Azarias Capital Management L.P. Sells 33,000 Shares of Energy Fuels Inc. (NYSE:UUUU)

Azarias Capital Management L.P. decreased its stake in shares of Energy Fuels Inc. (NYSE:UUUU) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 783,601 shares of the company’s stock after selling 33,000 shares during the period. Energy Fuels makes up about 2.1% of Azarias Capital Management L.P.’s investment portfolio, making the stock its 21st largest holding. Azarias Capital Management L.P.’s holdings in Energy Fuels were worth $4,929,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in UUUU. MMCAP International Inc. SPC lifted its stake in Energy Fuels by 50.7% in the fourth quarter. MMCAP International Inc. SPC now owns 3,693,009 shares of the company’s stock valued at $25,888,000 after acquiring an additional 1,242,546 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Energy Fuels by 17.2% in the third quarter. Ameriprise Financial Inc. now owns 6,879,065 shares of the company’s stock valued at $56,546,000 after acquiring an additional 1,009,007 shares during the last quarter. FMR LLC lifted its stake in Energy Fuels by 1,084.9% in the third quarter. FMR LLC now owns 955,209 shares of the company’s stock valued at $7,848,000 after acquiring an additional 874,593 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Energy Fuels by 7.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,368,888 shares of the company’s stock valued at $67,498,000 after acquiring an additional 638,709 shares during the last quarter. Finally, Fielder Capital Group LLC acquired a new stake in Energy Fuels in the fourth quarter valued at $1,772,000. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Price Performance

Shares of NYSE UUUU traded up $0.01 during mid-day trading on Thursday, reaching $5.92. 1,883,743 shares of the company were exchanged, compared to its average volume of 2,782,434. Energy Fuels Inc. has a twelve month low of $5.16 and a twelve month high of $9.02. The firm’s 50-day moving average is $6.12. The company has a market capitalization of $954.72 million, a PE ratio of -84.56 and a beta of 1.61.

Energy Fuels (NYSE:UUUU) last issued its quarterly earnings data on Friday, May 3rd. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. Energy Fuels had a negative net margin of 24.83% and a negative return on equity of 6.27%. The business had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $26.25 million. As a group, analysts expect that Energy Fuels Inc. will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UUUU has been the subject of a number of recent analyst reports. Roth Mkm cut shares of Energy Fuels from a “buy” rating to a “neutral” rating and cut their price target for the company from $6.50 to $6.25 in a research note on Wednesday, June 5th. Roth Capital cut shares of Energy Fuels from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 5th. HC Wainwright raised their target price on shares of Energy Fuels from $10.00 to $10.75 and gave the stock a “buy” rating in a research note on Wednesday, June 12th. Finally, B. Riley began coverage on shares of Energy Fuels in a research note on Thursday, April 18th. They set a “buy” rating and a $9.00 target price for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $8.67.

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.