Energy Fuels (TSE:EFR) Upgraded at Canaccord Genuity Group

Energy Fuels (TSE:EFR - Get Free Report) NASDAQ: UUUU was upgraded by investment analysts at Canaccord Genuity Group from a "moderate buy" rating to a "strong-buy" rating in a research note issued to investors on Wednesday,Zacks.com reports.

Energy Fuels Stock Performance

EFR stock traded down C$0.05 during trading on Wednesday, hitting C$8.23. 90,579 shares of the company's stock traded hands, compared to its average volume of 668,235. The stock has a fifty day moving average price of C$7.10 and a two-hundred day moving average price of C$6.86. Energy Fuels has a 52 week low of C$4.59 and a 52 week high of C$10.44. The stock has a market capitalization of C$1.15 billion, a price-to-earnings ratio of -27.33 and a beta of 1.54. The company has a quick ratio of 19.23, a current ratio of 18.01 and a debt-to-equity ratio of 0.31.

Insider Buying and Selling

In other Energy Fuels news, Senior Officer Timothy James Carstens sold 210,612 shares of the stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of C$7.47, for a total transaction of C$1,572,534.50. Also, Director Ivy Virginia Estabrooke sold 4,400 shares of the business's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of C$7.52, for a total value of C$33,092.40. Insiders have sold a total of 218,597 shares of company stock valued at $1,633,475 over the last quarter. Corporate insiders own 2.03% of the company's stock.

About Energy Fuels

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas.