Capital Research Global Investors Buys New Position in Energy Fuels Inc $UUUU

Key Points

• Capital Research Global Investors bought a new stake of 1,485,310 shares of Energy Fuels (UUUU) in Q3, valued at about $22.8 million
• Analyst sentiment has turned more bullish—Goldman Sachs, B. Riley and HC Wainwright have issued or raised buy ratings, leaving the stock with a "Moderate Buy" consensus and an average target of about $24.94.
• Insiders have been net sellers (67,869 shares sold in the last 90 days, including director sales on March 9), institutional ownership is about 48.24%, and the stock trades near $19.82 with a 52‑week range of $3.20–$27.90.

Capital Research Global Investors bought a new stake in Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 1,485,310 shares of the company's stock, valued at approximately $22,800,000. Capital Research Global Investors owned approximately 0.64% of Energy Fuels at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its stake in shares of Energy Fuels by 3,820.9% in the third quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company's stock valued at $26,000 after purchasing an additional 1,643 shares during the period. SBI Securities Co. Ltd. increased its stake in Energy Fuels by 27.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company's stock worth $36,000 after buying an additional 1,344 shares during the period. ORG Partners LLC lifted its holdings in Energy Fuels by 111.4% during the 3rd quarter. ORG Partners LLC now owns 2,410 shares of the company's stock worth $40,000 after buying an additional 1,270 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Energy Fuels by 38.4% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 8,527 shares of the company's stock worth $49,000 after buying an additional 2,368 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Energy Fuels by 27.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 8,649 shares of the company's stock valued at $50,000 after buying an additional 1,844 shares during the period. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UUUU has been the topic of a number of recent research reports. Roth Mkm raised Energy Fuels from a "sell" rating to a "neutral" rating and upped their price objective for the stock from $13.00 to $15.50 in a research report on Wednesday, January 28th. B. Riley Financial lifted their target price on Energy Fuels to $27.00 and gave the company a "buy" rating in a report on Tuesday, January 20th. The Goldman Sachs Group initiated coverage on Energy Fuels in a research note on Tuesday, February 10th. They set a "buy" rating and a $30.00 target price for the company. Finally, HC Wainwright upped their price target on Energy Fuels from $26.75 to $27.25 and gave the stock a "buy" rating in a report on Friday, February 27th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $24.94.

Insiders Place Their Bets

In other Energy Fuels news, Director Dennis Lyle Higgs sold 8,000 shares of Energy Fuels stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $19.62, for a total transaction of $156,960.00. Following the completion of the sale, the director directly owned 157,113 shares of the company's stock, valued at $3,082,557.06. The trade was a 4.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Barbara Appelin Filas sold 5,000 shares of the company's stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $19.51, for a total value of $97,550.00. Following the transaction, the director directly owned 160,261 shares of the company's stock, valued at approximately $3,126,692.11. This represents a 3.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 67,869 shares of company stock worth $1,166,154. 1.77% of the stock is owned by corporate insiders.

Energy Fuels Trading Down 1.2%

NYSEAMERICAN UUUU opened at $19.82 on Friday. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $27.90. The firm has a 50 day moving average of $21.42 and a two-hundred day moving average of $17.80. The company has a quick ratio of 28.34, a current ratio of 30.69 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $4.70 billion, a PE ratio of -52.16 and a beta of 1.42.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last announced its quarterly earnings data on Friday, February 27th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.05). Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. As a group, research analysts expect that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

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.

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