OMERS ADMINISTRATION Corp Buys New Shares in Energy Fuels Inc $UUUU

Key Points

• OMERS Administration Corp made a significant investment in Energy Fuels Inc, acquiring 327,600 shares valued at around $1.22 million, representing 0.16% ownership of the company.
• Energy Fuels has received mixed ratings from analysts, with Roth Capital downgrading it to "neutral" with a $6.00 price target, while HC Wainwright maintains a "buy" rating with an increased price target of $12.00.
• Insider selling has taken place recently, with executives selling a total of 765,421 shares in the last three months, indicating potential fluctuations in insider confidence and stock performance.

OMERS ADMINISTRATION Corp purchased a new stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 327,600 shares of the company's stock, valued at approximately $1,222,000. OMERS ADMINISTRATION Corp owned 0.16% of Energy Fuels as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Cetera Investment Advisers grew its position in shares of Energy Fuels by 2.5% in the fourth quarter. Cetera Investment Advisers now owns 107,346 shares of the company's stock valued at $552,000 after purchasing an additional 2,640 shares during the period. Northwest & Ethical Investments L.P. raised its stake in Energy Fuels by 21.5% during the first quarter. Northwest & Ethical Investments L.P. now owns 16,536 shares of the company's stock worth $61,000 after purchasing an additional 2,924 shares during the period. Wealthspan Partners LLC raised its stake in Energy Fuels by 30.0% during the first quarter. Wealthspan Partners LLC now owns 13,000 shares of the company's stock worth $48,000 after purchasing an additional 3,000 shares during the period. Mariner LLC raised its stake in Energy Fuels by 27.5% during the fourth quarter. Mariner LLC now owns 14,735 shares of the company's stock worth $76,000 after purchasing an additional 3,179 shares during the period. Finally, Byrne Asset Management LLC raised its stake in shares of Energy Fuels by 114.6% in the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock valued at $29,000 after acquiring an additional 4,127 shares during the period. Institutional investors and hedge funds own 48.24% of the company's stock.

Energy Fuels Stock Performance

Energy Fuels stock traded down $0.21 during trading hours on Thursday, reaching $11.23. 6,625,647 shares of the stock were exchanged, compared to its average volume of 10,416,711. The stock has a market cap of $2.50 billion, a P/E ratio of -22.92 and a beta of 1.76. Energy Fuels Inc has a 52-week low of $3.20 and a 52-week high of $13.34. The firm's 50 day moving average is $8.89 and its 200 day moving average is $6.14.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06). The firm had revenue of $4.21 million for the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The firm's quarterly revenue was up –51.7% on a year-over-year basis. Equities research analysts expect that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

Insider Activity

In other Energy Fuels news, VP Saleem Drera sold 266,595 shares of the company's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $11.01, for a total transaction of $2,935,210.95. Following the completion of the transaction, the vice president owned 24,474 shares in the company, valued at approximately $269,458.74. This represents a 91.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy James Carstens sold 250,000 shares of the business's stock in a transaction dated Friday, August 8th. The stock was 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 represents a 48.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 784,336 shares of company stock worth $7,307,244 in the last 90 days. Corporate insiders own 1.92% of the company's stock.

Analysts Set New Price Targets

UUUU has been the subject of a number of research reports. B. Riley initiated coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 price objective for the company. Roth Capital cut shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target for the company. in a report on Friday, July 11th. Finally, HC Wainwright restated a "buy" rating and set a $12.00 price objective (up previously from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $8.19.

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.