International Assets Investment Management LLC Raises Stock Holdings in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

International Assets Investment Management LLC raised its position in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSE:EFR) by 139.9% during the 4th quarter, Holdings Channel reports. The fund owned 28,221 shares of the basic materials company’s stock after purchasing an additional 16,456 shares during the period. International Assets Investment Management LLC’s holdings in Energy Fuels were worth $2,030,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. McGlone Suttner Wealth Management Inc. bought a new position in shares of Energy Fuels during the 4th quarter valued at approximately $31,000. IFP Advisors Inc bought a new position in shares of Energy Fuels during the 3rd quarter valued at approximately $51,000. Avior Wealth Management LLC bought a new position in shares of Energy Fuels during the 3rd quarter valued at approximately $64,000. Exchange Traded Concepts LLC bought a new position in shares of Energy Fuels during the 3rd quarter valued at approximately $63,000. Finally, XTX Topco Ltd bought a new position in shares of Energy Fuels during the 1st quarter valued at approximately $99,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Stock Down 0.2 %

Shares of Energy Fuels stock opened at $5.84 on Friday. The firm has a fifty day simple moving average of $6.87. The company has a market cap of $941.82 million, a P/E ratio of 9.27 and a beta of 1.53. Energy Fuels Inc. has a 52 week low of $4.99 and a 52 week high of $9.02.

Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last issued its earnings results on Friday, February 23rd. The basic materials company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.10). Energy Fuels had a negative return on equity of 7.97% and a net margin of 263.04%. The firm had revenue of $0.47 million during the quarter, compared to analysts’ expectations of $6.45 million. On average, equities analysts anticipate that Energy Fuels Inc. will post -0.19 EPS for the current year.

Analyst Ratings Changes

UUUU has been the topic of several research analyst reports. Roth Mkm upped their price objective on Energy Fuels from $9.25 to $10.50 and gave the company a “buy” rating in a research report on Tuesday, January 23rd. B. Riley initiated coverage on Energy Fuels in a research report on Thursday. They issued a “buy” rating and a $9.00 price objective on the stock. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $9.83.

Insiders Place Their Bets

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the company’s stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $9.28, for a total value of $92,800.00. Following the completion of the sale, the director now directly owns 187,380 shares in the company, valued at approximately $1,738,886.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.30% of the company’s stock.

About Energy Fuels

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.