CenterBook Partners LP Buys Shares of 705,108 Energy Fuels Inc $UUUU

CenterBook Partners LP bought a new stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 705,108 shares of the company’s stock, valued at approximately $10,252,000.

A number of other institutional investors have also added to or reduced their stakes in UUUU. Vanguard Group Inc. increased its position in Energy Fuels by 50.6% during the 3rd quarter. Vanguard Group Inc. now owns 11,883,042 shares of the company’s stock valued at $182,420,000 after purchasing an additional 3,991,202 shares during the period. Van ECK Associates Corp increased its position in Energy Fuels by 35.4% during the 3rd quarter. Van ECK Associates Corp now owns 10,194,742 shares of the company’s stock valued at $156,489,000 after purchasing an additional 2,664,735 shares during the period. Bank of America Corp DE increased its position in Energy Fuels by 93.6% during the 2nd quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after purchasing an additional 2,111,466 shares during the period. BNP Paribas Financial Markets increased its position in Energy Fuels by 530.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company’s stock valued at $11,892,000 after purchasing an additional 1,740,183 shares during the period. Finally, Capital Research Global Investors bought a new stake in shares of Energy Fuels in the 3rd quarter valued at about $22,800,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on UUUU shares. Roth Mkm restated a “neutral” rating and issued a $17.00 price target on shares of Energy Fuels in a report on Monday, May 11th. The Goldman Sachs Group started coverage on shares of Energy Fuels in a report on Tuesday, February 10th. They issued a “buy” rating and a $30.00 price target on the stock. Finally, HC Wainwright raised their price target on shares of Energy Fuels from $27.25 to $29.00 and gave the company a “buy” rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $25.75.

Energy Fuels Price Performance

NYSEAMERICAN:UUUU opened at $15.03 on Monday. Energy Fuels Inc has a fifty-two week low of $5.24 and a fifty-two week high of $27.90. The stock has a market capitalization of $3.76 billion, a P/E ratio of -51.83 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51. The company’s 50-day simple moving average is $19.22 and its 200-day simple moving average is $18.88.

Energy Fuels (NYSEAMERICAN:UUUU) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Energy Fuels had a negative net margin of 83.26% and a negative return on equity of 10.23%. During the same quarter in the prior year, the firm earned ($0.13) earnings per share. The business’s revenue for the quarter was up 112.1% on a year-over-year basis. On average, equities analysts anticipate that Energy Fuels Inc will post -0.14 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, VP Daniel Kapostasy sold 15,000 shares of Energy Fuels stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $18.71, for a total value of $280,650.00. Following the completion of the sale, the vice president directly owned 30,486 shares in the company, valued at $570,393.06. This trade represents a 32.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dennis Lyle Higgs sold 6,000 shares of Energy Fuels stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $20.64, for a total transaction of $123,840.00. Following the completion of the sale, the director owned 151,113 shares of the company’s stock, valued at $3,118,972.32. This trade represents a 3.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 46,000 shares of company stock valued at $875,490 over the last quarter. 0.97% of the stock is owned by company insiders.

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.