National Bank of Canada FI Acquires 61,676 Shares of Energy Fuels Inc. (NYSE:UUUU)

National Bank of Canada FI boosted its holdings in shares of Energy Fuels Inc. (NYSE:UUUU) by 611.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,759 shares of the company’s stock after purchasing an additional 61,676 shares during the period. National Bank of Canada FI’s holdings in Energy Fuels were worth $394,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Eastern Bank purchased a new stake in shares of Energy Fuels in the 3rd quarter worth about $27,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Energy Fuels during the second quarter valued at about $31,000. Signaturefd LLC raised its stake in Energy Fuels by 261.7% in the third quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after buying an additional 4,321 shares in the last quarter. Northwest & Ethical Investments L.P. purchased a new stake in Energy Fuels in the third quarter worth about $53,000. Finally, Hilltop Holdings Inc. bought a new stake in Energy Fuels during the 3rd quarter valued at approximately $55,000. Institutional investors own 48.24% of the company’s stock.

Insider Transactions at Energy Fuels

In other news, Director Dennis Lyle Higgs sold 18,615 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the transaction, the director now owns 291,422 shares in the company, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on UUUU shares. Roth Mkm decreased their target price on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Monday, November 4th. HC Wainwright reiterated a “buy” rating and issued a $11.00 price objective on shares of Energy Fuels in a report on Wednesday, December 11th.

Energy Fuels Stock Performance

Shares of UUUU opened at $5.97 on Monday. Energy Fuels Inc. has a fifty-two week low of $4.19 and a fifty-two week high of $8.21. The firm’s 50-day simple moving average is $6.42 and its two-hundred day simple moving average is $5.79. The stock has a market cap of $1.17 billion, a PE ratio of -27.14 and a beta of 1.64.

Energy Fuels (NYSE:UUUU) last posted its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The company had revenue of $4.05 million during the quarter, compared to analysts’ expectations of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. Equities research analysts predict that Energy Fuels Inc. will post -0.1 EPS for the current year.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.