Energy Fuels Inc $UUUU Stock Holdings Boosted by CIBC Asset Management Inc

CIBC Asset Management Inc boosted its position in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 18.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 195,122 shares of the company’s stock after buying an additional 30,591 shares during the quarter. CIBC Asset Management Inc’s holdings in Energy Fuels were worth $2,993,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of UUUU. AQR Capital Management LLC bought a new stake in shares of Energy Fuels during the first quarter valued at approximately $871,000. NewEdge Advisors LLC increased its position in Energy Fuels by 67.7% in the 1st quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock valued at $216,000 after acquiring an additional 23,356 shares during the period. Ballentine Partners LLC bought a new stake in Energy Fuels during the 2nd quarter valued at $84,000. Public Employees Retirement System of Ohio boosted its position in Energy Fuels by 6.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 48,805 shares of the company’s stock worth $282,000 after acquiring an additional 2,851 shares during the period. Finally, Signaturefd LLC grew its stake in shares of Energy Fuels by 119.8% in the second quarter. Signaturefd LLC now owns 9,163 shares of the company’s stock worth $53,000 after purchasing an additional 4,994 shares in the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Price Performance

Shares of UUUU opened at $24.16 on Wednesday. Energy Fuels Inc has a one year low of $3.20 and a one year high of $27.33. The company has a 50-day moving average of $16.93 and a two-hundred day moving average of $15.14. The stock has a market cap of $5.73 billion, a price-to-earnings ratio of -49.31 and a beta of 1.47.

Wall Street Analyst Weigh In

UUUU has been the subject of several research analyst reports. B. Riley upped their price objective on shares of Energy Fuels to $27.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Roth Mkm upgraded shares of Energy Fuels from a “sell” rating to a “neutral” rating and set a $15.50 price objective for the company in a report on Wednesday. Finally, HC Wainwright reissued a “buy” rating and set a $26.75 target price on shares of Energy Fuels in a report on Friday, January 9th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.08.

Insider Buying and Selling

In other news, CEO Mark Chalmers sold 150,000 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $15.60, for a total value of $2,340,000.00. Following the completion of the sale, the chief executive officer owned 911,343 shares of the company’s stock, valued at $14,216,950.80. This trade represents a 14.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Dennis Lyle Higgs sold 10,000 shares of Energy Fuels stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $14.39, for a total value of $143,900.00. Following the transaction, the director owned 167,964 shares in the company, valued at $2,417,001.96. This represents a 5.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 463,119 shares of company stock valued at $6,935,437. 1.92% of the stock is currently owned by company insiders.

Energy Fuels Profile

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.