AXQ Capital LP Invests $382,000 in Energy Fuels Inc $UUUU

AXQ Capital LP purchased a new position in Energy Fuels Inc (NYSEAMERICAN:UUUU) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,875 shares of the company’s stock, valued at approximately $382,000.

Other hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC purchased a new stake in shares of Energy Fuels during the first quarter valued at $871,000. NewEdge Advisors LLC raised its stake in Energy Fuels by 67.7% in the 1st quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock worth $216,000 after acquiring an additional 23,356 shares during the last quarter. CWM LLC lifted its position in Energy Fuels by 20.3% during the 2nd quarter. CWM LLC now owns 21,052 shares of the company’s stock worth $121,000 after acquiring an additional 3,551 shares during the period. D.A. Davidson & CO. grew its stake in Energy Fuels by 3.0% during the 2nd quarter. D.A. Davidson & CO. now owns 50,590 shares of the company’s stock valued at $291,000 after purchasing an additional 1,493 shares during the last quarter. Finally, Brookwood Investment Group LLC increased its holdings in shares of Energy Fuels by 53.4% in the second quarter. Brookwood Investment Group LLC now owns 28,591 shares of the company’s stock valued at $164,000 after purchasing an additional 9,950 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Trading Down 0.7%

Shares of Energy Fuels stock opened at $22.60 on Thursday. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $27.90. The firm has a market capitalization of $5.36 billion, a PE ratio of -46.12 and a beta of 1.45. The firm’s 50-day moving average price is $20.08 and its 200 day moving average price is $16.99.

Analysts Set New Price Targets

A number of equities research analysts recently commented on UUUU shares. HC Wainwright reiterated a “buy” rating and issued a $26.75 target price on shares of Energy Fuels in a research report on Friday, January 9th. The Goldman Sachs Group began coverage on shares of Energy Fuels in a research note on Tuesday, February 10th. They set a “buy” rating and a $30.00 price objective for the company. B. Riley Financial upped their price objective on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, Roth Mkm raised shares of Energy Fuels from a “sell” rating to a “neutral” rating and raised their target price for the stock from $13.00 to $15.50 in a report on Wednesday, January 28th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $24.81.

Insider Transactions at Energy Fuels

In other news, Director Alex G. Morrison sold 38,869 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $14.32, for a total transaction of $556,604.08. Following the transaction, the director owned 110,878 shares of the company’s stock, valued at approximately $1,587,772.96. The trade was a 25.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Timothy James Carstens sold 59,594 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $14.93, for a total transaction of $889,738.42. Following the completion of the transaction, the executive vice president owned 107,435 shares in the company, valued at $1,604,004.55. The trade was a 35.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.77% of the company’s stock.

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.