TD Asset Management Inc. trimmed its holdings in Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) by 1.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 409,568 shares of the basic materials company’s stock after selling 6,213 shares during the quarter. TD Asset Management Inc. owned about 0.26% of Energy Fuels worth $2,467,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jump Financial LLC acquired a new position in Energy Fuels in the third quarter valued at approximately $640,000. Vontobel Holding Ltd. boosted its holdings in shares of Energy Fuels by 25.4% in the third quarter. Vontobel Holding Ltd. now owns 32,914 shares of the basic materials company’s stock valued at $201,000 after acquiring an additional 6,666 shares during the period. Ieq Capital LLC acquired a new stake in shares of Energy Fuels in the third quarter valued at approximately $78,000. Avidian Wealth Solutions LLC boosted its holdings in shares of Energy Fuels by 23.6% in the third quarter. Avidian Wealth Solutions LLC now owns 47,145 shares of the basic materials company’s stock valued at $289,000 after acquiring an additional 9,000 shares during the period. Finally, US Bancorp DE boosted its holdings in shares of Energy Fuels by 76.1% in the third quarter. US Bancorp DE now owns 5,780 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 2,497 shares during the period. 38.22% of the stock is owned by institutional investors and hedge funds.
UUUU opened at $7.16 on Tuesday. The business has a fifty day simple moving average of $6.81. The stock has a market capitalization of $1.13 billion, a PE ratio of -179.00 and a beta of 1.75. Energy Fuels Inc. has a 1 year low of $4.69 and a 1 year high of $11.00.
Energy Fuels (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) last announced its quarterly earnings results on Friday, November 4th. The basic materials company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03). Energy Fuels had a negative net margin of 77.50% and a negative return on equity of 16.74%. The firm had revenue of $2.93 million during the quarter, compared to analysts’ expectations of $1.00 million. Sell-side analysts anticipate that Energy Fuels Inc. will post -0.34 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. HC Wainwright decreased their price objective on Energy Fuels from $9.75 to $9.50 and set a “buy” rating for the company in a report on Tuesday, November 8th. Canaccord Genuity Group decreased their price objective on Energy Fuels from C$12.00 to C$11.50 in a report on Wednesday, November 16th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Energy Fuels has a consensus rating of “Moderate Buy” and a consensus price target of $11.33.
Insider Activity
In other news, Director Alex G. Morrison purchased 8,000 shares of the company’s stock in a transaction dated Thursday, December 8th. The stock was acquired at an average price of $6.03 per share, for a total transaction of $48,240.00. Following the completion of the transaction, the director now directly owns 150,159 shares in the company, valued at approximately $905,458.77. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 2.22% of the company’s stock.
About Energy Fuels
Energy Fuels, Inc is a mining development company, which engages in the exploration and evaluation of uranium and vanadium properties. The firm’s projects include Nichols Ranch, Alta Mesa, and White Mesa Mill. The company was founded by George E. L. Glasier and John David Mason on June 24, 1987 and is headquartered in Lakewood, CO.
www.ferroalloynet.com
