Private Advisor Group LLC Has $2.64 Million Stock Holdings in Energy Fuels Inc $UUUU

Private Advisor Group LLC raised its holdings in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 118.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 144,508 shares of the company’s stock after acquiring an additional 78,295 shares during the period. Private Advisor Group LLC’s holdings in Energy Fuels were worth $2,637,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbour Investments Inc. boosted its position in shares of Energy Fuels by 74.5% in the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock worth $25,000 after purchasing an additional 741 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Energy Fuels by 75.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock valued at $25,000 after purchasing an additional 758 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new position in Energy Fuels in the fourth quarter valued at about $27,000. State of Wyoming acquired a new position in Energy Fuels in the fourth quarter valued at about $34,000. Finally, EFG International AG bought a new position in Energy Fuels during the fourth quarter worth about $36,000. Institutional investors own 48.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UUUU. HC Wainwright restated a “buy” rating and set a $29.00 target price on shares of Energy Fuels in a research report on Monday, June 22nd. The Goldman Sachs Group reduced their price objective on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a research note on Friday, June 12th. Finally, Roth Capital set a $16.00 price objective on shares of Energy Fuels in a report on Thursday, June 25th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels currently has a consensus rating of “Moderate Buy” and an average price target of $23.25.

Insider Activity

In other Energy Fuels news, Director Bruce D. Hansen acquired 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 8th. The stock was acquired at an average cost of $12.70 per share, for a total transaction of $50,800.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ross R. Bhappu bought 74,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average cost of $13.08 per share, with a total value of $967,920.00. Following the completion of the purchase, the chief executive officer owned 256,583 shares in the company, valued at $3,356,105.64. This represents a 40.53% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.97% of the company’s stock.

Energy Fuels Stock Performance

Shares of Energy Fuels stock opened at $13.49 on Friday. The stock’s fifty day simple moving average is $16.99 and its 200 day simple moving average is $18.90. The company has a current ratio of 27.51, a quick ratio of 25.59 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $3.37 billion, a PE ratio of -46.52 and a beta of 1.49. Energy Fuels Inc has a 12 month low of $6.00 and a 12 month high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%. The business had revenue of $35.84 million during the quarter. During the same period last year, the firm posted ($0.13) earnings per share. The company’s revenue for the quarter was up 112.1% on a year-over-year basis. On average, research analysts predict that Energy Fuels Inc will post -0.14 EPS for the current year.

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.