Cibc World Market Inc. Has $369,000 Holdings in Energy Fuels Inc $UUUU

Cibc World Market Inc. cut its holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 61.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,035 shares of the company’s stock after selling 38,415 shares during the period. Cibc World Market Inc.’s holdings in Energy Fuels were worth $369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its stake in Energy Fuels by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock valued at $52,918,000 after buying an additional 410,894 shares during the period. Bank of America Corp DE increased its stake in shares of Energy Fuels by 93.6% in the 2nd quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after acquiring an additional 2,111,466 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Energy Fuels by 11.4% during the 2nd quarter. Geode Capital Management LLC now owns 2,662,767 shares of the company’s stock valued at $15,318,000 after acquiring an additional 272,733 shares during the period. Vident Advisory LLC boosted its stake in Energy Fuels by 15.6% during the second quarter. Vident Advisory LLC now owns 2,391,055 shares of the company’s stock worth $13,749,000 after acquiring an additional 322,195 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Energy Fuels by 530.6% during the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock worth $11,892,000 after acquiring an additional 1,740,183 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insider Transactions at Energy Fuels

In related news, Director Alex G. Morrison sold 38,869 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $14.32, for a total transaction of $556,604.08. Following the completion of the sale, the director owned 110,878 shares in the company, valued at approximately $1,587,772.96. This trade represents a 25.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Timothy James Carstens sold 59,594 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $14.93, for a total value of $889,738.42. Following the completion of the transaction, the executive vice president owned 107,435 shares in the company, valued at approximately $1,604,004.55. The trade was a 35.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 123,463 shares of company stock worth $1,794,393 in the last ninety days. Company insiders own 1.77% of the company’s stock.

Energy Fuels Price Performance

Shares of UUUU stock opened at $21.97 on Friday. The firm has a 50-day moving average of $19.45 and a 200-day moving average of $16.60. Energy Fuels Inc has a one year low of $3.20 and a one year high of $27.90. The company has a market cap of $5.21 billion, a P/E ratio of -44.84 and a beta of 1.45.

Analyst Ratings Changes

Several analysts have recently commented on the company. Roth Mkm upgraded Energy Fuels from a “sell” rating to a “neutral” rating and raised their target price for the company from $13.00 to $15.50 in a research note on Wednesday, January 28th. The Goldman Sachs Group started coverage on Energy Fuels in a research note on Tuesday, February 10th. They issued a “buy” rating and a $30.00 price objective for the company. B. Riley Financial boosted their price objective on Energy Fuels to $27.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, HC Wainwright reiterated a “buy” rating and issued a $26.75 target price on shares of Energy Fuels in a report on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Energy Fuels currently has a consensus rating of “Moderate Buy” and an average target price of $24.81.

About Energy Fuels

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.