Energy Fuels (TSE:EFR) Sets New 52-Week High - Still a Buy?

Key Points

• Energy Fuels Inc. reached a new 52-week high, trading at C$14.77, before settling at C$13.13, with a volume of over 2.2 million shares.
• Analysts have shown mixed sentiments, with B. Riley upgrading the stock to a "strong-buy" while Roth Capital downgraded it to a "hold."
• Energy Fuels is the largest uranium producer in the U.S., with significant production capacity and resources, alongside facilities located in Utah, Wyoming, and Texas.

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU's share price hit a new 52-week high during trading on Saturday . The stock traded as high as C$14.77 and last traded at C$13.13, with a volume of 2245451 shares traded. The stock had previously closed at C$13.19.

Analyst Ratings Changes

A number of brokerages have issued reports on EFR. B. Riley raised shares of Energy Fuels to a "strong-buy" rating in a research note on Tuesday, July 22nd. Canaccord Genuity Group raised Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a report on Wednesday, July 2nd. Finally, Roth Capital cut shares of Energy Fuels from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 11th.

Energy Fuels Price Performance

The stock has a market capitalization of C$1.82 billion, a P/E ratio of -43.50 and a beta of 1.54. The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01. The stock has a 50-day simple moving average of C$9.98 and a 200 day simple moving average of C$7.62.

Insiders Place Their Bets

In other Energy Fuels news, Senior Officer Dee Ann Nazarenus sold 3,585 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of C$7.77, for a total transaction of C$27,847.92. 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. In the last 90 days, insiders sold 218,597 shares of company stock valued at $1,633,475. Company insiders own 2.03% of the company's stock.

Energy Fuels Company Profile

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.