Stanley Laman Group Ltd. Has $4.31 Million Position in Energy Fuels Inc. (NYSE:UUUU)

Stanley Laman Group Ltd. increased its position in shares of Energy Fuels Inc. (NYSE:UUUU) by 65.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 785,521 shares of the company’s stock after purchasing an additional 309,958 shares during the period. Stanley Laman Group Ltd.’s holdings in Energy Fuels were worth $4,313,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in UUUU. Eastern Bank acquired a new stake in Energy Fuels during the 3rd quarter worth approximately $27,000. Lynx Investment Advisory bought a new position in Energy Fuels during the 2nd quarter worth $30,000. Ashton Thomas Private Wealth LLC bought a new position in Energy Fuels during the 2nd quarter worth $31,000. Signaturefd LLC raised its holdings in Energy Fuels by 261.7% in the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock valued at $33,000 after acquiring an additional 4,321 shares in the last quarter. Finally, Creative Planning acquired a new position in Energy Fuels in the 3rd quarter valued at $57,000. 48.24% of the stock is owned by institutional investors and hedge funds.

Energy Fuels Stock Performance

Energy Fuels stock opened at $6.69 on Wednesday. Energy Fuels Inc. has a 52 week low of $4.19 and a 52 week high of $8.68. The stock has a market capitalization of $1.08 billion, a P/E ratio of -95.57 and a beta of 1.61. The stock has a fifty day moving average of $5.20 and a 200-day moving average of $5.69.

Energy Fuels (NYSE:UUUU) last posted its quarterly earnings results on Friday, August 2nd. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. Energy Fuels had a negative return on equity of 6.56% and a negative net margin of 27.23%. The company had revenue of $8.72 million during the quarter, compared to analysts’ expectations of $3.85 million. On average, research analysts forecast that Energy Fuels Inc. will post -0.11 earnings per share for the current year.

Analyst Ratings Changes

Separately, HC Wainwright lifted their price objective on Energy Fuels from $10.50 to $10.75 and gave the company a “buy” rating in a report on Tuesday, October 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $8.67.

About Energy Fuels

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.