Energy Fuels Inc $UUUU Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 685.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 912,120 shares of the company’s stock after purchasing an additional 795,929 shares during the quarter. JPMorgan Chase & Co. owned 0.38% of Energy Fuels worth $14,001,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC grew its stake in shares of Energy Fuels by 18.8% in the third quarter. Ameritas Advisory Services LLC now owns 4,750 shares of the company’s stock valued at $73,000 after buying an additional 750 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Energy Fuels by 10.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,538 shares of the company’s stock worth $146,000 after acquiring an additional 889 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Energy Fuels by 6.7% during the 3rd quarter. Principal Financial Group Inc. now owns 15,374 shares of the company’s stock valued at $236,000 after acquiring an additional 962 shares during the period. Joel Isaacson & Co. LLC boosted its holdings in Energy Fuels by 11.9% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 11,321 shares of the company’s stock valued at $174,000 after acquiring an additional 1,200 shares during the period. Finally, Advisory Services Network LLC grew its position in Energy Fuels by 4.9% in the 3rd quarter. Advisory Services Network LLC now owns 26,139 shares of the company’s stock valued at $401,000 after acquiring an additional 1,228 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Energy Fuels news, VP Curtis Moore sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $23.12, for a total transaction of $231,200.00. Following the completion of the transaction, the vice president owned 112,415 shares in the company, valued at $2,599,034.80. The trade was a 8.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Barbara Appelin Filas sold 5,000 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $19.51, for a total transaction of $97,550.00. Following the completion of the sale, the director directly owned 160,261 shares in the company, valued at approximately $3,126,692.11. This represents a 3.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 54,000 shares of company stock worth $1,080,550. Insiders own 1.77% of the company’s stock.

Energy Fuels Price Performance

UUUU stock opened at $17.66 on Friday. The business’s 50-day moving average is $21.29 and its two-hundred day moving average is $18.27. The company has a debt-to-equity ratio of 0.99, a current ratio of 30.69 and a quick ratio of 28.34. The firm has a market capitalization of $4.19 billion, a P/E ratio of -46.47 and a beta of 1.42. Energy Fuels Inc has a 1 year low of $3.20 and a 1 year high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its quarterly earnings data on Friday, February 27th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.05). Energy Fuels had a negative return on equity of 13.15% and a negative net margin of 130.63%. Analysts anticipate that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on UUUU. HC Wainwright boosted their price target on shares of Energy Fuels from $26.75 to $27.25 and gave the stock a “buy” rating in a research note on Friday, February 27th. B. Riley Financial lifted 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. The Goldman Sachs Group assumed coverage on shares of Energy Fuels in a research note on Tuesday, February 10th. They set a “buy” rating and a $30.00 target price on the stock. Finally, Roth Mkm upgraded shares of Energy Fuels from a “sell” rating to a “neutral” rating and increased their target price for the stock from $13.00 to $15.50 in a report on Wednesday, January 28th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $24.94.

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.