Energy Fuels (TSE:EFR) Reaches New 12-Month High - Here's Why

Key Points

• Energy Fuels Inc. (TSE:EFR) reached a new 52-week high of C$14.26 during trading on Tuesday, closing at C$13.80 with a volume of 1.67 million shares.
• The company's market capitalization stands at C$1.92 billion, with a P/E ratio of -45.83 and notable liquidity measures, including a current ratio of 18.01.
• Recent analyst actions include a rating upgrade to "strong-buy" from Canaccord Genuity and a downgrade to "hold" by Roth Capital, indicating mixed market sentiment.

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU's share price hit a new 52-week high on Tuesday . The company traded as high as C$14.26 and last traded at C$13.80, with a volume of 1671197 shares. The stock had previously closed at C$13.70.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. B. Riley upgraded shares of Energy Fuels to a "strong-buy" rating in a research note on Tuesday, July 22nd. Roth Capital cut shares of Energy Fuels from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 11th. Finally, Canaccord Genuity Group upgraded shares of Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a research note on Wednesday, July 2nd.

Energy Fuels Price Performance

The stock's 50-day moving average is C$9.06 and its 200-day moving average is C$7.34. The firm has a market cap of C$1.69 billion, a P/E ratio of -40.41 and a beta of 1.54. The company has a quick ratio of 19.23, a current ratio of 18.01 and a debt-to-equity ratio of 0.31.

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 shares were sold at an average price of C$7.47, for a total transaction of C$1,572,534.50. Also, Senior Officer Dee Ann Nazarenus sold 3,585 shares of the business's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of C$7.77, for a total transaction of C$27,847.92. Over the last quarter, insiders have sold 218,597 shares of company stock valued at $1,633,475. 2.03% of the stock is 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.