D.A. Davidson & CO. Purchases 1,493 Shares of Energy Fuels Inc $UUUU

D.A. Davidson & CO. boosted its position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 3.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,590 shares of the company’s stock after buying an additional 1,493 shares during the quarter. D.A. Davidson & CO.’s holdings in Energy Fuels were worth $291,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Energy Fuels by 26.0% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 111,071 shares of the company’s stock worth $411,000 after purchasing an additional 22,916 shares in the last quarter. Alps Advisors Inc. raised its holdings in Energy Fuels by 29.0% in the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company’s stock worth $59,433,000 after purchasing an additional 3,584,798 shares in the last quarter. Vident Advisory LLC raised its holdings in Energy Fuels by 22.8% in the 1st quarter. Vident Advisory LLC now owns 2,068,860 shares of the company’s stock worth $7,717,000 after purchasing an additional 384,257 shares in the last quarter. Sound Income Strategies LLC bought a new position in Energy Fuels in the 2nd quarter worth $114,000. Finally, Caitlin John LLC bought a new position in Energy Fuels in the 2nd quarter worth $124,000. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Price Performance

Energy Fuels stock opened at $21.82 on Friday. The stock has a market cap of $5.03 billion, a P/E ratio of -44.53 and a beta of 1.79. Energy Fuels Inc has a 1 year low of $3.20 and a 1 year high of $27.33. The firm’s 50 day moving average price is $16.44 and its 200-day moving average price is $9.91.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.06). The company had revenue of $4.21 million for the quarter. Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The company’s revenue was up –51.7% on a year-over-year basis. As a group, equities analysts expect that Energy Fuels Inc will post -0.1 EPS for the current year.

Insider Buying and Selling at Energy Fuels

In related news, Director Dennis Lyle Higgs sold 20,000 shares of the firm’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $11.79, for a total value of $235,800.00. Following the completion of the transaction, the director directly owned 256,381 shares of the company’s stock, valued at approximately $3,022,731.99. This trade represents a 7.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $14.85, for a total transaction of $148,500.00. Following the completion of the transaction, the director directly owned 195,617 shares of the company’s stock, valued at approximately $2,904,912.45. This trade represents a 4.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 618,724 shares of company stock valued at $6,782,959. 1.77% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Roth Capital lowered shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 price objective for the company. in a report on Friday, July 11th. B. Riley assumed coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a “buy” rating and a $9.00 price objective for the company. Finally, HC Wainwright upped their price objective on shares of Energy Fuels from $16.25 to $27.50 and gave the stock a “buy” rating in a report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $12.06.

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.