Energy Fuels Inc $UUUU Stock Position Raised by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC increased its stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 20.8% during the first quarter, HoldingsChannel.com reports. The fund owned 1,484,902 shares of the company’s stock after buying an additional 255,494 shares during the period. Energy Fuels makes up approximately 1.5% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 22nd biggest position. Goehring & Rozencwajg Associates LLC’s holdings in Energy Fuels were worth $27,099,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Harbour Investments Inc. lifted its holdings in shares of 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 purchasing an additional 741 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in Energy Fuels by 75.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company’s stock worth $25,000 after purchasing an additional 758 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in Energy Fuels during the 4th quarter worth about $27,000. State of Wyoming acquired a new stake in Energy Fuels during the 4th quarter worth about $34,000. Finally, EFG International AG purchased a new stake in Energy Fuels during the fourth quarter valued at about $36,000. 48.24% of the stock is owned by institutional investors and hedge funds.

Energy Fuels Price Performance

NYSEAMERICAN UUUU opened at $12.67 on Thursday. The company has a 50 day simple moving average of $16.32 and a 200-day simple moving average of $18.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of -43.69 and a beta of 1.49. Energy Fuels Inc has a 52-week low of $7.56 and a 52-week high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate 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%.The company had revenue of $35.84 million for the quarter. During the same period in the prior year, the company posted ($0.13) EPS. The business’s revenue for the quarter was up 112.1% compared to the same quarter last year. Equities research analysts predict that Energy Fuels Inc will post -0.14 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Bruce D. Hansen bought 4,000 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was bought at an average price of $12.70 per share, with a total value of $50,800.00. Following the purchase, the director directly owned 313,844 shares of the company’s stock, valued at approximately $3,985,818.80. This represents a 1.29% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Ross R. Bhappu bought 74,000 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were bought at an average cost of $13.08 per share, with a total value of $967,920.00. Following the purchase, the chief executive officer directly owned 256,583 shares in the company, valued at approximately $3,356,105.64. This trade represents a 40.53% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.97% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on UUUU shares. Roth Capital set a $16.00 target price on shares of Energy Fuels in a report on Thursday, June 25th. HC Wainwright restated a “buy” rating and issued a $29.00 price target on shares of Energy Fuels in a research report on Monday, June 22nd. Finally, The Goldman Sachs Group decreased 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. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels currently has an average rating of “Moderate Buy” and an average price target 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.