Louisbourg Investments Inc. Grows Stock Holdings in Energy Fuels Inc $UUUU

Louisbourg Investments Inc. lifted its position in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 11.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 339,500 shares of the company’s stock after purchasing an additional 35,300 shares during the quarter. Louisbourg Investments Inc.’s holdings in Energy Fuels were worth $6,213,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. TD Waterhouse Canada Inc. raised its holdings in shares of Energy Fuels by 1.7% during the 4th quarter. TD Waterhouse Canada Inc. now owns 30,574 shares of the company’s stock valued at $442,000 after buying an additional 500 shares in the last quarter. IFP Advisors Inc boosted its stake in Energy Fuels by 7.7% in the fourth quarter. IFP Advisors Inc now owns 7,173 shares of the company’s stock worth $104,000 after buying an additional 511 shares in the last quarter. Harbour Investments Inc. grew its position in Energy Fuels by 74.5% during the fourth quarter. Harbour Investments Inc. now owns 1,736 shares of the company’s stock valued at $25,000 after acquiring an additional 741 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Energy Fuels by 75.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock valued at $25,000 after acquiring an additional 758 shares during the last quarter. Finally, Xponance LLC raised its stake in shares of Energy Fuels by 4.7% during the fourth quarter. Xponance LLC now owns 17,752 shares of the company’s stock worth $258,000 after acquiring an additional 798 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Trading Up 1.4%

UUUU opened at $14.62 on Friday. The business has a 50 day simple moving average of $18.31 and a two-hundred day simple moving average of $18.92. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of -50.41 and a beta of 1.44. The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59. Energy Fuels Inc has a one year low of $5.45 and a one year high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its quarterly earnings data 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 return on equity of 10.23% and a negative net margin of 83.26%.During the same period in the prior year, the business earned ($0.13) earnings per share. The business’s revenue for the quarter was up 112.1% on a year-over-year basis. Analysts predict that Energy Fuels Inc will post -0.14 EPS for the current year.

Insider Buying and Selling

In related news, VP Daniel Kapostasy sold 15,000 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was 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 owned 30,486 shares of the company’s stock, valued at $570,393.06. This trade represents a 32.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.97% of the stock is owned by insiders.

Wall Street Analyst Weigh In

UUUU has been the subject of a number of research reports. The Goldman Sachs Group cut their price objective on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, June 12th. HC Wainwright reissued a “buy” rating and issued a $29.00 price target on shares of Energy Fuels in a research note on Monday, June 22nd. Finally, Roth Mkm set a $16.00 price target on shares of Energy Fuels in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $23.25.

Energy Fuels 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.