Energy Fuels (TSE:EFR) Reaches New 52-Week High - Time to Buy?

Shares of Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU reached a new 52-week high on Wednesday . The stock traded as high as C$13.09 and last traded at C$12.87, with a volume of 608479 shares changing hands. The stock had previously closed at C$12.50.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. B. Riley upgraded Energy Fuels to a "strong-buy" rating in a research note on Tuesday, July 22nd. Canaccord Genuity Group upgraded Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a research note on Wednesday, July 2nd. Finally, Roth Capital lowered Energy Fuels from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 11th.

Energy Fuels Stock Performance

The firm has a fifty day simple moving average of C$8.51 and a 200-day simple moving average of C$7.18. The company has a current ratio of 18.01, a quick ratio of 19.23 and a debt-to-equity ratio of 0.31. The stock has a market cap of C$1.91 billion, a price-to-earnings ratio of -45.49 and a beta of 1.54.

Insiders Place Their Bets

In other Energy Fuels news, Senior Officer Dee Ann Nazarenus sold 3,585 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of C$7.77, for a total transaction of C$27,847.92. Also, Senior Officer Timothy James Carstens sold 210,612 shares of the stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of C$7.47, for a total value of C$1,572,534.50. In the last quarter, insiders have sold 218,597 shares of company stock valued at $1,633,475. 2.03% of the stock is currently owned by corporate insiders.

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.