Azarias Capital Management L.P. Sells 33,000 Shares of Energy Fuels Inc. (NYSE:UUUU)

Azarias Capital Management L.P. lessened its stake in Energy Fuels Inc. (NYSE:UUUU) by 4.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 783,601 shares of the company’s stock after selling 33,000 shares during the period. Energy Fuels accounts for approximately 2.1% of Azarias Capital Management L.P.’s investment portfolio, making the stock its 21st largest holding. Azarias Capital Management L.P. owned about 0.49% of Energy Fuels worth $4,929,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. McGlone Suttner Wealth Management Inc. purchased a new stake in Energy Fuels in the fourth quarter valued at approximately $31,000. Optiver Holding B.V. boosted its position in Energy Fuels by 1,282.2% in the fourth quarter. Optiver Holding B.V. now owns 4,423 shares of the company’s stock valued at $32,000 after buying an additional 4,103 shares during the last quarter. Motley Fool Wealth Management LLC purchased a new stake in Energy Fuels in the fourth quarter valued at approximately $70,000. Gainplan LLC purchased a new stake in Energy Fuels in the fourth quarter valued at approximately $84,000. Finally, Russell Investments Group Ltd. boosted its position in Energy Fuels by 956.1% in the fourth quarter. Russell Investments Group Ltd. now owns 12,494 shares of the company’s stock valued at $90,000 after buying an additional 11,311 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Roth Mkm cut Energy Fuels from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $6.50 to $6.25 in a report on Wednesday, June 5th. B. Riley started coverage on Energy Fuels in a report on Thursday, April 18th. They issued a “buy” rating and a $9.00 price target for the company. HC Wainwright increased their price target on Energy Fuels from $10.00 to $10.75 and gave the company a “buy” rating in a report on Wednesday, June 12th. Finally, Roth Capital cut Energy Fuels from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $8.67.

Energy Fuels Trading Up 0.2 %

Energy Fuels stock traded up $0.01 during midday trading on Thursday, reaching $5.92. The company’s stock had a trading volume of 1,883,743 shares, compared to its average volume of 2,782,434. Energy Fuels Inc. has a fifty-two week low of $5.16 and a fifty-two week high of $9.02. The stock has a market cap of $954.72 million, a P/E ratio of -84.56 and a beta of 1.61. The stock’s 50-day moving average is $6.12.

Energy Fuels (NYSE:UUUU) last posted its earnings results on Friday, May 3rd. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. Energy Fuels had a negative return on equity of 6.27% and a negative net margin of 24.83%. The business had revenue of $25.43 million for the quarter, compared to analysts’ expectations of $26.25 million. As a group, equities research analysts forecast that Energy Fuels Inc. will post -0.11 earnings per share for the current year.

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.