FIL Ltd Takes $387,000 Position in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

FIL Ltd bought a new stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 75,522 shares of the company's stock, valued at approximately $387,000.

Several other hedge funds and other institutional investors have also bought and sold shares of UUUU. Van ECK Associates Corp boosted its stake in Energy Fuels by 104.9% in 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. Vanguard Group Inc. increased its holdings in shares of Energy Fuels by 18.5% during the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock valued at $38,316,000 after purchasing an additional 1,164,973 shares in the last quarter. Summit Financial LLC acquired a new position in shares of Energy Fuels in the fourth quarter worth about $4,840,000. Geode Capital Management LLC boosted its stake in shares of Energy Fuels by 14.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company's stock worth $12,731,000 after acquiring an additional 285,680 shares in the last quarter. Finally, Barclays PLC grew its position in shares of Energy Fuels by 126.6% during the 3rd quarter. Barclays PLC now owns 412,137 shares of the company's stock valued at $2,262,000 after acquiring an additional 230,259 shares during the period. Institutional investors own 48.24% of the company's stock.

Insider Buying and Selling at Energy Fuels

In related news, VP Daniel Kapostasy sold 12,350 shares of Energy Fuels stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $4.10, for a total transaction of $50,635.00. Following the completion of the transaction, the vice president now directly owns 57,705 shares in the company, valued at $236,590.50. The trade was a 17.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Barbara Appelin Filas sold 10,000 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $4.15, for a total value of $41,500.00. Following the sale, the director now owns 160,159 shares in the company, valued at approximately $664,659.85. This trade represents a 5.88 % decrease in their position. The disclosure for this sale can be found here. 1.92% of the stock is currently owned by insiders.

Energy Fuels Trading Up 11.7 %

UUUU traded up $0.52 on Friday, hitting $4.95. 20,981,751 shares of the company were exchanged, compared to its average volume of 8,068,023. Energy Fuels Inc. has a twelve month low of $3.20 and a twelve month high of $7.47. The company has a market cap of $983.52 million, a price-to-earnings ratio of -22.50 and a beta of 1.68. The firm has a 50-day moving average price of $4.44 and a two-hundred day moving average price of $5.41.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on UUUU shares. HC Wainwright dropped their price target on shares of Energy Fuels from $11.00 to $10.75 and set a "buy" rating on the stock in a research note on Friday, February 28th. Roth Mkm upgraded shares of Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price target for the company in a research report on Friday, February 28th. Finally, Roth Capital set a $5.75 price target on shares of Energy Fuels in a research note on Friday, February 28th.

About Energy Fuels

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.