Stanley Laman Group Ltd. Has $4.31 Million Position in Energy Fuels Inc. (NYSE:UUUU)

Stanley Laman Group Ltd. increased its position in shares of Energy Fuels Inc. (NYSE:UUUU) by 65.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 785,521 shares of the company’s stock after acquiring an additional 309,958 shares during the quarter. Stanley Laman Group Ltd. owned about 0.49% of Energy Fuels worth $4,313,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in shares of Energy Fuels by 14.3% during the first quarter. Principal Financial Group Inc. now owns 21,111 shares of the company’s stock valued at $133,000 after acquiring an additional 2,639 shares during the period. ProShare Advisors LLC lifted its stake in shares of Energy Fuels by 10.8% during the first quarter. ProShare Advisors LLC now owns 28,816 shares of the company’s stock valued at $181,000 after acquiring an additional 2,798 shares during the period. Sequoia Financial Advisors LLC lifted its stake in Energy Fuels by 14.6% in the second quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company’s stock valued at $143,000 after buying an additional 3,014 shares during the period. Vontobel Holding Ltd. lifted its stake in Energy Fuels by 12.4% in the third quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock valued at $187,000 after buying an additional 3,752 shares during the period. Finally, Signaturefd LLC lifted its stake in 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 buying an additional 4,321 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Price Performance

Shares of Energy Fuels stock opened at $6.69 on Wednesday. Energy Fuels Inc. has a 1 year low of $4.19 and a 1 year high of $8.68. The business has a 50-day moving average of $5.20 and a two-hundred day moving average of $5.69. The company has a market capitalization of $1.08 billion, a P/E ratio of -95.57 and a beta of 1.61.

Energy Fuels (NYSE:UUUU) last issued its quarterly earnings results on Friday, August 2nd. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.02. Energy Fuels had a negative return on equity of 6.56% and a negative net margin of 27.23%. The firm had revenue of $8.72 million during the quarter, compared to analysts’ expectations of $3.85 million. On average, equities analysts anticipate that Energy Fuels Inc. will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, HC Wainwright increased their target price on Energy Fuels from $10.50 to $10.75 and gave the company a “buy” rating in a research note on Tuesday, October 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $8.67.

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.