Fmr LLC Has $455,000 Stake in Energy Fuels Inc. (NYSE:UUUU)

Fmr LLC boosted its position in Energy Fuels Inc. (NYSE:UUUU) by 3.1% in the third quarter, Holdings Channel.com reports. The firm owned 82,754 shares of the company’s stock after purchasing an additional 2,520 shares during the quarter. Fmr LLC’s holdings in Energy Fuels were worth $455,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vontobel Holding Ltd. grew its holdings in shares of Energy Fuels by 12.4% during the third quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock worth $187,000 after purchasing an additional 3,752 shares during the last quarter. Signaturefd LLC grew its holdings in Energy Fuels by 261.7% during the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after acquiring an additional 4,321 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Energy Fuels by 1.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 271,477 shares of the company’s stock valued at $1,643,000 after acquiring an additional 4,843 shares during the period. Eastern Bank bought a new position in shares of Energy Fuels during the third quarter valued at $27,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of Energy Fuels during the second quarter worth $31,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Stock Performance

NYSE:UUUU opened at $5.41 on Friday. Energy Fuels Inc. has a 52 week low of $4.19 and a 52 week high of $8.21. The firm’s fifty day moving average is $6.43 and its 200-day moving average is $5.77. The firm has a market cap of $1.06 billion, a P/E ratio of -24.59 and a beta of 1.64.

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

Insider Activity at Energy Fuels

In other news, Director Alex G. Morrison sold 17,500 shares of the stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the transaction, the director now owns 165,528 shares of the company’s stock, valued at $946,820.16. This represents a 9.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dennis Lyle Higgs sold 18,615 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the completion of the sale, the director now owns 291,422 shares of the company’s stock, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. HC Wainwright restated a “buy” rating and issued a $11.00 price objective on shares of Energy Fuels in a report on Wednesday, December 11th. Roth Mkm lowered their price objective 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.

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.