Mirae Asset Global Investments Co. Ltd. Acquires 638,709 Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Mirae Asset Global Investments Co. Ltd. grew its position in Energy Fuels Inc. (NYSEAMERICAN:UUUU - Free Report) TSE: EFR by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,368,888 shares of the basic materials company's stock after purchasing an additional 638,709 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 5.81% of Energy Fuels worth $67,498,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. McGlone Suttner Wealth Management Inc. bought a new position in Energy Fuels in the 4th quarter worth about $31,000. IFP Advisors Inc bought a new position in shares of Energy Fuels in the third quarter valued at approximately $51,000. Verition Fund Management LLC bought a new position in shares of Energy Fuels in the second quarter valued at approximately $62,000. Exchange Traded Concepts LLC bought a new position in shares of Energy Fuels in the third quarter valued at approximately $63,000. Finally, Avior Wealth Management LLC bought a new position in shares of Energy Fuels in the third quarter valued at approximately $64,000. Institutional investors own 48.24% of the company's stock.

Insiders Place Their Bets

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total value of $92,800.00. Following the completion of the sale, the director now owns 187,380 shares in the company, valued at approximately $1,738,886.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.30% of the company's stock.

Analyst Ratings Changes

Separately, Roth Mkm increased their price objective on shares of Energy Fuels from $9.25 to $10.50 and gave the company a "buy" rating in a report on Tuesday, January 23rd.

Energy Fuels Trading Down 1.2 %

Shares of NYSEAMERICAN:UUUU traded down $0.08 during mid-day trading on Friday, hitting $6.55. The stock had a trading volume of 2,919,284 shares, compared to its average volume of 2,638,055. The stock has a market capitalization of $1.06 billion, a P/E ratio of 10.40 and a beta of 1.53. Energy Fuels Inc. has a 12-month low of $4.99 and a 12-month high of $9.02. The firm's 50 day simple moving average is $6.87.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) TSE: EFR last released its earnings results on Friday, February 23rd. The basic materials company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.10). Energy Fuels had a negative return on equity of 7.97% and a net margin of 263.04%. The company had revenue of $0.47 million during the quarter, compared to analysts' expectations of $6.45 million. As a group, equities research analysts anticipate that Energy Fuels Inc. will post -0.19 EPS for the current fiscal year.

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.