FIL Ltd Purchases New Stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

FIL Ltd acquired a new position in Energy Fuels Inc. (NYSEAMERICAN:UUUU) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 75,522 shares of the company’s stock, valued at approximately $387,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UUUU. AlphaMark Advisors LLC bought a new stake in Energy Fuels in the 4th quarter valued at about $25,000. Steward Partners Investment Advisory LLC raised its position in shares of Energy Fuels by 65.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock valued at $32,000 after purchasing an additional 2,442 shares during the period. Signaturefd LLC lifted its stake in shares of Energy Fuels by 48.5% during the 4th quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock valued at $46,000 after buying an additional 2,898 shares in the last quarter. Wealthspan Partners LLC bought a new position in Energy Fuels in the 4th quarter worth approximately $51,000. Finally, Motley Fool Wealth Management LLC purchased a new position in Energy Fuels in the 4th quarter valued at approximately $51,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Energy Fuels

In other Energy Fuels news, Director Bruce D. Hansen purchased 6,000 shares of Energy Fuels stock in a transaction on Wednesday, March 19th. The shares were acquired at an average cost of $4.25 per share, for a total transaction of $25,500.00. Following the completion of the transaction, the director now directly owns 295,239 shares of the company’s stock, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Daniel Kapostasy sold 12,350 shares of Energy Fuels stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $4.10, for a total transaction of $50,635.00. Following the transaction, the vice president now directly owns 57,705 shares in the company, valued at $236,590.50. This trade represents a 17.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is currently owned by insiders.

Energy Fuels Stock Performance

Shares of UUUU stock opened at $4.25 on Tuesday. The company has a market capitalization of $844.43 million, a PE ratio of -19.32 and a beta of 1.68. Energy Fuels Inc. has a 52-week low of $3.20 and a 52-week high of $7.47. The business’s fifty day moving average is $4.52 and its 200 day moving average is $5.42.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Roth Mkm upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 target price on the stock in a research report on Friday, February 28th. Roth Capital set a $5.75 price objective on Energy Fuels in a report on Friday, February 28th. Finally, HC Wainwright reduced their target price on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a report on Friday, February 28th.

Energy Fuels Company Profile

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.