U S Global Investors Inc acquired a new stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 350,000 shares of the basic materials company’s stock, valued at approximately $1,148,000. U S Global Investors Inc owned approximately 0.38% of Energy Fuels at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN grew its holdings in Energy Fuels by 417.8% in the 3rd quarter. Wells Fargo & Company MN now owns 46,440 shares of the basic materials company’s stock valued at $152,000 after buying an additional 37,472 shares in the last quarter. PEAK6 Investments LLC acquired a new stake in shares of Energy Fuels during the 3rd quarter worth $168,000. Rhumbline Advisers acquired a new stake in shares of Energy Fuels during the 2nd quarter worth $146,000. Schwab Charles Investment Management Inc. acquired a new stake in shares of Energy Fuels during the 2nd quarter worth $314,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Energy Fuels during the 2nd quarter worth $410,000.
In related news, Director Benjamin Eshleman III sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of $3.36, for a total transaction of $168,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
NYSEAMERICAN:UUUU opened at $3.18 on Wednesday. Energy Fuels Inc has a twelve month low of $1.49 and a twelve month high of $4.09.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last issued its quarterly earnings results on Monday, November 5th. The basic materials company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.11). The company had revenue of $0.45 million for the quarter, compared to analysts’ expectations of $2.65 million.
Several research firms have recently issued reports on UUUU. Zacks Investment Research lowered Energy Fuels from a “buy” rating to a “hold” rating in a report on Saturday, November 10th. TheStreet raised Energy Fuels from a “d” rating to a “c-” rating in a report on Monday, November 5th. Noble Financial reissued a “buy” rating on shares of Energy Fuels in a report on Thursday, November 8th. Finally, HC Wainwright set a $5.00 target price on Energy Fuels and gave the stock a “buy” rating in a report on Tuesday, November 6th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $3.83.
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Energy Fuels Company Profile
Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of uranium in the United States. It operates in two segments, Conventional Uranium and ISR Uranium. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah.
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