Stanley Laman Group Ltd. Cuts Stock Position in Energy Fuels Inc $UUUU

Stanley Laman Group Ltd. cut its holdings in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 26.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 327,265 shares of the company’s stock after selling 117,855 shares during the period. Stanley Laman Group Ltd. owned about 0.14% of Energy Fuels worth $4,758,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Energy Fuels by 11.5% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,246,295 shares of the company’s stock worth $188,085,000 after purchasing an additional 1,264,050 shares during the period. Vanguard Group Inc. increased its stake in Energy Fuels by 50.6% during the third quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock worth $182,420,000 after purchasing an additional 3,991,202 shares during the period. Van ECK Associates Corp increased its stake in Energy Fuels by 35.4% during the third quarter. Van ECK Associates Corp now owns 10,194,742 shares of the company’s stock worth $156,489,000 after purchasing an additional 2,664,735 shares during the period. Ameriprise Financial Inc. increased its stake in Energy Fuels by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock worth $52,918,000 after purchasing an additional 410,894 shares during the period. Finally, Bank of America Corp DE increased its stake in Energy Fuels by 93.6% during the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock worth $25,105,000 after purchasing an additional 2,111,466 shares during the period. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Price Performance

UUUU stock opened at $18.40 on Monday. The company’s 50 day moving average price is $19.96 and its 200 day moving average price is $18.63. The company has a debt-to-equity ratio of 0.99, a quick ratio of 28.34 and a current ratio of 30.69. Energy Fuels Inc has a fifty-two week low of $3.79 and a fifty-two week high of $27.90. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of -48.42 and a beta of 1.47.

Energy Fuels (NYSEAMERICAN:UUUU) last released its earnings results on Friday, February 27th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates 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%. On average, equities research analysts anticipate that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, VP Curtis Moore sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $23.12, for a total transaction of $231,200.00. Following the sale, the vice president directly owned 112,415 shares in the company, valued at approximately $2,599,034.80. This represents a 8.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Barbara Appelin Filas sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $19.51, for a total transaction of $97,550.00. Following the sale, the director owned 160,261 shares in the company, valued at $3,126,692.11. The trade was a 3.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 54,000 shares of company stock valued at $1,080,550 over the last three months. 1.92% of the stock is currently owned by corporate insiders.

Energy Fuels 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.