MMCAP International Inc. SPC Sells 1,149,000 Shares of Energy Fuels Inc $UUUU

MMCAP International Inc. SPC decreased its holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 75.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 364,925 shares of the company’s stock after selling 1,149,000 shares during the period. MMCAP International Inc. SPC’s holdings in Energy Fuels were worth $5,602,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in UUUU. Farther Finance Advisors LLC lifted its stake in Energy Fuels by 3,820.9% in 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. ORG Partners LLC increased its holdings in shares of Energy Fuels by 111.4% in the third 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 period. Strs Ohio bought a new stake in shares of Energy Fuels in the 3rd quarter valued at about $64,000. Ameritas Advisory Services LLC boosted its holdings in Energy Fuels by 18.8% during the 3rd quarter. Ameritas Advisory Services LLC now owns 4,750 shares of the company’s stock valued at $73,000 after acquiring an additional 750 shares during the period. Finally, SBI Securities Co. Ltd. grew its position in 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 acquiring an additional 1,344 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Energy Fuels Trading Down 2.8%

Shares of Energy Fuels stock opened at $21.35 on Monday. Energy Fuels Inc has a 12-month low of $3.20 and a 12-month high of $27.90. The company has a market cap of $5.07 billion, a P/E ratio of -43.57 and a beta of 1.45. The company’s fifty day simple moving average is $19.58 and its two-hundred day simple moving average is $16.78.

Insider Activity at Energy Fuels

In other Energy Fuels news, Director Alex G. Morrison sold 38,869 shares of Energy Fuels stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $14.32, for a total transaction of $556,604.08. Following the sale, the director directly 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 transaction 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 company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $14.93, for a total value of $889,738.42. Following the transaction, the executive vice president owned 107,435 shares in the company, valued at $1,604,004.55. This trade represents a 35.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 108,463 shares of company stock worth $1,590,243 over the last 90 days. 1.92% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Roth Mkm upgraded Energy Fuels from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $13.00 to $15.50 in a research report on Wednesday, January 28th. HC Wainwright reiterated a “buy” rating and set a $26.75 price target on shares of Energy Fuels in a report on Friday, January 9th. B. Riley Financial increased their price target on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Finally, The Goldman Sachs Group began coverage on shares of Energy Fuels in a research report on Tuesday, February 10th. They issued a “buy” rating and a $30.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.81.

Energy Fuels Company 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.