Bridgewater Associates LP Acquires 134,531 Shares of Energy Fuels Inc. (NYSE:UUUU)

Bridgewater Associates LP lifted its holdings in shares of Energy Fuels Inc. (NYSE:UUUU - Free Report) by 8.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,656,516 shares of the company's stock after acquiring an additional 134,531 shares during the quarter. Bridgewater Associates LP owned 0.85% of Energy Fuels worth $9,094,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Eastern Bank bought a new stake in shares of Energy Fuels in the 3rd quarter worth approximately $27,000. Lynx Investment Advisory purchased a new position in shares of Energy Fuels during the 2nd quarter valued at $30,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Energy Fuels during the 2nd quarter valued at $31,000. 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 acquiring an additional 4,321 shares during the period. Finally, Creative Planning purchased a new stake in Energy Fuels in the 3rd quarter worth about $57,000. 48.24% of the stock is currently owned by institutional investors.

Energy Fuels Trading Up 7.2 %

Shares of UUUU stock traded up $0.49 during trading hours on Friday, reaching $7.29. The stock had a trading volume of 4,329,798 shares, compared to its average volume of 3,187,324. The stock's fifty day simple moving average is $6.19 and its 200 day simple moving average is $5.80. The firm has a market capitalization of $1.43 billion, a PE ratio of -33.32 and a beta of 1.60. Energy Fuels Inc. has a 12 month low of $4.19 and a 12 month high of $8.21.

Energy Fuels (NYSE:UUUU - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The business had revenue of $4.05 million for the quarter, compared to the consensus estimate of $5.10 million. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. As a group, equities research analysts anticipate that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of the company's stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the sale, the director now directly owns 291,422 shares in the company, valued at $2,106,981.06. This represents a 6.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.92% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on UUUU. Roth Mkm dropped their price objective 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 raised their price target on Energy Fuels from $10.75 to $11.00 and gave the stock a "buy" rating in a report 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.