Synergy Asset Management LLC Takes $127,000 Position in Energy Fuels Inc. (NYSE:UUUU)

Synergy Asset Management LLC acquired a new position in Energy Fuels Inc. (NYSE:UUUU) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 22,446 shares of the company’s stock, valued at approximately $127,000.

Several other large investors also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets increased its stake in Energy Fuels by 6.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock worth $161,000 after acquiring an additional 1,653 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Energy Fuels by 2.5% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,287 shares of the company’s stock valued at $518,000 after purchasing an additional 2,309 shares in the last quarter. FMR LLC raised its stake in Energy Fuels by 3.1% in the third quarter. FMR LLC now owns 82,754 shares of the company’s stock valued at $455,000 after purchasing an additional 2,520 shares in the last quarter. Vontobel Holding Ltd. grew its stake in Energy Fuels by 12.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock worth $187,000 after buying an additional 3,752 shares in the last quarter. Finally, Signaturefd LLC grew its stake in Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after buying an additional 4,321 shares in the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Stock Performance

UUUU stock opened at $5.54 on Friday. The firm has a market cap of $1.09 billion, a P/E ratio of -25.18 and a beta of 1.71. The firm’s fifty day moving average is $5.82 and its 200 day moving average is $5.62. Energy Fuels Inc. has a 52 week low of $4.19 and a 52 week high of $8.21.

Energy Fuels (NYSE:UUUU) last posted its quarterly earnings results on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. As a group, analysts forecast that Energy Fuels Inc. will post -0.1 EPS for the current year.

Insider Activity

In related news, Director Dennis Lyle Higgs sold 18,615 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $7.23, for a total value of $134,586.45. Following the sale, the director now directly owns 291,422 shares of the company’s stock, valued at $2,106,981.06. This trade represents a 6.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director J. Birks Bovaird sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total value of $54,400.00. Following the transaction, the director now directly owns 178,380 shares of the company’s stock, valued at $970,387.20. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,115 shares of company stock valued at $289,086. Insiders own 1.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. HC Wainwright reiterated a “buy” rating and issued a $11.00 target price on shares of Energy Fuels in a research report on Wednesday, December 11th. 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 report on Monday, November 4th.

About Energy Fuels

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.