Alberta Investment Management Corp Raises Holdings in Energy Fuels Inc. (NYSE:UUUU)

Alberta Investment Management Corp increased its stake in Energy Fuels Inc. (NYSE:UUUUFree Report) by 397.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,600 shares of the company’s stock after purchasing an additional 74,000 shares during the period. Alberta Investment Management Corp owned 0.06% of Energy Fuels worth $667,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of UUUU. MMCAP International Inc. SPC lifted its stake in shares of Energy Fuels by 50.7% during the fourth quarter. MMCAP International Inc. SPC now owns 3,693,009 shares of the company’s stock worth $25,888,000 after buying an additional 1,242,546 shares during the period. TD Asset Management Inc increased its holdings in shares of Energy Fuels by 1.1% in the fourth quarter. TD Asset Management Inc now owns 421,129 shares of the company’s stock valued at $3,034,000 after purchasing an additional 4,726 shares during the period. Chesapeake Capital Corp IL acquired a new stake in shares of Energy Fuels during the fourth quarter worth about $341,000. Aigen Investment Management LP lifted its holdings in shares of Energy Fuels by 90.6% during the fourth quarter. Aigen Investment Management LP now owns 47,975 shares of the company’s stock worth $344,000 after purchasing an additional 22,804 shares during the period. Finally, Cowen AND Company LLC purchased a new stake in Energy Fuels in the fourth quarter valued at approximately $431,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Energy Fuels Trading Down 2.6 %

Shares of UUUU opened at $6.82 on Tuesday. Energy Fuels Inc. has a 52 week low of $5.16 and a 52 week high of $9.02. The business has a 50-day moving average of $6.18.

Energy Fuels (NYSE:UUUUGet Free Report) last announced its quarterly earnings results on Friday, May 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Energy Fuels had a negative net margin of 24.83% and a negative return on equity of 6.27%. The firm had revenue of $25.43 million for the quarter, compared to the consensus estimate of $26.25 million. On average, research analysts predict that Energy Fuels Inc. will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, B. Riley started coverage on shares of Energy Fuels in a research note on Thursday, April 18th. They set a “buy” rating and a $9.00 price objective for the company.

Read Our Latest Stock Analysis on UUUU

Insider Activity at Energy Fuels

In other news, Director J. Birks Bovaird sold 10,000 shares of the business’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total transaction of $92,800.00. Following the completion of the sale, the director now owns 187,380 shares of the company’s stock, valued at $1,738,886.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders acquired a total of 8,013 shares of company stock worth $48,050 in the last 90 days. Corporate insiders own 1.92% of the company’s stock.

Energy Fuels Company Profile

(Free Report)

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.

Further Reading

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

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