Public Employees Retirement System of Ohio Buys New Position in Energy Fuels Inc $UUUU

Public Employees Retirement System of Ohio bought a new stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 56,721 shares of the company’s stock, valued at approximately $824,000.

Several other institutional investors also recently bought and sold shares of UUUU. Empowered Funds LLC boosted its stake in shares of Energy Fuels by 4,108.3% in the first quarter. Empowered Funds LLC now owns 511,478 shares of the company’s stock valued at $9,334,000 after purchasing an additional 499,324 shares during the period. TD Asset Management Inc increased its stake in Energy Fuels by 7.6% during the 4th quarter. TD Asset Management Inc now owns 1,733,338 shares of the company’s stock worth $25,139,000 after buying an additional 122,086 shares during the period. Sapient Capital LLC purchased a new stake in Energy Fuels during the 1st quarter worth approximately $6,486,000. Goehring & Rozencwajg Associates LLC lifted its holdings in Energy Fuels by 20.8% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 1,484,902 shares of the company’s stock worth $27,099,000 after buying an additional 255,494 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in Energy Fuels during the 1st quarter worth approximately $11,640,000. 48.24% of the stock is owned by institutional investors and hedge funds.

Energy Fuels Price Performance

UUUU stock opened at $14.55 on Thursday. The company has a market capitalization of $3.85 billion, a P/E ratio of -45.47 and a beta of 1.57. Energy Fuels Inc has a twelve month low of $10.69 and a twelve month high of $27.90. The business has a 50 day simple moving average of $13.53 and a 200-day simple moving average of $16.84. The company has a current ratio of 27.90, a quick ratio of 25.87 and a debt-to-equity ratio of 0.85.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). Energy Fuels had a negative net margin of 77.75% and a negative return on equity of 11.29%. The business had revenue of $25.11 million during the quarter. As a group, equities analysts anticipate that Energy Fuels Inc will post -0.25 EPS for the current year.

Wall Street Analyst Weigh In

UUUU has been the topic of a number of recent research reports. Roth Capital raised Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 price objective on the stock in a research report on Friday, August 7th. UBS Group upgraded Energy Fuels to a “neutral” rating in a report on Friday, August 14th. BMO Capital Markets began coverage on Energy Fuels in a research note on Friday, August 14th. They issued an “outperform” rating and a $18.00 price objective for the company. The Goldman Sachs Group lowered their price objective on Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a research report on Friday, June 12th. Finally, HC Wainwright boosted their price target on shares of Energy Fuels from $29.00 to $29.25 and gave the stock a “buy” rating in a report on Tuesday, September 1st. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Energy Fuels presently has a consensus rating of “Moderate Buy” and an average target price of $21.85.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, CEO Ross R. Bhappu acquired 74,000 shares of the stock in a transaction on Tuesday, July 7th. The shares were bought at an average cost of $13.08 per share, with a total value of $967,920.00. Following the transaction, the chief executive officer owned 256,583 shares of the company’s stock, valued at approximately $3,356,105.64. This trade represents a 40.53% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bruce D. Hansen acquired 4,000 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was acquired at an average price of $12.70 per share, for a total transaction of $50,800.00. Following the completion of the purchase, the director owned 313,844 shares of the company’s stock, valued at $3,985,818.80. This trade represents a 1.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.97% of the company’s stock.

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.