Intact Investment Management Inc. Purchases 70,200 Shares of Energy Fuels Inc $UUUU

Key Points

• Intact Investment Management raised its stake in Energy Fuels by 90.9%, buying 70,200 shares to own 147,400 shares (about 0.06% of the company) valued at roughly $2.135 million.
• Company insiders have been net sellers recently—69,000 shares were sold in the last 90 days (about $1.36 million), leaving insiders with roughly 0.97% ownership.
• Financially the firm shows negative earnings and margins (last quarter EPS -$0.12, negative net margin ~130.6%), but analysts are constructive with an average target of $24.94 (three Buys, one Hold) and Goldman Sachs initiating coverage with a $30 target; the stock recently traded near $21.62 with a 1‑year range of $4.20–$27.90.

Intact Investment Management Inc. lifted its position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 90.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 147,400 shares of the company's stock after buying an additional 70,200 shares during the quarter. Intact Investment Management Inc. owned approximately 0.06% of Energy Fuels worth $2,135,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. TD Waterhouse Canada Inc. grew its position in shares of Energy Fuels by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 30,574 shares of the company's stock worth $442,000 after buying an additional 500 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in Energy Fuels by 18.8% during the third quarter. Ameritas Advisory Services LLC now owns 4,750 shares of the company's stock valued at $73,000 after purchasing an additional 750 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Energy Fuels by 10.3% during the third quarter. PNC Financial Services Group Inc. now owns 9,538 shares of the company's stock valued at $146,000 after purchasing an additional 889 shares in the last quarter. Principal Financial Group Inc. boosted its position in Energy Fuels by 6.7% during the third quarter. Principal Financial Group Inc. now owns 15,374 shares of the company's stock valued at $236,000 after purchasing an additional 962 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its position in Energy Fuels by 6.2% during the fourth quarter. Wealthfront Advisers LLC now owns 19,020 shares of the company's stock valued at $277,000 after purchasing an additional 1,114 shares in the last quarter. Institutional investors own 48.24% of the company's stock.

Energy Fuels Price Performance

Shares of UUUU stock opened at $21.62 on Tuesday. Energy Fuels Inc has a 1-year low of $4.20 and a 1-year high of $27.90. The stock's 50-day moving average is $19.75 and its 200 day moving average is $18.87. The company has a market cap of $5.13 billion, a P/E ratio of -56.89 and a beta of 1.52. The company has a debt-to-equity ratio of 0.99, a current ratio of 30.69 and a quick ratio of 28.34.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last released its quarterly earnings results on Friday, February 27th. The company reported ($0.12) EPS 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%. Research analysts predict that Energy Fuels Inc will post -0.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Energy Fuels news, Director Barbara Appelin Filas sold 5,000 shares of the 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 completion of the sale, the director directly owned 160,261 shares in the company, valued at approximately $3,126,692.11. This trade represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Dennis Lyle Higgs sold 6,000 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $20.64, for a total value of $123,840.00. Following the completion of the sale, the director owned 151,113 shares of the company's stock, valued at approximately $3,118,972.32. This trade represents a 3.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 69,000 shares of company stock valued at $1,361,200. 0.97% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

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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