Toronto Dominion Bank Sells 2,913 Shares of Energy Fuels Inc. (NYSE:UUUU)

Toronto Dominion Bank reduced its position in shares of Energy Fuels Inc. (NYSE:UUUU) by 20.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,228 shares of the company’s stock after selling 2,913 shares during the quarter. Toronto Dominion Bank’s holdings in Energy Fuels were worth $62,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Van ECK Associates Corp raised its stake in shares of Energy Fuels by 84.8% during the third quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company’s stock valued at $12,961,000 after acquiring an additional 1,083,480 shares during the last quarter. Geode Capital Management LLC raised its position in Energy Fuels by 14.1% during the 3rd quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company’s stock valued at $12,731,000 after purchasing an additional 285,680 shares during the last quarter. Bridgewater Associates LP lifted its holdings in Energy Fuels by 8.8% in the 3rd quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock worth $9,094,000 after buying an additional 134,531 shares during the period. Goehring & Rozencwajg Associates LLC grew its position in shares of Energy Fuels by 19.7% in the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 1,095,044 shares of the company’s stock worth $6,636,000 after buying an additional 179,900 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Energy Fuels by 233.1% during the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after buying an additional 632,713 shares during the period. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Insider Activity at Energy Fuels

In related news, Director Dennis Lyle Higgs sold 18,615 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the transaction, the director now owns 291,422 shares of the company’s stock, valued at $2,106,981.06. This trade represents a 6.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.92% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on UUUU. HC Wainwright reaffirmed a “buy” rating and issued a $11.00 price target on shares of Energy Fuels in a research note 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 for the company in a research report on Monday, November 4th.

Energy Fuels Stock Performance

Shares of NYSE:UUUU opened at $5.83 on Tuesday. The firm has a market capitalization of $1.15 billion, a P/E ratio of -26.48 and a beta of 1.64. The stock has a 50 day moving average price of $6.42 and a 200-day moving average price of $5.79. Energy Fuels Inc. has a 52-week low of $4.19 and a 52-week high of $8.21.

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

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.