Capital Research Global Investors Purchases Shares of 1,485,310 Energy Fuels Inc $UUUU

Capital Research Global Investors acquired a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the third quarter, HoldingsChannel reports. The institutional investor acquired 1,485,310 shares of the company’s stock, valued at approximately $22,800,000.

Other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of Energy Fuels by 3,820.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock valued at $26,000 after buying an additional 1,643 shares in the last quarter. ORG Partners LLC raised its stake in Energy Fuels by 111.4% during the 3rd quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock worth $40,000 after acquiring an additional 1,270 shares in the last quarter. US Bancorp DE lifted its position in Energy Fuels by 2,100.6% in the third quarter. US Bancorp DE now owns 3,653 shares of the company’s stock valued at $56,000 after acquiring an additional 3,487 shares during the last quarter. Strs Ohio acquired a new position in Energy Fuels in the third quarter valued at $64,000. Finally, Ameritas Advisory Services LLC boosted its stake in Energy Fuels by 18.8% in the third quarter. Ameritas Advisory Services LLC now owns 4,750 shares of the company’s stock valued at $73,000 after acquiring an additional 750 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Insider Buying and Selling

In other Energy Fuels news, VP Curtis Moore sold 10,000 shares of Energy Fuels stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $23.12, for a total value of $231,200.00. Following the transaction, the vice president directly owned 112,415 shares in the company, valued at approximately $2,599,034.80. This trade represents a 8.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Alex G. Morrison sold 38,869 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $14.32, for a total value of $556,604.08. Following the completion of the transaction, the director directly owned 110,878 shares in the company, valued at approximately $1,587,772.96. The trade was a 25.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 67,869 shares of company stock valued at $1,166,154 in the last quarter. 1.77% of the stock is currently owned by insiders.

Energy Fuels Trading Down 1.2%

NYSEAMERICAN UUUU opened at $19.82 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 28.34 and a current ratio of 30.69. The firm has a market cap of $4.70 billion, a PE ratio of -52.16 and a beta of 1.42. Energy Fuels Inc has a one year low of $3.20 and a one year high of $27.90. The firm’s fifty day moving average is $21.42 and its two-hundred day moving average is $17.80.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its earnings results on Friday, February 27th. The company reported ($0.12) earnings per share 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%. Analysts expect that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.