Energy Fuels Inc $UUUU Shares Bought by Bank of Montreal Can

Bank of Montreal Can raised its stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 11.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 613,750 shares of the company’s stock after acquiring an additional 61,218 shares during the period. Bank of Montreal Can’s holdings in Energy Fuels were worth $3,549,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CacheTech Inc. purchased a new position in shares of Energy Fuels during the first quarter worth $37,000. Adams Wealth Management purchased a new position in Energy Fuels during the 1st quarter valued at about $37,000. Bessemer Group Inc. boosted its holdings in Energy Fuels by 19,230.8% during the 2nd quarter. Bessemer Group Inc. now owns 7,539 shares of the company’s stock valued at $43,000 after acquiring an additional 7,500 shares during the period. Signaturefd LLC grew its position in Energy Fuels by 119.8% in the 2nd quarter. Signaturefd LLC now owns 9,163 shares of the company’s stock valued at $53,000 after acquiring an additional 4,994 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC purchased a new stake in Energy Fuels during the first quarter worth about $59,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Stock Down 4.9%

Shares of NYSEAMERICAN:UUUU opened at $15.68 on Wednesday. Energy Fuels Inc has a fifty-two week low of $3.20 and a fifty-two week high of $27.33. The firm’s 50 day moving average price is $17.31 and its 200 day moving average price is $10.68. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of -32.00 and a beta of 1.79.

Insider Activity

In other Energy Fuels news, VP Scott Bakken sold 4,629 shares of the firm’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $12.00, for a total value of $55,548.00. Following the sale, the vice president directly owned 108,817 shares in the company, valued at $1,305,804. This trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $14.85, for a total value of $148,500.00. Following the sale, the director directly owned 195,617 shares of the company’s stock, valued at $2,904,912.45. This trade represents a 4.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 368,724 shares of company stock worth $4,172,959. 1.77% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on UUUU. B. Riley began coverage on shares of Energy Fuels in a research note on Wednesday, July 23rd. They issued a “buy” rating and a $9.00 price objective for the company. HC Wainwright decreased their price target on shares of Energy Fuels to $26.75 and set a “buy” rating for the company in a research report on Tuesday, November 4th. Finally, Roth Capital downgraded shares of Energy Fuels from a “neutral” rating to a “sell” rating and boosted their price target for the stock from $7.25 to $11.50 in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Energy Fuels currently has an average rating of “Moderate Buy” and a consensus price target of $13.25.

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.