Motley Fool Wealth Management LLC Invests $70,000 in Energy Fuels Inc. (NYSE:UUUU)

Motley Fool Wealth Management LLC bought a new position in Energy Fuels Inc. (NYSE:UUUU) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,000 shares of the company’s stock, valued at approximately $70,000.

Several other large investors have also recently modified their holdings of UUUU. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Energy Fuels in the fourth quarter worth about $31,000. IFP Advisors Inc purchased a new position in Energy Fuels during the third quarter valued at approximately $51,000. Exchange Traded Concepts LLC purchased a new position in Energy Fuels during the third quarter valued at approximately $63,000. Avior Wealth Management LLC purchased a new position in Energy Fuels during the third quarter valued at approximately $64,000. Finally, HTLF Bank purchased a new position in Energy Fuels during the fourth quarter valued at approximately $93,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Analyst Ratings Changes

UUUU has been the subject of several recent analyst reports. B. Riley initiated coverage on shares of Energy Fuels in a research note on Thursday, April 18th. They set a “buy” rating and a $9.00 price objective for the company. Roth Mkm boosted their price objective on shares of Energy Fuels from $9.25 to $10.50 and gave the company a “buy” rating in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $9.83.

Energy Fuels Trading Up 0.7 %

Energy Fuels stock traded up $0.04 during mid-day trading on Friday, hitting $5.40. 3,165,265 shares of the company traded hands, compared to its average volume of 3,086,386. Energy Fuels Inc. has a one year low of $5.18 and a one year high of $9.02. The firm has a market capitalization of $883.71 million, a PE ratio of 8.56 and a beta of 1.53. The business’s fifty day moving average price is $6.75.

Energy Fuels (NYSE:UUUU) last announced its earnings results on Friday, February 23rd. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.10). The company had revenue of $0.47 million for the quarter, compared to the consensus estimate of $6.45 million. Energy Fuels had a net margin of 263.04% and a negative return on equity of 7.97%. As a group, sell-side analysts forecast that Energy Fuels Inc. will post -0.16 EPS for the current fiscal year.

Insider Transactions at Energy Fuels

In other news, Director J. Birks Bovaird sold 10,000 shares of the business’s 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 directly owns 187,380 shares in the company, valued at approximately $1,738,886.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 2.30% of the company’s stock.

Energy Fuels Profile

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.