Boundless Plain Holdings Ltd Makes New Investment in Energy Fuels Inc $UUUU

Boundless Plain Holdings Ltd purchased a new position in Energy Fuels Inc (NYSEAMERICAN:UUUU) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 109,769 shares of the company’s stock, valued at approximately $1,596,000. Energy Fuels makes up about 0.5% of Boundless Plain Holdings Ltd’s holdings, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in UUUU. Vanguard Group Inc. raised its holdings in shares of Energy Fuels by 50.6% in the third quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock worth $182,420,000 after buying an additional 3,991,202 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of 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 last quarter. Bank of America Corp DE raised its holdings in shares of 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 last quarter. BNP Paribas Financial Markets raised its holdings in shares of Energy Fuels by 530.6% during the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock worth $11,892,000 after purchasing an additional 1,740,183 shares during the last quarter. Finally, Capital Research Global Investors purchased a new position in shares of Energy Fuels during the third quarter worth $22,800,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on UUUU. The Goldman Sachs Group began coverage on shares of Energy Fuels in a report on Tuesday, February 10th. They set a “buy” rating and a $30.00 target price for the company. HC Wainwright raised their target price on shares of Energy Fuels from $27.25 to $29.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Roth Mkm reissued a “neutral” rating and set a $17.00 target price on shares of Energy Fuels in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $25.75.

Energy Fuels Trading Up 1.0%

Shares of Energy Fuels stock opened at $18.04 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59. The firm has a fifty day moving average price of $19.34 and a 200 day moving average price of $18.73. Energy Fuels Inc has a 1 year low of $4.74 and a 1 year high of $27.90. The stock has a market cap of $4.51 billion, a PE ratio of -62.21 and a beta of 1.52.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate 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 firm’s revenue for the quarter was up 112.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.13) EPS. Equities research analysts predict that Energy Fuels Inc will post -0.14 earnings per share for the current year.

Insider Activity

In related news, Director Dennis Lyle Higgs sold 6,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $20.64, for a total transaction of $123,840.00. Following the sale, the director owned 151,113 shares in the company, valued at approximately $3,118,972.32. This trade represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barbara Appelin Filas sold 5,000 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were 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 approximately $3,126,692.11. This represents a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 69,000 shares of company stock worth $1,361,200 in the last ninety days. Corporate insiders own 0.97% of the company’s stock.

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.