Northwest & Ethical Investments L.P. Takes $53,000 Position in Energy Fuels Inc. (NYSE:UUUU)

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

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Eastern Bank purchased a new position in shares of Energy Fuels in the 3rd quarter valued at approximately $27,000. Lynx Investment Advisory purchased a new position in Energy Fuels in the 2nd quarter valued at $30,000. Ashton Thomas Private Wealth LLC purchased a new position in Energy Fuels in the 2nd quarter valued at $31,000. Signaturefd LLC increased its stake in Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock valued at $33,000 after buying an additional 4,321 shares during the period. Finally, Creative Planning purchased a new position in Energy Fuels during the 3rd quarter worth $57,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Energy Fuels Price Performance

UUUU stock opened at $7.26 on Monday. The company’s 50 day simple moving average is $6.22 and its 200-day simple moving average is $5.80. The firm has a market capitalization of $1.43 billion, a PE ratio of -33.00 and a beta of 1.60. Energy Fuels Inc. has a 12 month low of $4.19 and a 12 month high of $8.21.

Energy Fuels (NYSE:UUUU) last released 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 firm had revenue of $4.05 million during the quarter, compared to analysts’ expectations of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. As a group, sell-side analysts anticipate that Energy Fuels Inc. will post -0.1 earnings per share for the current year.

Insider Activity

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 stock was sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the sale, the director now directly owns 291,422 shares in the company, valued at $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.92% of the company’s stock.

Energy Fuels 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.