Mirae Asset Global Investments Co. Ltd. Buys 671,279 Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Mirae Asset Global Investments Co. Ltd. boosted its stake in Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSE:EFR) by 9.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 8,168,356 shares of the basic materials company’s stock after buying an additional 671,279 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.05% of Energy Fuels worth $50,805,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Signaturefd LLC raised its position in Energy Fuels by 259.4% in the 2nd quarter. Signaturefd LLC now owns 4,169 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 3,009 shares during the last quarter. Optiver Holding B.V. bought a new stake in shares of Energy Fuels during the first quarter worth $28,000. Verition Fund Management LLC bought a new stake in shares of Energy Fuels during the second quarter worth $62,000. Private Advisor Group LLC bought a new stake in shares of Energy Fuels during the first quarter worth $70,000. Finally, Virtu Financial LLC bought a new stake in shares of Energy Fuels during the first quarter worth $74,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

Energy Fuels Stock Up 1.9 %

NYSEAMERICAN UUUU opened at $8.44 on Friday. The stock has a market capitalization of $1.36 billion, a P/E ratio of 12.98 and a beta of 1.66. Energy Fuels Inc. has a 12 month low of $4.85 and a 12 month high of $9.02.

Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last released its quarterly earnings data on Friday, November 3rd. The basic materials company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. Energy Fuels had a negative return on equity of 8.11% and a net margin of 270.91%. The business had revenue of $10.99 million during the quarter, compared to the consensus estimate of $3.34 million. On average, equities research analysts predict that Energy Fuels Inc. will post -0.17 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on UUUU. StockNews.com upgraded Energy Fuels to a “sell” rating in a research report on Sunday, November 12th. HC Wainwright upped their price objective on Energy Fuels from $9.75 to $10.00 and gave the company a “buy” rating in a report on Tuesday, August 8th. Finally, Roth Mkm upped their price objective on Energy Fuels from $8.50 to $9.50 and gave the company a “buy” rating in a report on Tuesday, October 10th.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director J. Birks Bovaird sold 6,000 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $11.50, for a total value of $69,000.00. Following the completion of the transaction, the director now directly owns 185,647 shares of the company’s stock, valued at $2,134,940.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.30% of the company’s stock.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, processing, permitting, evaluation, and sale of uranium, vanadium, and rare earth elements. It also targets heavy mineral sands, including ilmenite, rutile, zircon, and monazite. The company owns and operates the Nichols Ranch project located in Wyoming, White Mesa Mill located in Utah, the Pinyon Plain project located in Arizona, the Roca Honda project located in Central New Mexico, the Sheep Mountain project located in Wyoming, the Bullfrog project located in Utah, and the La Sal project located in La Sal West and La Sal East.