BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Buys 22,916 Shares of Energy Fuels Inc $UUUU

Key Points

• BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in Energy Fuels Inc by 26.0%, owning approximately 111,071 shares worth $411,000 as of its latest SEC filing.
• Institutional investors collectively own 48.24% of Energy Fuels, with notable increases in holdings from firms like Alps Advisors Inc and Millennium Management LLC during recent quarters.
• Energy Fuels shares have shown significant price movement, featuring a 52-week low of $3.20 and a high of $13.34, with a current market capitalization of $2.74 billion.

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 26.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,071 shares of the company's stock after purchasing an additional 22,916 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned 0.06% of Energy Fuels worth $411,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of UUUU. Wells Fargo & Company MN increased its stake in Energy Fuels by 10.9% during the 4th quarter. Wells Fargo & Company MN now owns 225,227 shares of the company's stock valued at $1,155,000 after purchasing an additional 22,185 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in Energy Fuels during the 4th quarter worth $64,000. Invesco Ltd. boosted its holdings in Energy Fuels by 13.9% during the 4th quarter. Invesco Ltd. now owns 74,986 shares of the company's stock worth $385,000 after acquiring an additional 9,168 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Energy Fuels during the 4th quarter worth $280,000. Finally, Barclays PLC boosted its holdings in Energy Fuels by 5.1% during the 4th quarter. Barclays PLC now owns 432,976 shares of the company's stock worth $2,222,000 after acquiring an additional 20,839 shares during the last quarter. Institutional investors own 48.24% of the company's stock.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, VP Scott Bakken sold 4,629 shares of the company's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $12.00, for a total transaction of $55,548.00. Following the sale, the vice president directly owned 108,817 shares of the company's stock, valued at $1,305,804. This represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Timothy James Carstens sold 250,000 shares of the company's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $10.44, for a total transaction of $2,610,000.00. Following the sale, the executive vice president directly owned 267,029 shares in the company, valued at approximately $2,787,782.76. This trade represents a 48.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 765,421 shares of company stock valued at $7,061,271 in the last three months. 1.77% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on UUUU. 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. HC Wainwright reaffirmed a "buy" rating and set a $12.00 price objective (up from $10.00) on shares of Energy Fuels in a report on Friday, August 8th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Energy Fuels currently has a consensus rating of "Buy" and an average price target of $8.19.

Energy Fuels Trading Down 1.0%

Shares of NYSEAMERICAN:UUUU traded down $0.12 during midday trading on Friday, reaching $11.56. The company had a trading volume of 14,553,421 shares, compared to its average volume of 14,715,090. The company's 50 day moving average price is $8.54 and its 200 day moving average price is $6.01. The stock has a market cap of $2.57 billion, a P/E ratio of -23.59 and a beta of 1.71. Energy Fuels Inc has a 52-week low of $3.20 and a 52-week high of $13.34.

About Energy Fuels

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.