JPMorgan Chase & Co. Acquires 152,751 Shares of Energy Fuels Inc. (NYSE:UUUU)

JPMorgan Chase & Co. increased its holdings in Energy Fuels Inc. (NYSE:UUUU) by 217.3% in the third quarter, HoldingsChannel reports. The firm owned 223,061 shares of the company’s stock after purchasing an additional 152,751 shares during the period. JPMorgan Chase & Co.’s holdings in Energy Fuels were worth $1,225,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its stake in shares of Energy Fuels by 6.0% in the third quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock worth $161,000 after buying an additional 1,653 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Energy Fuels by 2.5% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,287 shares of the company’s stock worth $518,000 after acquiring an additional 2,309 shares during the period. FMR LLC lifted its position in Energy Fuels by 3.1% during the 3rd quarter. FMR LLC now owns 82,754 shares of the company’s stock worth $455,000 after acquiring an additional 2,520 shares during the last quarter. Vontobel Holding Ltd. boosted its holdings in Energy Fuels by 12.4% during the third quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock valued at $187,000 after acquiring an additional 3,752 shares during the period. Finally, Signaturefd LLC grew its position in shares of Energy Fuels by 261.7% in the third quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock valued at $33,000 after purchasing an additional 4,321 shares during the last quarter. 48.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UUUU has been the subject of several research analyst reports. Roth Mkm cut their price objective on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Monday, November 4th. HC Wainwright reiterated a “buy” rating and set a $11.00 price target on shares of Energy Fuels in a report on Wednesday, December 11th.

Insider Transactions at Energy Fuels

In other Energy Fuels news, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total transaction of $100,100.00. Following the completion of the sale, the director now directly owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. The trade was a 9.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Dennis Lyle Higgs sold 18,615 shares of the firm’s 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 transaction, the director now directly owns 291,422 shares in the company, valued at approximately $2,106,981.06. The trade was a 6.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is owned by company insiders.

Energy Fuels Trading Down 2.9 %

Shares of UUUU opened at $5.71 on Friday. The stock has a market cap of $1.13 billion, a PE ratio of -25.95 and a beta of 1.71. Energy Fuels Inc. has a 1 year low of $4.19 and a 1 year high of $8.21. The stock has a 50 day simple moving average of $5.96 and a 200-day simple moving average of $5.65.

Energy Fuels (NYSE:UUUU) last released its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. On average, sell-side analysts forecast that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Energy Fuels Company 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.