Azarias Capital Management, L.P. Long-Term Concentrated

Location: Berwyn, PA

CIK: 0001625279 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Jan 19, 2024

Total Value: $225M (100.0% shares, 0.0% debt)

Holdings (23)

URG UR-ENERGY INC 9.9%

Value $22.21M Shares 14,419,099 Share Price $1.54 Est. Cost/Share $1.43 Unrealized @ Report Date +7.7%

NXE NEXGEN ENERGY LTD 8.9%

Value $19.96M Shares 2,850,861 Share Price $7.00 Est. Cost/Share $4.93 Unrealized @ Report Date +41.9%

CCJ CAMECO CORP 8.8%

Value $19.89M Shares 461,436 Share Price $43.10 Est. Cost/Share $25.09 Unrealized @ Report Date +71.1%

IPI INTREPID POTASH INC 6.4%

Value $14.43M Shares 604,042 Share Price $23.89 Est. Cost/Share $23.28 Unrealized @ Report Date +2.6%

HOFT HOOKER FURNISHINGS CORPORATI 5.9%

Value $13.24M Shares 507,784 Share Price $26.08 Est. Cost/Share $21.47 Unrealized @ Report Date +21.5%

STC STEWART INFORMATION SVCS COR 5.5%

Value $12.4M Shares 211,081 Share Price $58.75 Est. Cost/Share $44.67 Unrealized @ Report Date +31.5%

MTRX MATRIX SVC CO 5.5%

Value $12.34M Shares 1,261,761 Share Price $9.78 Est. Cost/Share $9.06 Unrealized @ Report Date +8.0%

HCSG HEALTHCARE SVCS GROUP INC 5.5%

Value $12.26M Shares 1,181,917 Share Price $10.37 Est. Cost/Share $13.62 Unrealized @ Report Date -23.9%

MPAA MOTORCAR PTS AMER INC 5.0%

Value $11.32M Shares 1,211,910 Share Price $9.34 Est. Cost/Share $12.83 Unrealized @ Report Date -27.2%

UFI UNIFI INC 4.0%

Value $9.08M Shares 1,363,424 Share Price $6.66 Est. Cost/Share $11.66 Unrealized @ Report Date -42.9%

IWN ISHARES TR 3.9%

Value $8.77M Shares 56,460 Share Price $155.33 Est. Cost/Share $143.39 Unrealized @ Report Date +8.3%

EZPW EZCORP INC 3.8%

Value $8.614M Shares 985,625 Share Price $8.74 Est. Cost/Share $8.00 Unrealized @ Report Date +9.2%

AGX ARGAN INC 3.8%

Value $8.447M Shares 180,525 Share Price $46.79 * Est. Cost/Share $37.96 Unrealized @ Report Date +19.8%

— MAG SILVER CORP 3.7%

Value $8.42M Shares 808,853 Share Price $10.41 Est. Cost/Share $10.41 Unrealized @ Report Date —

FSTR FOSTER L B CO 3.4%

Value $7.607M Shares 345,916 Share Price $21.99 Est. Cost/Share $14.67 Unrealized @ Report Date +49.9%

SCHL SCHOLASTIC CORP 3.3%

Value $7.519M Shares 199,445 Share Price $37.70 * Est. Cost/Share $35.78 Unrealized @ Report Date -1.4%

UUUU ENERGY FUELS INC 2.6%

Value $5.871M Shares 816,601 Share Price $7.19 Est. Cost/Share $7.60 Unrealized @ Report Date -5.4%

DNN DENISON MINES CORP 2.2%

Value $4.859M Shares 2,745,404 Share Price $1.77 Est. Cost/Share $1.49 Unrealized @ Report Date +18.6%

TBI TRUEBLUE INC 2.0%

Value $4.582M Shares 298,694 Share Price $15.34 Est. Cost/Share $13.98 Unrealized @ Report Date +9.7%

EU ENCORE ENERGY CORP 2.0%

Value $4.45M Shares 1,132,098 Share Price $3.93 Est. Cost/Share $2.40 Unrealized @ Report Date +64.1%

IWM ISHARES TR 1.6%

Value $3.708M Shares 18,472 Share Price $200.71 Est. Cost/Share $177.85 Unrealized @ Report Date +12.9%

HBB HAMILTON BEACH BRANDS HLDG C 1.2%

Value $2.642M Shares 151,054 Share Price $17.49 * Est. Cost/Share $13.60 Unrealized @ Report Date +22.3%

GHM GRAHAM CORP 1.0%

Value $2.17M Shares 114,367 Share Price $18.97 Est. Cost/Share $12.00 Unrealized @ Report Date +58.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
URG	UR-ENERGY INC	14,419,099	$22.21M	9.9%	$1.54	$1.43	+7.7%	COM	91688R108
NXE	NEXGEN ENERGY LTD	2,850,861	$19.96M	8.9%	$7.00	$4.93	+41.9%	COM	65340P106
CCJ	CAMECO CORP	461,436	$19.89M	8.8%	$43.10	$25.09	+71.1%	COM	13321L108
IPI	INTREPID POTASH INC	604,042	$14.43M	6.4%	$23.89	$23.28	+2.6%	COM	46121Y201
HOFT	HOOKER FURNISHINGS CORPORATI	507,784	$13.24M	5.9%	$26.08	$21.47	+21.5%	COM	439038100
STC	STEWART INFORMATION SVCS COR	211,081	$12.4M	5.5%	$58.75	$44.67	+31.5%	COM	860372101
MTRX	MATRIX SVC CO	1,261,761	$12.34M	5.5%	$9.78	$9.06	+8.0%	COM	576853105
HCSG	HEALTHCARE SVCS GROUP INC	1,181,917	$12.26M	5.5%	$10.37	$13.62	-23.9%	COM	421906108
MPAA	MOTORCAR PTS AMER INC	1,211,910	$11.32M	5.0%	$9.34	$12.83	-27.2%	COM	620071100
UFI	UNIFI INC	1,363,424	$9.08M	4.0%	$6.66	$11.66	-42.9%	COM NEW	904677200
IWN	ISHARES TR	56,460	$8.77M	3.9%	$155.33	$143.39	+8.3%	RUS 2000 VAL ETF	464287630
EZPW	EZCORP INC	985,625	$8.614M	3.8%	$8.74	$8.00	+9.2%	CL A NON VTG	302301106
AGX	ARGAN INC	180,525	$8.447M	3.8%	$46.79 *	$37.96	+19.8%	COM	04010E109
—	MAG SILVER CORP	808,853	$8.42M	3.7%	$10.41	$10.41	—	COM	55903Q104
FSTR	FOSTER L B CO	345,916	$7.607M	3.4%	$21.99	$14.67	+49.9%	COM	350060109
SCHL	SCHOLASTIC CORP	199,445	$7.519M	3.3%	$37.70 *	$35.78	-1.4%	COM	807066105
UUUU	ENERGY FUELS INC	816,601	$5.871M	2.6%	$7.19	$7.60	-5.4%	COM NEW	292671708
DNN	DENISON MINES CORP	2,745,404	$4.859M	2.2%	$1.77	$1.49	+18.6%	COM	248356107
TBI	TRUEBLUE INC	298,694	$4.582M	2.0%	$15.34	$13.98	+9.7%	COM	89785X101
EU	ENCORE ENERGY CORP	1,132,098	$4.45M	2.0%	$3.93	$2.40	+64.1%	COM NEW	29259W700
IWM	ISHARES TR	18,472	$3.708M	1.6%	$200.71	$177.85	+12.9%	RUSSELL 2000 ETF	464287655
HBB	HAMILTON BEACH BRANDS HLDG C	151,054	$2.642M	1.2%	$17.49 *	$13.60	+22.3%	COM CL A	40701T104
GHM	GRAHAM CORP	114,367	$2.17M	1.0%	$18.97	$12.00	+58.1%	COM	384556106