Energy Fuels Inc. (NYSEAMERICAN:UUUU) Shares Bought by Cibc World Market Inc.

Cibc World Market Inc. grew its stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUUGet Rating) (TSE:EFR) by 96.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,693 shares of the basic materials company’s stock after acquiring an additional 97,917 shares during the period. Cibc World Market Inc.’s holdings in Energy Fuels were worth $980,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vontobel Holding Ltd. boosted its holdings in shares of Energy Fuels by 80.9% in the 2nd quarter. Vontobel Holding Ltd. now owns 26,248 shares of the basic materials company’s stock valued at $129,000 after buying an additional 11,740 shares during the period. Advisor Group Holdings Inc. boosted its holdings in shares of Energy Fuels by 34.9% in the 1st quarter. Advisor Group Holdings Inc. now owns 69,429 shares of the basic materials company’s stock valued at $632,000 after buying an additional 17,979 shares during the period. Exane Derivatives boosted its holdings in shares of Energy Fuels by 34.3% in the 2nd quarter. Exane Derivatives now owns 267,490 shares of the basic materials company’s stock valued at $1,312,000 after buying an additional 68,262 shares during the period. Guild Investment Management Inc. boosted its holdings in shares of Energy Fuels by 13.1% in the 1st quarter. Guild Investment Management Inc. now owns 142,760 shares of the basic materials company’s stock valued at $1,306,000 after buying an additional 16,500 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Energy Fuels by 8.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 52,300 shares of the basic materials company’s stock valued at $268,000 after buying an additional 4,000 shares during the period. 35.43% of the stock is owned by institutional investors and hedge funds.

Energy Fuels Price Performance

UUUU stock opened at $7.02 on Monday. Energy Fuels Inc. has a 52 week low of $4.69 and a 52 week high of $11.00. The company has a market cap of $1.11 billion, a P/E ratio of -175.50 and a beta of 1.72. The stock’s 50-day moving average is $6.61.

Insiders Place Their Bets

In other Energy Fuels news, Director Dennis Lyle Higgs sold 5,000 shares of the business’s stock in a transaction dated Tuesday, August 30th. The shares were sold at an average price of $9.96, for a total transaction of $49,800.00. Following the sale, the director now directly owns 264,837 shares in the company, valued at approximately $2,637,776.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.22% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on UUUU. TheStreet upgraded shares of Energy Fuels from a “d+” rating to a “c-” rating in a research report on Tuesday, August 16th. Roth Capital reiterated a “buy” rating on shares of Energy Fuels in a research report on Monday, August 15th. Canaccord Genuity Group cut their price objective on shares of Energy Fuels from C$12.00 to C$11.50 in a research report on Wednesday, November 16th. Finally, HC Wainwright cut their price objective on shares of Energy Fuels from $9.75 to $9.50 and set a “buy” rating on the stock in a research report on Tuesday, November 8th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Energy Fuels currently has an average rating of “Moderate Buy” and an average price target of $11.33.

About Energy Fuels

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Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch project, the Jane Dough property, and the Hank project located in Wyoming; and the Alta Mesa project located in Texas, as well as White Mesa Mill in Utah.

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Institutional Ownership by Quarter for Energy Fuels (NYSEAMERICAN:UUUU)

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