Bank of America Corp DE lowered its holdings in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR) by 15.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 139,932 shares of the basic materials company’s stock after selling 26,502 shares during the quarter. Bank of America Corp DE owned about 0.15% of Energy Fuels worth $399,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Energy Fuels in the 4th quarter worth $5,362,000. Prescott Group Capital Management L.L.C. grew its position in Energy Fuels by 123.8% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 1,265,364 shares of the basic materials company’s stock worth $3,606,000 after purchasing an additional 700,000 shares during the last quarter. BlackRock Inc. grew its position in Energy Fuels by 11.2% in the 4th quarter. BlackRock Inc. now owns 4,360,852 shares of the basic materials company’s stock worth $12,428,000 after purchasing an additional 439,628 shares during the last quarter. Morgan Stanley grew its position in Energy Fuels by 90.9% in the 3rd quarter. Morgan Stanley now owns 617,059 shares of the basic materials company’s stock worth $2,024,000 after purchasing an additional 293,900 shares during the last quarter. Finally, Exane Derivatives grew its position in Energy Fuels by 461,767.3% in the 4th quarter. Exane Derivatives now owns 226,315 shares of the basic materials company’s stock worth $643,000 after purchasing an additional 226,266 shares during the last quarter.
Shares of UUUU remained flat at $$3.13 on Friday. 1,017,562 shares of the company were exchanged, compared to its average volume of 940,559. Energy Fuels Inc has a twelve month low of $1.91 and a twelve month high of $4.09.
Energy Fuels (NYSEAMERICAN:UUUU) (TSE:EFR) last issued its quarterly earnings data on Wednesday, May 8th. The basic materials company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.10). The company had revenue of $1.67 million for the quarter, compared to analysts’ expectations of $11.91 million.
In related news, Director Paul A. Carroll sold 10,000 shares of the stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $3.21, for a total transaction of $32,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Benjamin Eshleman III sold 66,000 shares of the stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $3.64, for a total transaction of $240,240.00. The disclosure for this sale can be found here. Insiders sold 109,000 shares of company stock valued at $393,450 in the last quarter.
Several analysts have issued reports on the stock. HC Wainwright set a $5.00 price target on shares of Energy Fuels and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Zacks Investment Research upgraded shares of Energy Fuels from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. Finally, Noble Financial lowered shares of Energy Fuels from an “outperform” rating to a “market perform” rating in a research report on Monday, May 13th.
Energy Fuels Profile
Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of uranium in the United States. It operates in two segments, Conventional Uranium and ISR Uranium. The company owns and operates the Nichols Ranch uranium recovery facility located in Wyoming; the Alta Mesa project located in Texas; and the White Mesa Mill located in Utah.
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