Vontobel Holding Ltd. Boosts Stock Position in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Vontobel Holding Ltd. increased its stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 91.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,232 shares of the company’s stock after purchasing an additional 31,233 shares during the quarter. Vontobel Holding Ltd.’s holdings in Energy Fuels were worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Van ECK Associates Corp increased its position in Energy Fuels by 104.9% during the 4th quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after purchasing an additional 2,477,539 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in Energy Fuels in the 4th quarter valued at about $87,000. Robertson Stephens Wealth Management LLC grew its holdings in Energy Fuels by 3.7% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,579,919 shares of the company’s stock valued at $8,105,000 after buying an additional 55,709 shares during the period. Wealthspan Partners LLC purchased a new stake in Energy Fuels in the 4th quarter valued at about $51,000. Finally, Synergy Asset Management LLC purchased a new stake in Energy Fuels in the 4th quarter valued at about $127,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Insider Activity

In other news, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total value of $100,100.00. Following the completion of the sale, the director now directly owns 165,528 shares in the company, valued at approximately $946,820.16. The trade was a 9.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director J. Birks Bovaird sold 10,000 shares of the company’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 transaction, the director now owns 178,380 shares of the company’s stock, valued at approximately $970,387.20. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.92% of the company’s stock.

Analysts Set New Price Targets

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

Energy Fuels Price Performance

Shares of UUUU opened at $4.87 on Friday. The business’s 50 day moving average is $5.37 and its two-hundred day moving average is $5.57. Energy Fuels Inc. has a 52-week low of $4.19 and a 52-week high of $7.47. The firm has a market cap of $967.62 million, a price-to-earnings ratio of -22.14 and a beta of 1.68.

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.