10,505 Shares in Energy Fuels Inc. (NYSE:UUUU) Purchased by Synovus Financial Corp

Synovus Financial Corp purchased a new stake in shares of Energy Fuels Inc. (NYSE:UUUU) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 10,505 shares of the company’s stock, valued at approximately $58,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eastern Bank bought a new position in shares of Energy Fuels during the third quarter valued at approximately $27,000. Ashton Thomas Private Wealth LLC purchased a new position in Energy Fuels during the 2nd quarter valued at $31,000. Signaturefd LLC grew its position 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 during the last quarter. Northwest & Ethical Investments L.P. purchased a new stake in Energy Fuels in the third quarter worth $53,000. Finally, Hilltop Holdings Inc. bought a new stake in shares of Energy Fuels during the third quarter worth $55,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other Energy Fuels news, Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total value of $100,100.00. Following the transaction, the director now owns 165,528 shares in the company, valued at $946,820.16. The trade was a 9.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dennis Lyle Higgs sold 18,615 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the transaction, the director now owns 291,422 shares of the company’s stock, valued at $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is currently owned by insiders.

Energy Fuels Trading Up 1.1 %

Shares of Energy Fuels stock opened at $5.41 on Friday. The stock’s fifty day moving average price is $6.43 and its 200-day moving average price is $5.77. The firm has a market cap of $1.06 billion, a P/E ratio of -24.59 and a beta of 1.64. Energy Fuels Inc. has a 12 month low of $4.19 and a 12 month high of $8.21.

Energy Fuels (NYSE:UUUU) last posted its earnings results on Thursday, October 31st. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. The business had revenue of $4.05 million for the quarter, compared to analysts’ expectations of $5.10 million. Analysts forecast that Energy Fuels Inc. will post -0.1 earnings per share for the current year.

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.