Intact Investment Management Inc. Takes $1.19 Million Position in Energy Fuels Inc $UUUU

Intact Investment Management Inc. purchased a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) in the third quarter, HoldingsChannel.com reports. The fund purchased 77,200 shares of the company’s stock, valued at approximately $1,186,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its stake in Energy Fuels by 3,820.9% during the third 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. SBI Securities Co. Ltd. raised its holdings in shares of Energy Fuels by 27.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock worth $36,000 after buying an additional 1,344 shares in the last quarter. ORG Partners LLC lifted its position in shares of Energy Fuels by 111.4% during the 3rd 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 last quarter. Bessemer Group Inc. boosted its stake in Energy Fuels by 19,230.8% in the second quarter. Bessemer Group Inc. now owns 7,539 shares of the company’s stock valued at $43,000 after buying an additional 7,500 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in Energy Fuels by 38.4% in the second quarter. Steward Partners Investment Advisory LLC now owns 8,527 shares of the company’s stock valued at $49,000 after buying an additional 2,368 shares in the last quarter. 48.24% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. HC Wainwright reissued a “buy” rating and set a $26.75 target price on shares of Energy Fuels in a research note on Friday, January 9th. B. Riley upped their price objective on shares of Energy Fuels to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Finally, Roth Mkm set a $13.00 target price on shares of Energy Fuels in a research report on Thursday, January 15th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Energy Fuels presently has a consensus rating of “Hold” and an average target price of $22.25.

Energy Fuels Price Performance

Energy Fuels stock opened at $23.33 on Tuesday. The business has a 50 day moving average of $16.75 and a 200-day moving average of $15.01. Energy Fuels Inc has a 1 year low of $3.20 and a 1 year high of $27.33. The company has a market capitalization of $5.54 billion, a P/E ratio of -47.61 and a beta of 1.47.

Insider Transactions at Energy Fuels

In related news, CEO Mark Chalmers sold 150,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $15.60, for a total value of $2,340,000.00. Following the sale, the chief executive officer owned 911,343 shares of the company’s stock, valued at $14,216,950.80. The trade was a 14.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Timothy James Carstens sold 100,000 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $14.27, for a total value of $1,427,000.00. Following the transaction, the executive vice president directly owned 167,029 shares of the company’s stock, valued at approximately $2,383,503.83. This represents a 37.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 463,119 shares of company stock worth $6,935,437. 1.92% of the stock is currently owned by insiders.

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.