ARP Global Capital Ltd Makes New Investment in Energy Fuels Inc $UUUU

ARP Global Capital Ltd acquired a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 68,722 shares of the company’s stock, valued at approximately $999,000. Energy Fuels makes up about 0.3% of ARP Global Capital Ltd’s portfolio, making the stock its 27th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tobam purchased a new position in shares of Energy Fuels in the fourth quarter valued at $90,000. Mcguire Capital Advisors Inc. purchased a new stake in Energy Fuels during the fourth quarter valued at $27,000. Invesco Ltd. raised its stake in Energy Fuels by 47.9% during the fourth quarter. Invesco Ltd. now owns 163,968 shares of the company’s stock valued at $2,384,000 after purchasing an additional 53,074 shares in the last quarter. Wealthspire Retirement LLC lifted its position in Energy Fuels by 12.5% during the fourth quarter. Wealthspire Retirement LLC now owns 13,500 shares of the company’s stock valued at $196,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Mackenzie Financial Corp grew its stake in shares of Energy Fuels by 45.7% in the 4th quarter. Mackenzie Financial Corp now owns 59,806 shares of the company’s stock worth $848,000 after buying an additional 18,750 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors.

Insider Activity

In other Energy Fuels news, Director Barbara Appelin Filas sold 5,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $19.51, for a total value of $97,550.00. Following the completion of the sale, the director owned 160,261 shares of the company’s stock, valued at $3,126,692.11. This trade represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dennis Lyle Higgs sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $20.64, for a total value of $123,840.00. Following the transaction, the director owned 151,113 shares of the company’s stock, valued at $3,118,972.32. This trade represents a 3.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 67,869 shares of company stock valued at $1,166,154. Company insiders own 1.77% of the company’s stock.

Energy Fuels Trading Down 5.8%

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

Energy Fuels (NYSEAMERICAN:UUUU) last released its earnings results 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 return on equity of 13.15% and a negative net margin of 130.63%. As a group, analysts anticipate that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Analysts Set New Price Targets

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

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.