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

JPMorgan Chase & Co. grew its holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 685.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 912,120 shares of the company’s stock after acquiring an additional 795,929 shares during the quarter. JPMorgan Chase & Co.’s holdings in Energy Fuels were worth $14,001,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in UUUU. 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. ORG Partners LLC increased its stake in Energy Fuels by 111.4% in the third quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock valued at $40,000 after purchasing an additional 1,270 shares during the last quarter. Fulcrum Asset Management LLP acquired a new stake in Energy Fuels during the third quarter worth approximately $40,000. US Bancorp DE raised its holdings in Energy Fuels by 2,100.6% during the third quarter. US Bancorp DE now owns 3,653 shares of the company’s stock worth $56,000 after purchasing an additional 3,487 shares in the last quarter. Finally, Strs Ohio purchased a new stake in shares of Energy Fuels during the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insider Activity at Energy Fuels

In related 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 value of $231,200.00. Following the completion of the sale, the vice president directly owned 112,415 shares in the company, valued at approximately $2,599,034.80. The trade was a 8.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Barbara Appelin Filas sold 5,000 shares of the business’s stock in a transaction 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 sale, the director directly owned 160,261 shares of the company’s stock, valued at $3,126,692.11. This represents a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 54,000 shares of company stock valued at $1,080,550 over the last three months. Insiders own 1.77% of the company’s stock.

Energy Fuels Trading Down 5.8%

Shares of UUUU stock opened at $17.66 on Friday. The company has a current ratio of 30.69, a quick ratio of 28.34 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of -46.47 and a beta of 1.42. The firm has a 50-day moving average price of $21.29 and a 200 day moving average price of $18.27. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its earnings results on Friday, February 27th. The company reported ($0.12) earnings per share (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%. Research analysts forecast that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UUUU has been the subject of several research analyst reports. Roth Mkm upgraded shares of Energy Fuels from a “sell” rating to a “neutral” rating and upped their price objective for the company from $13.00 to $15.50 in a research note on Wednesday, January 28th. B. Riley Financial boosted their price objective on shares of Energy Fuels to $27.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. The Goldman Sachs Group started coverage on Energy Fuels in a research report on Tuesday, February 10th. They set a “buy” rating and a $30.00 target price on the stock. Finally, HC Wainwright increased their target price on Energy Fuels from $26.75 to $27.25 and gave the stock a “buy” rating in a research note on Friday, February 27th. Three research 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 has an average rating of “Moderate Buy” and a consensus target price 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.