Energy Fuels (TSE:EFR) Hits New 12-Month High - Still a Buy?

Key Points

• Energy Fuels Inc. shares reached a new 52-week high of C$18.54, closing at C$18.39 with substantial trading volume of over 1.16 million shares.
• Analysts have shown mixed sentiment, with two upgrades to "strong-buy," while one downgrade to "hold" was issued, resulting in a consensus rating of "Buy."
• Energy Fuels is the largest uranium producer in the U.S., operating three key production facilities and also producing vanadium.

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU's stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$18.54 and last traded at C$18.39, with a volume of 1162761 shares. The stock had previously closed at C$16.44.

Analysts Set New Price Targets

Several brokerages recently weighed in on EFR. B. Riley upgraded Energy Fuels to a "strong-buy" rating in a research report on Tuesday, July 22nd. Canaccord Genuity Group upgraded Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, July 2nd. Finally, Roth Capital lowered Energy Fuels from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 11th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy".

Energy Fuels Price Performance

The company has a quick ratio of 19.23, a current ratio of 18.01 and a debt-to-equity ratio of 0.31. The company has a market cap of C$3.82 billion, a PE ratio of -33.76 and a beta of 1.75. The stock has a 50-day simple moving average of C$13.41 and a 200 day simple moving average of C$8.91.

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.