Northwest & Ethical Investments L.P. Makes New Investment in Energy Fuels Inc. (NYSE:UUUU)

Northwest & Ethical Investments L.P. bought a new stake in Energy Fuels Inc. (NYSE:UUUU) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 9,704 shares of the company’s stock, valued at approximately $53,000.

A number of other large investors have also modified their holdings of UUUU. Bridgewater Associates LP increased its holdings in Energy Fuels by 8.8% during the 3rd quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock worth $9,094,000 after purchasing an additional 134,531 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Energy Fuels by 44.4% during the second quarter. Van ECK Associates Corp now owns 1,277,401 shares of the company’s stock worth $7,742,000 after buying an additional 392,862 shares in the last quarter. Goehring & Rozencwajg Associates LLC increased its stake in shares of Energy Fuels by 19.7% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,095,044 shares of the company’s stock worth $6,636,000 after buying an additional 179,900 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Energy Fuels by 14.6% in the second quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company’s stock valued at $143,000 after acquiring an additional 3,014 shares in the last quarter. Finally, Stanley Laman Group Ltd. boosted its stake in Energy Fuels by 65.2% during the 3rd quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company’s stock valued at $4,313,000 after acquiring an additional 309,958 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insiders Place Their Bets

In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of the company’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 transaction, the director now owns 291,422 shares in the company, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.92% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on UUUU. Roth Mkm reduced their price target on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a research report on Monday, November 4th. HC Wainwright upped their price objective on Energy Fuels from $10.75 to $11.00 and gave the company a “buy” rating in a research note on Monday, November 4th.

Energy Fuels Stock Up 6.8 %

Shares of NYSE:UUUU opened at $7.26 on Monday. The company has a market cap of $1.43 billion, a PE ratio of -33.00 and a beta of 1.60. Energy Fuels Inc. has a fifty-two week low of $4.19 and a fifty-two week high of $8.21. The firm has a 50-day simple moving average of $6.22 and a 200 day simple moving average of $5.80.

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

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.