Wealth Enhancement Advisory Services LLC Acquires New Shares in Energy Fuels Inc. (NYSE:UUUU)

Wealth Enhancement Advisory Services LLC bought a new position in shares of Energy Fuels Inc. (NYSE:UUUU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,604 shares of the company’s stock, valued at approximately $91,000.

Other institutional investors also recently bought and sold shares of the company. ProShare Advisors LLC lifted its position in Energy Fuels by 10.8% during the 1st quarter. ProShare Advisors LLC now owns 28,816 shares of the company’s stock worth $181,000 after acquiring an additional 2,798 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Energy Fuels by 14.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 23,628 shares of the company’s stock worth $143,000 after purchasing an additional 3,014 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in Energy Fuels by 12.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock valued at $187,000 after purchasing an additional 3,752 shares during the period. Signaturefd LLC grew 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 buying an additional 4,321 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Energy Fuels by 1.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 271,477 shares of the company’s stock worth $1,643,000 after buying an additional 4,843 shares during the period. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Trading Up 4.8 %

Shares of UUUU stock opened at $6.73 on Wednesday. Energy Fuels Inc. has a 12 month low of $4.19 and a 12 month high of $8.68. The company has a market capitalization of $1.31 billion, a P/E ratio of -30.57 and a beta of 1.60. The stock has a 50 day moving average of $5.64 and a two-hundred day moving average of $5.70.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on UUUU shares. Roth Mkm reduced their price objective on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating for the company in a research report on Monday, November 4th. HC Wainwright upped their target price on shares of Energy Fuels from $10.75 to $11.00 and gave the company a “buy” rating in a research note on Monday, November 4th.

Energy Fuels 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.