Louisbourg Investments Inc. Has $6.21 Million Position in Energy Fuels Inc $UUUU

Louisbourg Investments Inc. increased its stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 11.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 339,500 shares of the company’s stock after acquiring an additional 35,300 shares during the quarter. Louisbourg Investments Inc. owned approximately 0.14% of Energy Fuels worth $6,213,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UUUU. JPMorgan Chase & Co. increased its position in Energy Fuels by 685.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 912,120 shares of the company’s stock valued at $14,001,000 after buying an additional 795,929 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new stake in Energy Fuels in the third quarter valued at approximately $3,009,000. Capital Research Global Investors acquired a new stake in Energy Fuels in the third quarter valued at approximately $22,800,000. Van ECK Associates Corp increased its holdings in shares of Energy Fuels by 35.4% during the third quarter. Van ECK Associates Corp now owns 10,194,742 shares of the company’s stock valued at $156,489,000 after acquiring an additional 2,664,735 shares in the last quarter. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Energy Fuels during the third quarter valued at approximately $4,144,000. 48.24% of the stock is owned by institutional investors.

Energy Fuels Trading Up 1.4%

Shares of UUUU stock opened at $14.62 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 25.59 and a current ratio of 27.51. Energy Fuels Inc has a 52-week low of $5.45 and a 52-week high of $27.90. The company has a market capitalization of $3.65 billion, a PE ratio of -50.41 and a beta of 1.44. The business’s fifty day moving average is $18.31 and its 200 day moving average is $18.92.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 83.26%.The firm’s revenue was up 112.1% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.13) EPS. On average, equities research analysts anticipate that Energy Fuels Inc will post -0.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on UUUU. The Goldman Sachs Group cut their target price on Energy Fuels from $29.00 to $21.00 and set a “buy” rating on the stock in a report on Friday, June 12th. HC Wainwright restated a “buy” rating and set a $29.00 price objective on shares of Energy Fuels in a report on Monday, June 22nd. Finally, Roth Mkm set a $16.00 price objective on shares of Energy Fuels in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $23.25.

Insiders Place Their Bets

In other Energy Fuels news, VP Daniel Kapostasy sold 15,000 shares of Energy Fuels stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $18.71, for a total transaction of $280,650.00. Following the completion of the sale, the vice president directly owned 30,486 shares in the company, valued at $570,393.06. The trade was a 32.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.97% of the stock is owned by corporate insiders.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.