Intact Investment Management Inc. Purchases Shares of 77,200 Energy Fuels Inc $UUUU

Intact Investment Management Inc. acquired a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 77,200 shares of the company’s stock, valued at approximately $1,186,000.

Several other large investors also recently made changes to their positions in the stock. AQR Capital Management LLC acquired a new position in Energy Fuels during the first quarter worth $871,000. NewEdge Advisors LLC grew its position in shares of Energy Fuels by 67.7% in the 1st quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock valued at $216,000 after acquiring an additional 23,356 shares during the period. Ballentine Partners LLC acquired a new position in shares of Energy Fuels during the 2nd quarter worth about $84,000. Public Employees Retirement System of Ohio increased its stake in shares of Energy Fuels by 6.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 48,805 shares of the company’s stock worth $282,000 after purchasing an additional 2,851 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Energy Fuels by 119.8% in the 2nd quarter. Signaturefd LLC now owns 9,163 shares of the company’s stock valued at $53,000 after purchasing an additional 4,994 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Stock Down 8.5%

Shares of NYSEAMERICAN:UUUU opened at $23.33 on Tuesday. Energy Fuels Inc has a 12-month low of $3.20 and a 12-month high of $27.33. The business has a 50 day moving average of $16.75 and a 200-day moving average of $15.01. The stock has a market cap of $5.54 billion, a PE ratio of -47.61 and a beta of 1.47.

Insider Buying and Selling

In related news, Director Dennis Lyle Higgs sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $14.39, for a total value of $143,900.00. Following the transaction, the director directly owned 167,964 shares in the company, valued at approximately $2,417,001.96. This represents a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Alex G. Morrison sold 38,869 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $14.32, for a total transaction of $556,604.08. Following the transaction, the director directly owned 110,878 shares in the company, valued at approximately $1,587,772.96. This represents a 25.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 463,119 shares of company stock valued at $6,935,437 in the last 90 days. 1.92% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

UUUU has been the topic of a number of recent analyst reports. B. Riley boosted their price target on Energy Fuels to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Roth Mkm set a $13.00 target price on Energy Fuels in a report on Thursday, January 15th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $26.75 price target on shares of Energy Fuels in a report on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $22.25.

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.