Public Employees Retirement System of Ohio Purchases 2,851 Shares of Energy Fuels Inc $UUUU

Public Employees Retirement System of Ohio increased its position in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 6.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,805 shares of the company’s stock after acquiring an additional 2,851 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Energy Fuels were worth $282,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Ballentine Partners LLC bought a new position in Energy Fuels in the 2nd quarter worth $84,000. Caitlin John LLC bought a new position in Energy Fuels in the 2nd quarter worth $124,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Energy Fuels during the 2nd quarter worth about $29,525,000. Baader Bank Aktiengesellschaft bought a new position in shares of Energy Fuels during the 2nd quarter worth about $236,000. Finally, Signal Advisors Wealth LLC bought a new position in shares of Energy Fuels during the 2nd quarter worth about $62,000. Institutional investors own 48.24% of the company’s stock.

Insider Activity

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $14.85, for a total value of $148,500.00. Following the transaction, the director directly owned 195,617 shares in the company, valued at $2,904,912.45. The trade was a 4.86% 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, VP Saleem Drera sold 266,595 shares of the business’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $11.01, for a total transaction of $2,935,210.95. Following the completion of the transaction, the vice president owned 24,474 shares in the company, valued at approximately $269,458.74. This trade represents a 91.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 618,724 shares of company stock valued at $6,782,959 in the last ninety days. 1.92% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on UUUU. B. Riley began coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They set a “buy” rating and a $9.00 price objective on the stock. Roth Capital downgraded shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 price objective on the stock. in a report on Friday, July 11th. Finally, HC Wainwright boosted their price objective on shares of Energy Fuels from $12.00 to $16.25 and gave the stock a “buy” rating in a report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels presently has a consensus rating of “Buy” and an average target price of $9.25.

Energy Fuels Stock Performance

Shares of Energy Fuels stock opened at $16.91 on Tuesday. The firm’s 50-day simple moving average is $12.18 and its 200-day simple moving average is $7.75. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $18.78. The firm has a market cap of $3.76 billion, a P/E ratio of -34.51 and a beta of 1.79.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its earnings results on Wednesday, August 6th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.06). Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The business had revenue of $4.21 million for the quarter. The company’s revenue for the quarter was up –51.7% compared to the same quarter last year. On average, equities analysts forecast that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

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.