Energy Fuels (TSE:EFR) Sets New 1-Year High - What's Next?

Key Points

• Energy Fuels Inc. reached a new 52-week high of C$36.32 and closed at C$33.11, reflecting a 23.8% increase in stock price.
• Analysts have shown mixed sentiments; while Canaccord Genuity upgraded the stock to a "strong-buy" rating, Roth Capital downgraded it to "hold".
• The company's market capitalization is C$8.10 billion, with a debt-to-equity ratio of 0.31 and significant insider selling reported in September.

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU's stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$36.32 and last traded at C$33.11, with a volume of 1090126 shares traded. The stock had previously closed at C$28.37.

Wall Street Analysts Forecast Growth

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

Energy Fuels Stock Up 23.8%

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 market capitalization of C$8.10 billion, a price-to-earnings ratio of -71.67 and a beta of 1.78. The firm's fifty day simple moving average is C$18.24 and its 200 day simple moving average is C$11.43.

Insider Buying and Selling

In other news, Director Dennis Higgs sold 2,500 shares of Energy Fuels stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of C$17.75, for a total value of C$44,375.00. Following the sale, the director directly owned 207,915 shares in the company, valued at C$3,690,491.25. This trade represents a 1.19% decrease in their ownership of the stock. Also, Director James Birks Bovaird sold 10,000 shares of the business's stock in a transaction on Friday, September 19th. The stock was sold at an average price of C$20.47, for a total transaction of C$204,650.00. Following the transaction, the director owned 148,151 shares in the company, valued at approximately C$3,031,910.22. The trade was a 6.32% decrease in their ownership of the stock. 2.03% of the stock is owned by company 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.

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