Energy Fuels (TSE:EFR) Stock Price Passes Above Fifty Day Moving Average - What's Next?

Key Points

• Price breakout: Shares crossed above their 50-day moving average (50-day C$23.00) on heavy volume, trading as high as C$35.72 and last at C$34.88 with ~1.22M shares exchanged.
• Weak recent fundamentals but mixed analyst views: Energy Fuels reported C($0.07) EPS last quarter, a negative net margin (-90.4%) and a negative P/E (-72.67) despite a C$8.28B market cap, while analyst ratings are mixed (average "Buy" but with recent downgrades including a Roth MKM "strong sell").
• Insider selling and company profile: Two directors recently sold shares (reducing their stakes) while insiders still own ~2.03% of stock; Energy Fuels is the largest U.S. uranium producer, operating the White Mesa mill and multiple ISR facilities.

Shares of Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$23.00 and traded as high as C$35.72. Energy Fuels shares last traded at C$34.88, with a volume of 1,215,133 shares traded.

Analysts Set New Price Targets

Separately, Roth Mkm lowered shares of Energy Fuels from a "hold" rating to a "strong sell" rating in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy".

Energy Fuels Stock Performance

The company has a fifty day moving average of C$23.00 and a two-hundred day moving average of C$20.45. The firm has a market capitalization of C$8.28 billion, a price-to-earnings ratio of -72.67 and a beta of 1.55. The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01.

Energy Fuels (TSE:EFR - Get Free Report) NASDAQ: UUUU last posted its quarterly earnings data on Tuesday, November 4th. The company reported C($0.07) earnings per share for the quarter. Energy Fuels had a negative return on equity of 9.25% and a negative net margin of 90.40%.The firm had revenue of C$24.66 million for the quarter. As a group, equities research analysts predict that Energy Fuels Inc. will post 0.19 earnings per share for the current fiscal year.

Insider Transactions at Energy Fuels

In other Energy Fuels news, Director Alexander Morrison sold 38,739 shares of the business's stock in a transaction dated Monday, November 17th. The shares were sold at an average price of C$21.36, for a total value of C$827,465.04. Following the completion of the sale, the director owned 115,094 shares of the company's stock, valued at C$2,458,407.84. The trade was a 25.18% decrease in their position. Also, Director Dennis Higgs sold 15,000 shares of the firm's 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 transaction, the director directly owned 164,498 shares in the company, valued at C$3,487,357.60. This represents a 8.36% decrease in their ownership of the stock. Insiders own 2.03% of the company's stock.

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. The producing White Mesa Mill is the only conventional uranium mill in the U.S. and has a licensed capacity of 8 million pounds of U3O8 per year.

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