The Manufacturers Life Insurance Company Has $4.97 Million Stock Holdings in Energy Fuels Inc. (NYSE:UUUU)

The Manufacturers Life Insurance Company raised its stake in Energy Fuels Inc. (NYSE:UUUU) by 233.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 904,190 shares of the company’s stock after purchasing an additional 632,713 shares during the period. The Manufacturers Life Insurance Company owned 0.47% of Energy Fuels worth $4,966,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Energy Fuels by 1.4% in the first quarter. Vanguard Group Inc. now owns 6,014,689 shares of the company’s stock valued at $37,832,000 after acquiring an additional 82,766 shares during the period. Van ECK Associates Corp boosted its holdings in Energy Fuels by 84.8% in the 3rd quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock valued at $12,961,000 after purchasing an additional 1,083,480 shares during the period. Goehring & Rozencwajg Associates LLC grew its position in shares of Energy Fuels by 19.7% during the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 1,095,044 shares of the company’s stock worth $6,636,000 after purchasing an additional 179,900 shares in the last quarter. Azarias Capital Management L.P. increased its holdings in shares of Energy Fuels by 11.1% during the second quarter. Azarias Capital Management L.P. now owns 870,521 shares of the company’s stock worth $5,275,000 after purchasing an additional 86,920 shares during the period. Finally, Stanley Laman Group Ltd. raised its position in shares of Energy Fuels by 65.2% in the third quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company’s stock valued at $4,313,000 after buying an additional 309,958 shares in the last quarter. 48.24% of the stock is owned by institutional investors.

Energy Fuels Stock Performance

Shares of UUUU opened at $6.70 on Friday. Energy Fuels Inc. has a 52-week low of $4.19 and a 52-week high of $8.21. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of -30.43 and a beta of 1.64. The business’s fifty day moving average is $6.36 and its 200-day moving average is $5.82.

Energy Fuels (NYSE:UUUU) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. The company had revenue of $4.05 million for the quarter, compared to analyst estimates of $5.10 million. As a group, research analysts forecast that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Insider Transactions at Energy Fuels

In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the sale, the director now owns 291,422 shares of the company’s stock, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on UUUU shares. HC Wainwright increased their price target on Energy Fuels from $10.75 to $11.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Roth Mkm reduced their target price on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a report on Monday, November 4th.

Energy Fuels Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.