Energy Fuels (TSE:EFR) Sets New 12-Month High - Should You 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.

Shares of Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU reached a new 52-week high during mid-day 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 Upgrades and Downgrades

EFR has been the subject of several recent analyst reports. Roth Capital cut Energy Fuels from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 11th. Canaccord Genuity Group upgraded Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a report on Wednesday, July 2nd. Finally, B. Riley upgraded Energy Fuels to a "strong-buy" rating in a report on Tuesday, July 22nd.

Energy Fuels Price Performance

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$1.84 billion, a PE ratio of -43.97 and a beta of 1.54. The company has a fifty day moving average of C$9.87 and a 200-day moving average of C$7.59.

Insider Buying and Selling

In related news, Senior Officer Timothy James Carstens sold 210,612 shares of the business's 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 sold 218,597 shares of company stock valued at $1,633,475 in the last three months. 2.03% of the stock is owned by corporate insiders.

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.