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

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

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UUUU. Farther Finance Advisors LLC boosted its stake in shares of Energy Fuels by 3,820.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock worth $26,000 after acquiring an additional 1,643 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in Energy Fuels by 27.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock worth $36,000 after purchasing an additional 1,344 shares during the period. ORG Partners LLC grew its holdings in Energy Fuels by 111.4% during the third quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock valued at $40,000 after purchasing an additional 1,270 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in Energy Fuels by 38.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 8,527 shares of the company’s stock valued at $49,000 after purchasing an additional 2,368 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in Energy Fuels by 27.1% in the second quarter. PNC Financial Services Group Inc. now owns 8,649 shares of the company’s stock worth $50,000 after buying an additional 1,844 shares in the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Energy Fuels Trading Down 6.3%

UUUU stock opened at $19.03 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 $4.52 billion, a price-to-earnings ratio of -50.08 and a beta of 1.42. The business has a 50 day simple moving average of $20.99 and a two-hundred day simple moving average of $17.50.

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.

Insider Buying and Selling

In related news, Director Alex G. Morrison sold 38,869 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 110,878 shares of the company’s stock, valued at approximately $1,587,772.96. This trade represents a 25.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Curtis Moore sold 10,000 shares of Energy Fuels stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $23.12, for a total transaction of $231,200.00. Following the completion of the sale, the vice president owned 112,415 shares in the company, valued at approximately $2,599,034.80. This represents a 8.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 108,463 shares of company stock worth $1,677,543. 1.77% of the stock is owned by insiders.

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.