Louisbourg Investments Inc. Invests $4.41 Million in Energy Fuels Inc $UUUU

Key Points

• Louisbourg Investments bought 304,200 shares (about 0.13% of the company) of Energy Fuels (UUUU) in Q4, a new stake valued at roughly $4.41 million.
• Analyst sentiment has turned positive with several upgrades—three Buys and one Hold—giving a consensus rating of "Moderate Buy" and an average price target of $24.94.
• Energy Fuels reported quarterly EPS of ($0.12) (missing estimates) and insiders have sold 54,000 shares (~$1.08 million) over the past 90 days, with insiders owning 1.77% of the stock.

Louisbourg Investments Inc. purchased a new stake in Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 304,200 shares of the company's stock, valued at approximately $4,412,000. Louisbourg Investments Inc. owned about 0.13% of Energy Fuels at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its position in Energy Fuels by 3,820.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company's stock worth $26,000 after purchasing an additional 1,643 shares during the last quarter. ORG Partners LLC boosted its stake in shares of Energy Fuels by 111.4% during the third quarter. ORG Partners LLC now owns 2,410 shares of the company's stock worth $40,000 after buying an additional 1,270 shares during the period. Fulcrum Asset Management LLP acquired a new stake in shares of Energy Fuels during the third quarter worth about $40,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Energy Fuels by 38.4% during the second 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 during the last quarter. Finally, US Bancorp DE grew its holdings in shares of Energy Fuels by 2,100.6% during the third quarter. US Bancorp DE now owns 3,653 shares of the company's stock worth $56,000 after buying an additional 3,487 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company's stock.

Wall Street Analysts Forecast Growth

UUUU has been the subject of several analyst reports. 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 price objective for the company. HC Wainwright lifted their target price on Energy Fuels from $26.75 to $27.25 and gave the company a "buy" rating in a research note on Friday, February 27th. Roth Mkm raised Energy Fuels from a "sell" rating to a "neutral" rating and boosted their target price for the company from $13.00 to $15.50 in a report on Wednesday, January 28th. Finally, B. Riley Financial upped their price target on Energy Fuels to $27.00 and gave the stock a "buy" rating in a research note on Tuesday, January 20th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels presently has an average rating of "Moderate Buy" and a consensus target price of $24.94.

Insiders Place Their Bets

In related news, Director Dennis Lyle Higgs sold 8,000 shares of Energy Fuels stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $19.62, for a total value of $156,960.00. Following the sale, the director directly owned 157,113 shares in the company, valued at $3,082,557.06. The trade was a 4.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Curtis Moore sold 10,000 shares of the company's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $23.12, for a total value of $231,200.00. Following the transaction, the vice president directly owned 112,415 shares in the company, valued at $2,599,034.80. This represents a 8.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 54,000 shares of company stock worth $1,080,550. Company insiders own 1.77% of the company's stock.

Energy Fuels Stock Down 1.1%

Shares of NYSEAMERICAN:UUUU opened at $17.75 on Friday. Energy Fuels Inc has a fifty-two week low of $3.20 and a fifty-two week high of $27.90. 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 firm's 50-day simple moving average is $20.76 and its 200-day simple moving average is $18.45. The company has a market cap of $4.21 billion, a price-to-earnings ratio of -46.71 and a beta of 1.47.

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