CIBC Asset Management Inc Has $1.13 Million Stock Position in Energy Fuels Inc. (NYSE:UUUU)

CIBC Asset Management Inc increased its stake in Energy Fuels Inc. (NYSE:UUUUFree Report) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 156,631 shares of the company’s stock after purchasing an additional 5,916 shares during the period. CIBC Asset Management Inc owned approximately 0.10% of Energy Fuels worth $1,127,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MMCAP International Inc. SPC lifted its stake in Energy Fuels by 50.7% during the fourth quarter. MMCAP International Inc. SPC now owns 3,693,009 shares of the company’s stock worth $25,888,000 after purchasing an additional 1,242,546 shares during the last quarter. Alps Advisors Inc. lifted its position in shares of Energy Fuels by 16.1% during the 3rd quarter. Alps Advisors Inc. now owns 8,763,538 shares of the company’s stock worth $72,036,000 after buying an additional 1,212,972 shares during the last quarter. Ameriprise Financial Inc. boosted 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 buying an additional 1,009,007 shares in the last quarter. FMR LLC grew its position 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. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Energy Fuels by 7.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,368,888 shares of the company’s stock worth $67,498,000 after acquiring an additional 638,709 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Trading Down 3.4 %

Shares of NYSE UUUU opened at $5.94 on Monday. The firm has a 50 day simple moving average of $6.15. Energy Fuels Inc. has a 1 year low of $5.16 and a 1 year high of $9.02. The company has a market cap of $972.09 million, a price-to-earnings ratio of -84.86 and a beta of 1.65.

Energy Fuels (NYSE:UUUUGet Free Report) last released its quarterly earnings results on Friday, May 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, meeting 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 firm had revenue of $25.43 million during the quarter, compared to the consensus estimate of $26.25 million. Analysts predict that Energy Fuels Inc. will post -0.11 EPS for the current year.

Insider Buying and Selling

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the company’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $9.28, for a total value of $92,800.00. Following the sale, the director now owns 187,380 shares in the company, valued at approximately $1,738,886.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders purchased a total of 8,013 shares of company stock valued at $48,050 in the last three months. Insiders own 1.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on UUUU. Roth Mkm downgraded shares of Energy Fuels from a “buy” rating to a “neutral” rating and reduced their price target for the company from $6.50 to $6.25 in a research note on Wednesday, June 5th. Roth Capital lowered shares of Energy Fuels from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 5th. Finally, B. Riley began coverage on shares of Energy Fuels in a report on Thursday, April 18th. They set a “buy” rating and a $9.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $8.42.

Get Our Latest Analysis on Energy Fuels

Energy Fuels Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Energy Fuels (NYSE:UUUU)

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