Energy Fuels (TSE:EFR) Hits New 52-Week High - Should You Buy?

Key Points

• Energy Fuels Inc. shares reached a new 52-week high of C$21.05 and closed at C$20.72 with a trading volume of over 585,000 shares.
• Analysts have mixed ratings on Energy Fuels, with two analysts issuing a Strong Buy rating and one a Hold rating, leading to a consensus rating of "Buy".
• Energy Fuels is the largest uranium producer in the U.S., holding significant production capacity and resources across multiple facilities.

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU shares hit a new 52-week high on Monday . The stock traded as high as C$21.05 and last traded at C$20.72, with a volume of 585308 shares changing hands. The stock had previously closed at C$20.62.

Wall Street Analyst Weigh In

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

Energy Fuels Price Performance

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 company has a market capitalization of C$5.18 billion, a P/E ratio of -45.82 and a beta of 1.75. The firm's fifty day moving average is C$14.75 and its 200 day moving average is C$9.51.

Insider Buying and Selling

In other Energy Fuels news, Director James Birks Bovaird sold 10,000 shares of the firm's stock in a transaction on Friday, September 19th. The shares were 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 approximately C$3,031,910.22. This trade represents a 6.32% decrease in their ownership of the stock. 2.03% of the stock is owned by 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.