State Board of Administration of Florida Retirement System Purchases 3,370 Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU)

State Board of Administration of Florida Retirement System grew its stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) by 20.3% during the 4th quarter, HoldingsChannel reports. The firm owned 19,998 shares of the basic materials company’s stock after acquiring an additional 3,370 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Energy Fuels were worth $124,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in Energy Fuels by 187.3% in the 1st quarter. Bank of New York Mellon Corp now owns 1,484,213 shares of the basic materials company’s stock valued at $13,581,000 after buying an additional 967,543 shares during the last quarter. MMCAP International Inc. SPC boosted its position in shares of Energy Fuels by 87.8% in the 3rd quarter. MMCAP International Inc. SPC now owns 1,776,732 shares of the basic materials company’s stock worth $10,874,000 after purchasing an additional 830,810 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Energy Fuels by 48.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 804,857 shares of the basic materials company’s stock worth $3,952,000 after purchasing an additional 261,688 shares during the last quarter. BlackRock Inc. boosted its position in shares of Energy Fuels by 2.7% in the 1st quarter. BlackRock Inc. now owns 7,818,248 shares of the basic materials company’s stock worth $71,537,000 after purchasing an additional 208,548 shares during the last quarter. Finally, State Street Corp boosted its position in shares of Energy Fuels by 7.4% in the 1st quarter. State Street Corp now owns 2,415,356 shares of the basic materials company’s stock worth $22,101,000 after purchasing an additional 166,549 shares during the last quarter. 38.22% of the stock is currently owned by institutional investors.

Energy Fuels Trading Up 0.6 %

NYSEAMERICAN:UUUU opened at $6.31 on Wednesday. The firm has a 50-day moving average of $6.90. The firm has a market capitalization of $997.17 million, a P/E ratio of 14.34 and a beta of 1.75. Energy Fuels Inc. has a 52-week low of $4.69 and a 52-week high of $8.24.

Energy Fuels (NYSEAMERICAN:UUUU – Get Rating) (TSE:EFR) last announced its quarterly earnings results on Wednesday, March 8th. The basic materials company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.06). The business had revenue of $0.18 million for the quarter, compared to analyst estimates of $1.00 million. Energy Fuels had a negative return on equity of 16.69% and a net margin of 236.87%. Research analysts anticipate that Energy Fuels Inc. will post 0.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on UUUU. HC Wainwright reiterated a “buy” rating and set a $9.75 target price on shares of Energy Fuels in a report on Friday, March 10th. TheStreet upgraded Energy Fuels from a “d” rating to a “c+” rating in a report on Thursday, May 18th. One analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $10.63.

Insiders Place Their Bets

In other news, Director J. Birks Bovaird sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $8.05, for a total transaction of $120,750.00. Following the completion of the sale, the director now owns 191,647 shares in the company, valued at $1,542,758.35. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 2.30% of the company’s stock.

Energy Fuels Profile

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Energy Fuels, Inc is a mining development company, which engages in the exploration and evaluation of uranium and vanadium properties. It also operates the Nichols Ranch, Alta Mesa, and White Mesa Mill projects. The company was founded by George E. L. Glasier and John David Mason on June 24, 1987 and is headquartered in Lakewood, CO.