Energy Fuels (TSE:EFR) Stock Price Down 11.3% - Here's Why

Key Points

• Shares plunged 11.3% intraday to C$29.64 (previous close C$33.41) on Wednesday, with 589,905 shares traded — about a 61% drop from average session volume.
• The company has a market cap of C$6.71 billion, a negative P/E of -58.02 and reported C($0.07) EPS in the most recent quarter, with a negative net margin of 90.4%; sell-side analysts expect roughly C$0.19 EPS for the year.
• Analyst views are mixed (two Strong Buy, one Hold; Roth MKM recently upgraded from Strong Sell to Hold) while insiders have been selling shares (notably Alexander Morrison and Dennis Higgs), leaving insiders with about 2.03% ownership.

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU traded down 11.3% on Wednesday . The stock traded as low as C$29.64 and last traded at C$29.64. 589,905 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 1,525,316 shares. The stock had previously closed at C$33.41.

Analyst Upgrades and Downgrades

Separately, Roth Mkm upgraded Energy Fuels from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy".

Energy Fuels Stock Down 16.6%

The firm has a market cap of C$6.71 billion, a price-to-earnings ratio of -58.02 and a beta of 1.85. 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 firm has a 50-day moving average price of C$24.75 and a two-hundred day moving average price of C$21.71.

Energy Fuels (TSE:EFR - Get Free Report) NASDAQ: UUUU last announced its quarterly earnings results on Tuesday, November 4th. The company reported C($0.07) EPS for the quarter. The company had revenue of C$24.66 million for the quarter. Energy Fuels had a negative return on equity of 9.25% and a negative net margin of 90.40%. On average, sell-side analysts forecast that Energy Fuels Inc. will post 0.19 earnings per share for the current year.

Insiders Place Their Bets

In other Energy Fuels news, Director Alexander Morrison sold 38,739 shares of the company's stock in a transaction dated Monday, November 17th. The stock was sold at an average price of C$21.36, for a total transaction of C$827,465.04. Following the completion of the sale, the director directly owned 115,094 shares in the company, valued at C$2,458,407.84. This represents a 25.18% decrease in their ownership of the stock. Also, Director Dennis Higgs sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of C$21.20, for a total transaction of C$318,000.00. Following the sale, the director directly owned 164,498 shares of the company's stock, valued at approximately C$3,487,357.60. This trade represents a 8.36% decrease in their position. 2.03% of the stock is currently owned by company insiders.

Energy Fuels Company Profile

Energy Fuels is a leading U.S. -based critical materials company, focused on uranium, rare earth elements (REEs), heavy mineral sands, vanadium and medical isotopes. Energy Fuels, which owns and operates several conventional and in-situ recovery uranium projects in the western United States, has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.

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