0.08% of Energy Fuels at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of UUUU. AQR Capital Management LLC purchased a new position in Energy Fuels during the 1st quarter valued at about $871,000. NewEdge Advisors LLC increased its stake in shares of Energy Fuels by 67.7% during the first quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock valued at $216,000 after purchasing an additional 23,356 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of Energy Fuels by 11.1% during the second quarter. Bank of Montreal Can now owns 613,750 shares of the company’s stock valued at $3,549,000 after purchasing an additional 61,218 shares during the last quarter. Savant Capital LLC purchased a new position in shares of Energy Fuels during the second quarter valued at approximately $65,000. Finally, Wedbush Securities Inc. boosted its position in shares of Energy Fuels by 15.8% in the 2nd quarter. Wedbush Securities Inc. now owns 12,850 shares of the company’s stock worth $74,000 after purchasing an additional 1,750 shares in the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Timothy James Carstens sold 59,594 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $14.93, for a total transaction of $889,738.42. Following the sale, the executive vice president owned 107,435 shares of the company’s stock, valued at $1,604,004.55. This trade represents a 35.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alex G. Morrison sold 38,869 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $14.32, for a total transaction of $556,604.08. Following the transaction, the director owned 110,878 shares in the company, valued at approximately $1,587,772.96. This trade represents a 25.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 108,463 shares of company stock valued at $1,677,543 in the last 90 days. 1.77% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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

Energy Fuels Stock Down 6.3%

UUUU stock opened at $19.03 on Friday. The stock has a market capitalization of $4.52 billion, a P/E ratio of -50.08 and a beta of 1.42. The company has a debt-to-equity ratio of 0.99, a current ratio of 30.69 and a quick ratio of 28.34. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $27.90. The business has a fifty day moving average price of $20.99 and a 200-day moving average price of $17.50.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings data on Friday, February 27th. The company reported ($0.12) 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%. Equities analysts forecast that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

About Energy Fuels

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.