Energy Fuels Inc. (NYSEAMERICAN:UUUU) Shares Sold by MMCAP International Inc. SPC

MMCAP International Inc. SPC decreased its position in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 10.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,503,811 shares of the company’s stock after selling 173,410 shares during the quarter. Energy Fuels accounts for approximately 1.2% of MMCAP International Inc. SPC’s portfolio, making the stock its 25th largest holding. MMCAP International Inc. SPC’s holdings in Energy Fuels were worth $7,715,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in UUUU. AlphaMark Advisors LLC acquired a new stake in shares of Energy Fuels during the 4th quarter worth approximately $25,000. Signaturefd LLC grew its stake in shares of Energy Fuels by 261.7% during the 3rd quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock worth $33,000 after purchasing an additional 4,321 shares during the period. Wealthspan Partners LLC acquired a new stake in shares of Energy Fuels during the 4th quarter worth approximately $51,000. Accel Wealth Management acquired a new stake in shares of Energy Fuels during the 4th quarter worth approximately $52,000. Finally, Northwest & Ethical Investments L.P. purchased a new position in shares of Energy Fuels during the 3rd quarter valued at approximately $53,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insider Activity

In other news, Director Alex G. Morrison sold 17,500 shares of the firm’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 transaction, the director now owns 165,528 shares in the company, valued at $946,820.16. This trade represents a 9.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director J. Birks Bovaird sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were 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 owns 178,380 shares in the company, valued at approximately $970,387.20. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.92% of the company’s stock.

Wall Street Analysts Forecast Growth

UUUU has been the subject of several recent analyst reports. HC Wainwright reissued a “buy” rating and issued a $11.00 price target on shares of Energy Fuels in a report on Wednesday, December 11th. Roth Mkm dropped their target price 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.

Energy Fuels Price Performance

NYSEAMERICAN UUUU opened at $4.36 on Wednesday. The company has a market cap of $866.29 million, a PE ratio of -19.82 and a beta of 1.68. The stock’s 50 day simple moving average is $5.37 and its 200-day simple moving average is $5.57. Energy Fuels Inc. has a 1-year low of $4.19 and a 1-year high of $7.47.

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.