Energy Fuels (TSE:EFR) Reaches New 1-Year High - Still a Buy?

Key Points

• Energy Fuels Inc. reached a new 52-week high of C$18.77, closing at C$18.73 with significant trading volume of over 1.24 million shares.
• Analysts have shown mixed ratings for the stock, with two upgrades to "strong-buy" and one downgrade to "hold", resulting in a consensus rating of "Buy."
• The company is the largest uranium producer in the U.S., holding key production centers across Utah, Wyoming, and Texas, with a market cap of C$4.38 billion.

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU's share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$18.77 and last traded at C$18.73, with a volume of 1245008 shares traded. The stock had previously closed at C$16.54.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Canaccord Genuity Group raised Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, July 2nd. B. Riley raised Energy Fuels to a "strong-buy" rating in a research report on Tuesday, July 22nd. Finally, Roth Capital lowered Energy Fuels from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 11th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Energy Fuels currently has an average rating of "Buy".

Energy Fuels Stock Performance

The company has a market cap of C$4.76 billion, a P/E ratio of -42.10 and a beta of 1.75. The firm has a 50 day moving average price of C$14.28 and a 200-day moving average price of C$9.26. The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01.

Insider Buying and Selling

In other Energy Fuels news, Director James Birks Bovaird sold 10,000 shares of the company's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of C$20.47, for a total value of C$204,650.00. Following the completion of the transaction, the director owned 148,151 shares of the company's stock, valued at C$3,031,910.22. This represents a 6.32% decrease in their position. 2.03% of the stock is currently owned by company 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.