Sprott Inc. Has $435,000 Holdings in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Sprott Inc. increased its position in Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 90.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 84,711 shares of the company’s stock after purchasing an additional 40,213 shares during the period. Sprott Inc.’s holdings in Energy Fuels were worth $435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Delta Financial Group Inc. acquired a new stake in Energy Fuels during the 4th quarter worth about $137,000. Olympiad Research LP acquired a new stake in shares of Energy Fuels during the fourth quarter worth approximately $169,000. D.A. Davidson & CO. purchased a new position in Energy Fuels during the fourth quarter valued at approximately $114,000. CIBC Asset Management Inc increased its stake in Energy Fuels by 5.8% in the 4th quarter. CIBC Asset Management Inc now owns 215,134 shares of the company’s stock valued at $1,104,000 after buying an additional 11,856 shares during the period. Finally, Rhumbline Advisers lifted its position in Energy Fuels by 5.7% in the 4th quarter. Rhumbline Advisers now owns 304,506 shares of the company’s stock worth $1,562,000 after buying an additional 16,529 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Stock Performance

NYSEAMERICAN UUUU opened at $4.44 on Thursday. The stock has a 50-day simple moving average of $5.37 and a 200 day simple moving average of $5.57. Energy Fuels Inc. has a twelve month low of $4.19 and a twelve month high of $7.47. The stock has a market capitalization of $882.18 million, a PE ratio of -20.18 and a beta of 1.68.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on UUUU. HC Wainwright reaffirmed a “buy” rating and set a $11.00 price target on shares of Energy Fuels in a research note on Wednesday, December 11th. Roth Mkm cut their price objective on shares of Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a research report on Monday, November 4th.

Insider Activity at Energy Fuels

In related news, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total value of $54,400.00. Following the completion of the transaction, the director now directly owns 178,380 shares of the company’s stock, valued at $970,387.20. This trade represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total transaction of $100,100.00. Following the completion of the sale, the director now directly owns 165,528 shares in the company, valued at $946,820.16. This trade represents a 9.56 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.92% of the company’s stock.

Energy Fuels Company Profile

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.